The HS Code 84073220 refers to spark-ignition reciprocating piston engines used in vehicles of heading 8701.20, 8702-8704, with a cylinder capacity over 50cc but not exceeding 250cc. This code is used for the classification and identification of these specific engines in international trade.
When it comes to trade barriers and market access, the bound or most-favored-nation (MFN) duty rate for this HS code is free. 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. This ensures fair and equal treatment for all countries involved in trade.
The quantity unit for this HS code is measured in numbers (NO), indicating the number of engines being traded or imported/exported.
There are also special tariff preference programs associated with this HS code, which provide certain countries with additional benefits or exemptions. The following countries enjoy free tariff treatment for this product:
Now, let's take a look at the importing and exporting US states for this HS code:
Importing US States: Maine, Wisconsin
Exporting US States: Maine
These states are actively involved in the import and export of spark-ignition reciprocating piston engines used in vehicles with the specified cylinder capacity range. It is important for businesses and traders to be aware of the specific states involved in this trade to facilitate efficient transactions and logistics.
the HS Code 84073220 represents spark-ignition reciprocating piston engines used in vehicles. Understanding this code, its associated duty rates, and special tariff preference programs can greatly assist businesses and traders in international trade operations.