When it comes to international trade, it is crucial to have a standardized system for classifying goods. The Harmonized System (HS) code is a global standard for categorizing products. HS Code 84779085 specifically refers to parts of machinery for working rubber or plastics or for the manufacture of products from these materials, not elsewhere specified.
These parts play a vital role in the manufacturing process of rubber or plastic-based products. They are essential for various industries, including automotive, construction, and consumer goods. The HS Code helps customs authorities and traders worldwide in identifying, classifying, and tracking these parts for import and export purposes.
The Bound / MFN duty rate for HS Code 84779085 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 rate ensures fairness and equal treatment for all parties involved in international trade.
The quantity unit for HS Code 84779085 is "no units collected (X)." While this may seem confusing, it indicates that the quantity of these parts is not measured in a specific unit. Instead, it depends on the specific requirements and specifications of the machinery or equipment they are intended for.
There are also special tariff preference programs applicable to HS Code 84779085. These programs offer certain countries preferential treatment in terms of duty rates. The following countries benefit from these programs:
These special tariff preference programs aim to promote trade and economic cooperation between countries. By offering duty-free treatment or reduced rates, they encourage imports and exports, fostering international business relationships and stimulating economic growth.
Currently, the United States imports HS Code 84779085 parts mainly from Wyoming. Wyoming serves as a significant source for these machinery parts, supplying manufacturers and industries across the country.
On the other hand, the exporting state in the United States for HS Code 84779085 parts is Vermont. Vermont plays a crucial role in the export of these parts to various international markets. Its manufacturers and exporters contribute to the global supply chain, ensuring the availability of these essential components worldwide.
HS Code 84779085 represents parts of machinery used for working rubber or plastics or for manufacturing products from these materials. These parts are essential for multiple industries and play a vital role in the global supply chain. Understanding the HS Code and its associated tariff preferences is crucial for importers, exporters, and customs authorities to facilitate international trade effectively.