Machinery parts play a crucial role in various industries, ensuring the smooth operation of different types of machinery. One specific HS code that encompasses these parts is 84879000. In this article, we'll delve into the details of this HS code, exploring its product description, duty rates, quantity units, special tariff preference programs, and the importing and exporting US states associated with it.
The HS code 84879000 refers to machinery parts that do not contain electrical connectors, insulators, coils, contacts, or any other electrical features. These parts fall under the category of "other parts nesi," which stands for "not elsewhere specified or included." This broad category encompasses a wide range of machinery components that are essential for the proper functioning of various industrial equipment.
The bound or Most Favored Nation (MFN) duty rate for HS code 84879000 is 3.9%. The MFN duty rate indicates the tariff applied to a product when a country lowers a trade barrier or opens up a market. It is important to note that this duty rate applies uniformly to the same goods or services from all trading partners of a country.
The quantity unit for HS code 84879000 is kilograms (KG). This unit of measurement is used to determine the weight of the machinery parts being imported or exported. The KG unit helps in accurately calculating the quantity and cost of these parts during international trade transactions.
HS code 84879000 is eligible for several special tariff preference programs. These programs offer favorable tariff treatment to specific countries or regions. Here are some of the programs applicable to this HS code:
Based on the available data, the following US states are involved in importing machinery parts under HS code 84879000:
On the other hand, the following US state is associated with exporting machinery parts under this HS code:
These states play a significant role in facilitating the import and export of machinery parts, contributing to the overall trade of the country.
HS code 84879000 encompasses machinery parts that are crucial for the smooth functioning of various industrial equipment. Understanding the product description, duty rates, quantity units, special tariff preference programs, and the involvement of specific US states in importing and exporting can help businesses navigate international trade more effectively.