When it comes to international trade, it is essential to have a standardized system for classifying products. This is where the Harmonized System (HS) Code plays a crucial role. The HS Code 79050000 specifically pertains to zinc plates, sheets, strip, and foil. In this article, we will delve deeper into the details of this HS Code and explore various aspects related to it.
The product description covered by HS Code 79050000 is zinc plates, sheets, strip, and foil. Zinc is a versatile metal that finds applications in various industries. It is commonly used in construction, automotive, electrical, and even in the manufacturing of consumer goods. The HS Code ensures that these specific zinc products are properly classified for international trade purposes.
The bound / MFN (Most Favored Nation) duty rate for HS Code 79050000 is 2.8%. The MFN principle ensures that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate applies uniformly to all countries, promoting fair and non-discriminatory trade practices.
The quantity unit for HS Code 79050000 is kilograms (KG). This unit of measurement enables accurate and standardized trade transactions involving zinc plates, sheets, strip, and foil. It ensures that both importers and exporters have a clear understanding of the quantity being traded, facilitating seamless international trade operations.
HS Code 79050000 is eligible for various special tariff preference programs. These programs offer specific benefits and exemptions to certain countries. The following countries enjoy preferential treatment for importing zinc plates, sheets, strip, and foil:
These special tariff preference programs aim to promote trade relations, encourage economic growth, and enhance cooperation between countries. Importers and exporters should be aware of these programs to take advantage of the benefits they offer.
While HS Code 79050000 covers the import of zinc plates, sheets, strip, and foil into the United States, it is important to note that it may vary in terms of which states are importing this particular product. Based on available data, the following US states have been identified as importers of zinc plates, sheets, strip, and foil:
This information provides insights into the domestic demand for zinc products and highlights the importance of these states in the zinc trade within the United States.
As the data provided does not specify the exporting US states for HS Code 79050000, further research is required to determine the states involved in exporting zinc plates, sheets, strip, and foil. Understanding the exporting states is crucial to gain a comprehensive understanding of the overall zinc trade dynamics within the United States.
HS Code 79050000 plays a vital role in the international trade of zinc plates, sheets, strip, and foil. It ensures proper classification, facilitates fair trade practices, and allows for the implementation of special tariff preference programs. Importers, exporters, and trade professionals must familiarize themselves with this HS Code to navigate the global zinc trade effectively.