The HS Code 84109000 refers to parts, including regulators, of hydraulic turbines and water wheels. This code is used to classify and identify these specific components for international trade purposes. Understanding the HS code for a product can provide valuable information about its characteristics, regulations, and trade preferences.
The product description for HS Code 84109000 includes parts and components used in hydraulic turbines and water wheels. These parts may include regulators, which are essential for controlling the flow and pressure of fluids within the turbines or wheels. They play a crucial role in the efficient functioning of the overall system.
When it comes to trade barriers and market access, the bound or most-favored-nation (MFN) duty rate for HS Code 84109000 is 3.8%. This means that countries imposing tariffs or trade barriers on these parts cannot exceed this rate. It promotes fair trade practices by ensuring that the same duty rate is applied to all trading partners for the same goods or services.
Several special tariff preference programs are available for HS Code 84109000. These programs provide preferential treatment or duty-free access to specific countries. The programs applicable to this HS code include the Generalized System of Preferences (GSP), Australia Special Rate, Bahrain Special Rate, NAFTA for Canada, Chile Special Rate, Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Morocco Special Rate, NAFTA for Mexico, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), Peru Special Rate, and Singapore Special Rate.
Based on the available data, the importing US states for HS Code 84109000 include Alabama, Kentucky, Michigan, Missouri, Ohio, and South Carolina. These states are likely to have a significant demand for the parts and components related to hydraulic turbines and water wheels. The repeated mention of these states suggests their importance in terms of trade and consumption of these products.
Similarly, the exporting US states for HS Code 84109000 include Alabama, Michigan, Ohio, Tennessee, and West Virginia. These states are likely to have a significant production or export capacity for these parts. The data indicates that trade in these components is not limited to a specific region but is spread across multiple states.
HS Code 84109000 refers to parts, including regulators, of hydraulic turbines and water wheels. The code helps in classifying and identifying these components for international trade purposes. Understanding the HS code provides valuable information about product characteristics, trade regulations, and preferential treatment programs. The data highlights the importing and exporting US states for this HS code, indicating the demand and production capacity of these components in various regions.