Aluminum alloys are widely used in various industries due to their excellent properties such as lightweight, corrosion resistance, and high strength-to-weight ratio. These alloys are widely used in the automotive, aerospace, construction, and manufacturing sectors. HS Code 76012030 specifically refers to aluminum alloys that are unwrought and in coil form, with a uniform cross-section throughout the length and a minimum cross-sectional dimension not exceeding 9.5 mm.
When it comes to international trade, tariffs and duties play a significant role in determining the cost of importing or exporting goods. The bound or most-favored-nation (MFN) duty rate for HS Code 76012030 is 2.6%. 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. This helps ensure fairness and equal treatment in international trade.
The quantity unit for HS Code 76012030 is kilograms (KG). This is the standard unit used to measure the weight of the aluminum alloy coils during import or export processes.
There are also special tariff preference programs available for HS Code 76012030. These programs offer reduced or duty-free treatment for certain countries. For example:
When it comes to the United States, different states have varying levels of imports and exports for HS Code 76012030. Based on the data provided, the following states are significant importers:
On the other hand, the following states are major exporters of HS Code 76012030:
HS Code 76012030 represents aluminum alloys in coil form. It is an essential product used in various industries globally. Understanding the tariff rates, special tariff preference programs, and the import-export trends of this HS Code can help businesses make informed decisions and navigate the international trade landscape more effectively.