The HS Code 84779065 refers to hydraulic assemblies of machinery used for working rubber or plastics or for the manufacture of products from these materials. This code is specifically used for classifying and categorizing these types of hydraulic assemblies in international trade.
When it comes to international trade, the HS code plays a crucial role in identifying and classifying different products. It is used by customs authorities to determine the applicable tariffs and regulations for a particular product. This code also helps in tracking trade statistics and monitoring international trade patterns.
The product description for HS Code 84779065 specifies that it includes hydraulic assemblies of machinery for working rubber or plastics or for the manufacture of products from these materials. This can encompass a wide range of hydraulic systems and equipment used in various industries such as manufacturing, construction, and agriculture.
The bound / MFN duty rate for HS Code 84779065 is 3.1%. 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 duty rate applies to imports of hydraulic assemblies of machinery falling under this HS code.
The quantity unit for HS Code 84779065 is stated as "no units collected (X)". This indicates that the data regarding the quantity of imported or exported goods under this code is not available or not collected. It is important to note that the quantity unit can vary for different HS codes depending on the nature of the product being traded.
There are also special tariff preference programs associated with HS Code 84779065. These programs provide certain countries with preferential treatment or exemptions from import duties. For this specific HS code, the following countries or regions are eligible for special tariff preferences:
These special tariff preference programs aim to promote trade and economic cooperation between the eligible countries and regions. They provide opportunities for duty-free or reduced-duty imports and can have a positive impact on trade volumes and relationships.
When it comes to the importing and exporting of products classified under HS Code 84779065, the available data shows that the state of Wyoming in the United States is an importing state. However, there is no specific information available regarding the exporting states of the US.
HS Code 84779065 represents hydraulic assemblies of machinery for working rubber or plastics or for the manufacture of products from these materials. This code is important for international trade as it helps in classifying and regulating the import and export of these products. The associated duty rate, quantity unit, and special tariff preference programs further contribute to the understanding of the trade dynamics related to this HS code.