The HS Code 74081900 refers to a specific product category within international trade, namely refined copper wire with a maximum cross-sectional dimension of 6 mm or less. This code is used by customs authorities to classify and track imports and exports of this particular product.
When importing this product, the quantity unit is measured in kilograms (KG). This means that the weight of the copper wire is used to determine the value and customs duties associated with the shipment.
In terms of trade barriers and market openness, the bound / MFN (Most Favored Nation) duty rate for HS Code 74081900 is 3%. This means that whenever 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 is applicable to all countries unless specified otherwise through special tariff preference programs.
There are several special tariff preference programs that provide duty-free treatment for imports of this product. The eligible countries under these programs include:
These countries have been granted special rates or exemptions from duty for imports of refined copper wire under specific trade agreements or programs. For example, the NAFTA agreement provides duty-free treatment for imports from Canada and Mexico. Similarly, the Andean Trade Preference Act (ATPA) grants duty-free treatment for imports from certain South American countries.
In the United States, the following states are known for importing HS Code 74081900:
These states have a significant demand for refined copper wire and engage in trade activities related to this product. On the other hand, the following states are known for exporting HS Code 74081900:
These states are major producers of refined copper wire and contribute to the global supply chain of this product.
Overall, HS Code 74081900 plays a crucial role in facilitating international trade of refined copper wire with specific dimensional specifications. Understanding the details and implications of this code is essential for importers, exporters, and customs authorities involved in the trade of this product.