The HS Code 74081160 refers to refined copper wire with a maximum cross-sectional dimension over 6 mm but not over 9.5 mm. This article will provide an extensive overview of the product, its import and export data, as well as relevant information regarding tariff rates and special tariff preference programs.
Refined copper wire falling under HS Code 74081160 is characterized by its specific dimensions. The wire must have a maximum cross-sectional dimension over 6 mm but not exceeding 9.5 mm. This particular classification helps distinguish this type of copper wire from other variations based on its dimensions.
The bound or most-favored-nation (MFN) duty rate for HS Code 74081160 is 3%. This means that every time 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. The 3% duty rate applies to imports of refined copper wire falling under this HS code.
For the purpose of trade and measurement, the quantity unit used for refined copper wire under HS Code 74081160 is kilograms (KG). This unit of measurement allows for accurate and standardized recording of the weight of the imported or exported copper wire.
Several special tariff preference programs apply to imports of refined copper wire with the HS Code 74081160. These programs offer specific benefits and reduced or duty-free treatment for certain countries. The following are the special tariff preference programs applicable to this product:
These special tariff preference programs aim to promote trade and provide favorable conditions for certain countries or regions when importing refined copper wire with this HS code.
Refined copper wire under HS Code 74081160 is imported into various US states. The following states are significant importers of this product:
These states have a significant demand for refined copper wire and actively engage in its importation for various industrial and commercial purposes.
Refined copper wire falling under HS Code 74081160 is exported from various US states to other countries. The following states are notable exporters of this product:
These states have established trade relationships and meet the demand for refined copper wire from other countries or regions.
the HS Code 74081160 represents refined copper wire with specific dimensions. It is subject to a 3% bound / MFN duty rate and is traded in kilograms (KG). Special tariff preference programs provide certain countries with reduced or duty-free treatment. The importation of this product is prominent in states such as Minnesota, New Mexico, Oklahoma, and the Virgin Islands, while exporting is carried out by states like New Mexico, Wyoming, Utah, Missouri, Hawaii, and New York.