Tungsten, articles nesoi fall under HS Code 81019980. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 81019980 refers to tungsten and articles not elsewhere specified or included. Tungsten is a rare and valuable metal known for its high melting point, density, and strength. It is widely used in various industries, including aerospace, automotive, electronics, and construction.
The bound / MFN (most favored nation) duty rate for HS Code 81019980 is 3.7%. This means 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. The duty rate is applied to the value of the imported tungsten and its articles.
The quantity unit for HS Code 81019980 is kilograms (KG). This unit is used to measure the weight or mass of the imported or exported tungsten and its articles. It provides a standardized measurement for trade transactions and ensures accurate record-keeping.
There are several special tariff preference programs for HS Code 81019980, providing certain countries with preferential treatment in terms of duty rates. These programs include:
These special tariff preference programs aim to promote trade and foster economic relationships between countries. They provide opportunities for reduced or eliminated duty rates, making the import and export of tungsten and its articles more cost-effective for participating countries.
The United States imports tungsten and its articles from various states. The specific states involved in the importation may vary depending on market demand, availability, and other factors. Some notable states known for tungsten importation include California, Texas, New York, Illinois, and Ohio.
Similarly, the United States exports tungsten and its articles to different states around the world. The exporting states may differ based on production capacity, demand, and international trade agreements. Some major states involved in tungsten exports include California, Colorado, Washington, Pennsylvania, and Nevada.
HS Code 81019980 represents tungsten and articles nesoi. This HS code is essential for international trade, providing a standardized classification for customs purposes. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code is crucial for importers, exporters, and policymakers in facilitating efficient and cost-effective tungsten trade.