The HS Code 74072916 refers to copper alloys in the form of hollow profiles. This code is used to classify and identify copper alloy products for international trade purposes. In this article, we will provide an extensive overview of this HS code and explore various aspects related to it.
Copper alloys are materials made up of copper and other elements, such as zinc, tin, nickel, or aluminum. These alloys offer improved properties and characteristics compared to pure copper, making them suitable for various applications. The HS Code 74072916 specifically refers to copper alloy hollow profiles.
Hollow profiles are copper alloy products with a hollow or tubular shape. They can be manufactured through various processes, including extrusion, casting, or forming. Hollow profiles are used in industries like construction, plumbing, electrical, and manufacturing.
The bound / MFN (Most Favored Nation) duty rate for HS Code 74072916 is 3%. This rate is applied every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment.
The quantity unit for HS Code 74072916 is kilograms (KG). This unit is used to measure the weight of copper alloy hollow profiles during import and export transactions. It provides a standardized measurement system for international trade.
HS Code 74072916 is eligible for various special tariff preference programs. These programs offer reduced or duty-free rates for imports and exports of copper alloy hollow profiles. The following countries and trade agreements provide special tariff rates:
These special tariff preference programs aim to promote international trade and strengthen economic cooperation between countries.
For imports of copper alloy hollow profiles under HS Code 74072916, the following US states are major importers:
These states have a significant demand for copper alloy hollow profiles in various industries.
On the other hand, the following US states are major exporters of copper alloy hollow profiles:
These states have a strong manufacturing base and export copper alloy hollow profiles to meet global demand.
HS Code 74072916 represents copper alloy hollow profiles, which are versatile materials used in various industries. Understanding this HS code is crucial for importers, exporters, and businesses involved in international trade. By knowing the bound duty rate, quantity unit, and special tariff preference programs, companies can effectively navigate the import and export of copper alloy hollow profiles and take advantage of trade benefits.