Titanium is a versatile metal that is commonly used in various industries due to its exceptional properties. HS Code 81089030 specifically refers to titanium articles nesoi, which stands for "not elsewhere specified or included." This means that it encompasses titanium products that do not fall under any other specific HS code category.
When importing or exporting titanium articles nesoi, it is essential to understand the relevant information regarding HS Code 81089030. This article aims to provide an extensive overview of this HS code, including its product description, duty rates, quantity units, and special tariff preference programs.
HS Code 81089030 covers titanium articles nesoi, which includes various products made from titanium that do not have a specific classification under another HS code. These articles may include titanium components, parts, or finished products used in industries such as aerospace, medical, automotive, and more. Titanium's unique combination of strength, lightness, and corrosion resistance makes it an ideal choice for many applications.
The bound / MFN (Most Favored Nation) duty rate for HS Code 81089030 is 5.5%. The MFN duty rate is the rate applied to imports from all trading partners of a country. It ensures 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. This duty rate applies to all imports of titanium articles nesoi regardless of the country of origin.
The quantity unit for HS Code 81089030 is kilograms (KG). This means that the weight of the imported or exported titanium articles nesoi is measured in kilograms. It is crucial to accurately determine the weight to calculate shipping costs, customs duties, and other applicable charges.
There are several special tariff preference programs available for titanium articles nesoi under HS Code 81089030. These programs provide preferential treatment in terms of duty rates, allowing for reduced or duty-free importation of titanium products. The following countries and programs offer special tariff preferences for titanium articles nesoi:
While HS Code 81089030 applies to the entire United States, it is worth noting that certain states may have higher import volumes of titanium articles nesoi. In the case of HS Code 81089030, Maryland has been identified as a significant importing state. This suggests that businesses and industries in Maryland may have a higher demand for titanium articles nesoi.
As HS Code 81089030 covers titanium articles nesoi imported into the United States, there is no specific information available regarding exporting US states. However, it is essential to consider that the United States is a major global exporter of various titanium products. Titanium articles nesoi manufactured in the United States may be exported to countries worldwide, contributing to international trade and economic growth.
HS Code 81089030 encompasses titanium articles nesoi, providing a comprehensive classification for various titanium products that do not fall under any other specific HS code. Understanding this HS code's product description, duty rates, quantity units, and special tariff preference programs is essential for businesses and individuals involved in importing or exporting titanium articles nesoi. By staying informed and leveraging the available tariff preferences, importers and exporters can navigate international trade more effectively and maximize their business opportunities.