Bearing housings, also known as plummer blocks or pillow blocks, are mechanical components that support rotating shafts in various types of machinery. These housings provide a secure and stable platform for plain shaft bearings, ensuring smooth operation and minimizing friction. In this article, we will explore the details of HS Code 84833080, which specifically covers bearing housings nesi (not elsewhere specified) and plain shaft bearings.
The Harmonized System (HS) is an international standard used to classify traded products. Each product is assigned a unique HS code, which enables customs authorities to identify and categorize goods for import and export purposes. HS Code 84833080 specifically refers to bearing housings nesi and plain shaft bearings.
Under HS Code 84833080, the product description includes bearing housings nesi and plain shaft bearings. Bearing housings are typically made of cast iron, steel, or other robust materials and are designed to enclose and support plain shaft bearings. Plain shaft bearings, also known as bushings or sleeve bearings, provide a sliding or rotating surface between two parts, reducing friction and enabling smooth movement.
For HS Code 84833080, the bound/Most Favored Nation (MFN) duty rate is 4.5%. The MFN duty rate is the rate applied to imports from all trading partners when a country lowers a trade barrier or opens up a market. This means that regardless of the country of origin, bearing housings and plain shaft bearings under this HS code are subject to a 4.5% duty rate.
Under HS Code 84833080, several special tariff preference programs apply to bearing housings and plain shaft bearings. These programs offer reduced or duty-free rates for imports from specific countries. Here are some of the programs and their respective rates:
These special tariff preference programs aim to promote trade and economic development between countries by providing incentives for imports of specific goods.
While HS Code 84833080 applies to imports across the United States, there are specific states that have a higher volume of imports under this code. The following states are major importers of bearing housings and plain shaft bearings:
These states likely have a significant presence of industries that rely on machinery and equipment requiring bearing housings and plain shaft bearings.
While the data does not specify the exporting US states for HS Code 84833080, it is important to note that bearing housings and plain shaft bearings are produced in various states across the country. Manufacturing hubs in states such as New Hampshire, North Carolina, and the Virgin Islands may contribute to the export of these products.
HS Code 84833080 encompasses bearing housings nesi and plain shaft bearings, which play a crucial role in supporting rotating shafts in machinery. Understanding the HS code, product description, duty rates, and special tariff preference programs associated with this code is essential for importers and exporters of bearing housings and plain shaft bearings. By considering the importing and exporting US states, businesses can identify potential trade opportunities and market demand for these products.