The HS code 85030035 refers to parts of electric motors with a power output of under 18.65 W, specifically stators and rotors. This code is used to classify and identify these specific components when they are being imported or exported.
When importing or exporting goods, it is important to understand the HS code assigned to the product. This code is used by customs authorities to determine the appropriate duties and taxes that should be applied. In the case of HS code 85030035, the bound or MFN (Most Favored Nation) duty rate is 6.5%. 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.
It is worth noting that there are special tariff preference programs available for HS code 85030035. These programs provide certain countries with duty-free treatment when importing these parts of electric motors. The countries eligible for these special rates include Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and several others.
When looking at the quantity unit for HS code 85030035, it is stated as "no units collected (X)." This means that there is no specific unit of measurement used for this code. The quantity of parts being imported or exported is not measured in a specific unit.
Based on the data provided, the importing US states for HS code 85030035 include South Dakota, California, Illinois, Minnesota, Mississippi, Montana, Nevada, New Hampshire, New Mexico, Pennsylvania, Wisconsin, District of Columbia, North Carolina, Virgin Islands, Arizona, and Colorado. These states have imported parts of electric motors under 18.65 W, stators and rotors.
On the other hand, the exporting US states for HS code 85030035 include Illinois, Massachusetts, New Mexico, Rhode Island, and Wisconsin. These states have exported these specific parts of electric motors to other countries.
HS code 85030035 is used to classify and identify parts of electric motors under 18.65 W, specifically stators and rotors. It is important to understand this code when importing or exporting these components to ensure the correct duties and taxes are applied. The special tariff preference programs provide certain countries with duty-free treatment for these parts. The data provided shows the importing and exporting US states for HS code 85030035.