When it comes to international trade, various codes and classifications are used to identify and categorize products. One such code is the HS code, which stands for Harmonized System code. The HS code 75052210 specifically refers to nickel alloy wire that has been cold formed.
Nickel alloys are a group of metals that contain nickel as the primary element. These alloys exhibit excellent corrosion resistance, high temperature strength, and exceptional mechanical properties. They are widely used in various industries, including aerospace, automotive, electronics, and manufacturing.
The HS code 75052210 provides a standardized way to classify and track the import and export of nickel alloy wire, ensuring uniformity and transparency in international trade. Understanding the HS code is crucial for importers, exporters, customs authorities, and trade organizations, as it helps in determining the applicable duties, tariffs, and regulations for a specific product.
The product described under the HS code 75052210 is nickel alloy wire that has undergone a cold forming process. Cold forming involves shaping or deforming metal at room temperature, typically through processes such as rolling, drawing, or extrusion. This manufacturing technique enhances the strength and durability of the wire.
The bound / MFN (Most Favored Nation) duty rate for the HS code 75052210 is 3%. The MFN principle states 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. This ensures equal treatment and fair competition among countries.
The quantity unit for the HS code 75052210 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight of goods being imported or exported.
The nickel alloy wire falling under the HS code 75052210 is eligible for various special tariff preference programs. These programs provide preferential treatment, including duty-free or reduced-duty access, to specific countries. The countries that offer special tariff preferences for this product are:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties and barriers for certain products.
The nickel alloy wire classified under the HS code 75052210 is imported into the following US states:
The nickel alloy wire classified under the HS code 75052210 is exported from the following US states:
These states play a significant role in the trade of nickel alloy wire, contributing to the domestic and international supply chains.
the HS code 75052210 represents nickel alloy wire that has been cold formed. This code enables standardized classification, tracking, and regulation of the product in international trade. Importers, exporters, and customs authorities rely on the HS code to determine the applicable duties, tariffs, and special programs associated with the product. Understanding the HS code is essential for smooth and transparent global trade.