The HS Code 84462900 refers to weaving machines specifically designed for weaving fabrics that have a width exceeding 30 cm. These machines are of the shuttle type, which means they use a shuttle to carry the weft thread across the warp threads. This HS code is used to classify and identify these particular types of weaving machines in international trade.
When importing these weaving machines, it is important to be aware of the various regulations and duty rates associated with them. The bound / most-favored-nation (MFN) duty rate for this HS code is free. This means that countries are not required to pay any duty when importing these weaving machines. The reason for this is 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.
The quantity unit for this HS code is number (NO), which means that the units of measurement for these weaving machines are counted as individual items.
There are also special tariff preference programs available for this HS code. These programs provide additional benefits or preferential treatment to certain countries. For HS Code 84462900, the following countries are eligible for special tariff preferences:
When importing these weaving machines to the United States, certain states have been identified as major importers. These states include California, Kentucky, Mississippi, New Hampshire, New Jersey, Tennessee, and Virginia. These states have a higher demand for these weaving machines and play a significant role in the importation of this product.
On the other hand, the major exporting states within the United States for HS Code 84462900 are Colorado, New Hampshire, and Virginia. These states have a higher production capacity for these weaving machines and contribute significantly to the exportation of this product.
HS Code 84462900 classifies weaving machines for weaving fabrics of a width exceeding 30 cm, shuttle type, NESI. Importing countries can benefit from duty-free treatment and special tariff preference programs, while certain states in the United States are major importers and exporters of these weaving machines.