The HS Code 84701000 refers to a specific product category: electronic calculators that operate without external electric power and are pocket-size data recording/reproducing/displaying machines with a calculating function. This article will provide an extensive overview of this HS code and its related information.
The product described under HS Code 84701000 is an electronic calculator that does not require external electric power to function. It is a pocket-size device that is capable of recording, reproducing, and displaying data, while also having a built-in calculating function. This code helps in classifying and identifying the specific characteristics and features of this type of electronic calculator.
The bound or most-favored-nation (MFN) duty rate for HS Code 84701000 is free. This means that when 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 duty rate ensures that there are no additional tariffs or fees imposed on the import or export of products falling under this HS code.
The quantity unit for HS Code 84701000 is the number (NO). This unit signifies that the product is measured and traded based on the count or number of units rather than weight or volume. Therefore, the quantity of electronic calculators falling under this HS code is determined by the number of individual devices.
Under special tariff preference programs, the import of products falling under HS Code 84701000 may be eligible for preferential treatment. The following countries or regions offer special rates or duty-free treatment for these products:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties for specific products. The inclusion of HS Code 84701000 in these programs indicates the importance of electronic calculators in international trade.
In the United States, the following states are known for importing electronic calculators falling under HS Code 84701000:
These states have a significant demand for electronic calculators and play a vital role in the importation of these products into the United States.
On the other hand, the following states in the United States are known for exporting electronic calculators falling under HS Code 84701000:
These states contribute to the global supply of electronic calculators and play a significant role in meeting the international demand for these products.
Overall, HS Code 84701000 represents a specific category of electronic calculators that operate without external electric power and possess data recording, reproducing, and displaying capabilities. Understanding this HS code and its related information is important for importers, exporters, and policymakers involved in international trade and commerce.