Air compressors are essential tools used in a wide range of industries and applications. They are used to convert power into potential energy stored in compressed air, which can then be used to power various pneumatic tools and equipment. HS Code 84148016 specifically refers to air compressors that are not elsewhere specified or included (nesoi).
When it comes to international trade, the Harmonized System (HS) code is used to classify goods for customs and other regulatory purposes. The HS code 84148016 helps identify and categorize air compressors, making it easier for countries to track imports and exports of these products.
Air compressors, nesoi, covered under HS code 84148016, can vary in terms of size, capacity, and functionality. They are used in various industries such as manufacturing, construction, automotive, and even in household applications. These compressors have the ability to generate high-pressure air, which can be stored in tanks for later use.
The bound or Most Favored Nation (MFN) duty rate for air compressors classified under HS code 84148016 is free. This means that countries are not required to impose any tariffs or duties on the import of these products. The free duty rate promotes trade and encourages countries to lower trade barriers and open up their markets for air compressors.
It is important to note that the MFN duty rate applies uniformly to all trading partners. This means that if a country lowers trade barriers or opens up its market for air compressors from one trading partner, it must do so for all its trading partners.
The quantity unit for air compressors classified under HS code 84148016 is "number" (NO). This indicates that the quantity of air compressors is measured in units, rather than weight or volume.
Air compressors classified under HS code 84148016 may be eligible for special tariff preference programs in certain countries. These programs provide preferential treatment, such as duty-free or reduced duty rates, for imports from specific countries or regions.
For example, the following special tariff preference programs apply to air compressors:
These special tariff preference programs aim to promote trade and facilitate economic cooperation between countries.
Based on the available data, the following US states have imported air compressors classified under HS code 84148016:
These states play a significant role in the importation of air compressors into the United States. The data suggests that there is a demand for air compressors in various industries across these states.
Based on the available data, the following US states have exported air compressors classified under HS code 84148016:
These states have been actively involved in exporting air compressors to other countries. This highlights the competitiveness and capabilities of these states in the air compressor industry.
air compressors classified under HS code 84148016 are versatile and widely used in various industries. The free duty rate and special tariff preference programs promote trade and facilitate the import and export of these products. Understanding the HS code and its associated data helps in tracking and analyzing trade patterns and market trends related to air compressors.