The HS Code 74082910 refers to copper alloys wire that is coated or plated with metal, excluding brass, cupro-nickel, or nickel-silver. This code is used to classify and track the import and export of this specific product. Understanding the HS code system is crucial for international trade as it helps in harmonizing customs procedures and facilitating the movement of goods across borders.
Copper alloys are versatile and widely used in various industries due to their excellent electrical and thermal conductivity, corrosion resistance, and durability. The wire covered under this HS code is further enhanced by coating or plating it with different metals, which provide additional properties and aesthetic appeal.
The bound / MFN duty rate for products falling under HS Code 74082910 is 3%. Bound duty rate refers to the maximum tariff rate applied by a country, while MFN (Most Favored Nation) duty rate is the standard rate applied to all trading partners. It is important to note 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.
The quantity unit for this HS code is kilograms (KG), which is the standard unit of measurement for international trade. This indicates that the weight of the copper alloys wire coated or plated with metal is measured in kilograms.
There are several special tariff preference programs associated with HS Code 74082910. These programs provide specific benefits and incentives to certain countries. The following countries enjoy tariff preferences for this product:
When it comes to importing this product into the United States, the following states are major importers:
On the other hand, the major exporting states within the United States for this product are:
HS Code 74082910 plays a crucial role in facilitating international trade of copper alloys wire coated or plated with metal. Understanding the code, its associated duty rates, and special tariff preference programs can help businesses navigate the complexities of global trade and make informed decisions.