The HS Code 73052040 refers to a specific product category in international trade. In this article, we will explore the details of this HS code and provide comprehensive information about the product it represents. The HS code is a standardized system for classifying goods in international trade, allowing countries to have a common understanding of the products being traded.
The product described under HS Code 73052040 is iron or nonalloy steel casing pipe. It is seamed and has a circular cross-section with an external diameter exceeding 406.4mm. This type of casing pipe is specifically designed for use in drilling operations for oil and gas extraction. It is not threaded or coupled, distinguishing it from other types of casing pipes used in different industries.
The bound or most-favored-nation (MFN) duty rate for the product under HS Code 73052040 is free. This means that no import duty or tariff is applicable when importing this product. The concept of MFN duty rate ensures that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This promotes fairness and equal treatment in international trade.
The quantity unit for the product under HS Code 73052040 is kilograms (KG). This means that the weight of the casing pipe is measured and recorded in kilograms. The quantity unit is an important parameter for calculating shipping costs, customs duties, and other trade-related factors.
There might be special tariff preference programs available for the product under HS Code 73052040. These programs provide preferential treatment to certain imports, reducing or eliminating customs duties. However, specific details regarding such programs for this particular product are not provided in the available data.
According to the available data, the importing US state for the product under HS Code 73052040 is Oklahoma. This indicates that the state of Oklahoma is involved in the importation of this particular type of casing pipe. It is worth noting that this information is subject to change based on trade patterns and market dynamics.
No specific information is available regarding the exporting US states for the product under HS Code 73052040. This data gap suggests that the available information does not provide details about the origin or source of this particular type of casing pipe within the United States. Further research or data collection might be required to obtain such information.
the HS Code 73052040 represents iron or nonalloy steel casing pipe used in drilling operations for oil and gas extraction. This product is seamed, has a circular cross-section, and an external diameter exceeding 406.4mm. The bound or MFN duty rate for this product is free, and the quantity unit is kilograms (KG). The importing US state is Oklahoma, while no specific information is available regarding the exporting US states. Understanding the HS code and its associated product description is crucial for importers, exporters, and regulatory authorities involved in international trade.