When it comes to international trade, it is crucial to have a clear understanding of the Harmonized System (HS) codes. These codes are used worldwide to classify and categorize goods for customs and statistical purposes. In this article, we will delve into the HS code 82119300, specifically focusing on knives having other than fixed blades.
The HS code 82119300 refers to a specific category of knives that are designed with blades that are not fixed. This includes various types of folding knives, pocket knives, and multi-purpose tools. These knives are widely used for various purposes, ranging from everyday tasks to outdoor activities such as camping, hiking, and hunting.
It is important to note that the HS code 82119300 is used globally to identify and regulate the import and export of these knives. Understanding the HS code is vital for both importers and exporters to ensure compliance with customs regulations and to determine the applicable duties and tariffs.
The product description for HS code 82119300 is "knives having other than fixed blades." This description encompasses a wide range of knives that fall under this category. It includes folding knives, which are designed with a mechanism that allows the blade to be folded into the handle, making them compact and easy to carry. Additionally, pocket knives and multi-purpose tools with non-fixed blades also fall under this HS code.
The bound or Most Favored Nation (MFN) duty rate for knives under HS code 82119300 is 3 cents each, plus an additional 5.4% every time a country lowers a trade barrier or opens up a market. This means that importers of these knives will be required to pay the specified duty rate, unless they qualify for any special tariff preference programs.
The quantity unit for knives under HS code 82119300 is "number" (NO). This means that the quantity of knives imported or exported will be measured and recorded in terms of the number of units.
There are several special tariff preference programs available for knives under HS code 82119300. These programs provide certain countries with preferential treatment, including duty-free or reduced-duty rates. The following countries have special tariff preference programs for these knives:
Importers and exporters from these countries can take advantage of these special tariff preference programs to minimize or eliminate the duty rates applicable to knives under HS code 82119300.
The import and export of knives under HS code 82119300 can involve various US states. Some of the key importing states include California, Texas, New York, Florida, and Illinois. These states have significant trade volumes and are major hubs for importing goods into the United States.
On the other hand, several US states are major exporters of knives under this HS code. These include Oregon, Pennsylvania, Ohio, Michigan, and Wisconsin. These states have a strong manufacturing base and export their products to various international markets.
HS code 82119300 plays a vital role in the classification and regulation of knives having other than fixed blades. Understanding this HS code is essential for importers and exporters to ensure compliance with customs regulations and determine applicable duties and tariffs. Additionally, knowledge of special tariff preference programs can help businesses take advantage of duty-free or reduced-duty rates in specific countries. By understanding the intricacies of HS code 82119300, businesses can navigate the global trade landscape more effectively.