When it comes to international trade, it is essential to have a standardized system for classifying goods. This is where the Harmonized System (HS) Code comes into play. Each product is assigned a unique HS Code, which helps in identifying and categorizing goods for customs and trade purposes. In this article, we will delve into HS Code 85079080, which covers parts of storage batteries, including separators, excluding parts of lead-acid storage batteries.
The HS Code 85079080 specifically refers to components used in storage batteries, such as separators. These parts are crucial for the functioning and performance of batteries, ensuring the separation of positive and negative electrodes to prevent short circuits and enhance efficiency.
It is worth noting that the HS Code 85079080 excludes parts of lead-acid storage batteries. Lead-acid batteries are commonly used in vehicles, uninterruptible power supplies (UPS), and other applications. However, this HS Code encompasses parts for other types of storage batteries, such as lithium-ion batteries, nickel-cadmium batteries, and more.
When it comes to international trade, tariffs play a significant role. Tariffs are taxes imposed on imported goods, and they can vary depending on the product and country. The bound or Most Favored Nation (MFN) duty rate for HS Code 85079080 is 3.4%. The MFN duty rate ensures that when 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 promotes fair and equal trade among nations.
It is important to note that certain special tariff preference programs can exempt goods from paying duties. In the case of HS Code 85079080, several countries offer duty-free treatment under specific trade agreements. These countries include:
These special tariff preference programs aim to promote trade and foster economic relationships between countries by removing or reducing import duties.
When it comes to importing goods under HS Code 85079080 into the United States, the data shows that the states of Washington and Nevada are the main destinations. These states have a demand for parts of storage batteries, including separators, for various applications ranging from consumer electronics to renewable energy systems.
While the exporting US states are not specified in the provided data, it is safe to assume that these parts are sourced from various countries around the world. Different countries excel in the production of storage battery parts, and their export destinations can vary based on factors such as quality, cost-effectiveness, and trade relationships.
HS Code 85079080 covers parts of storage batteries, excluding parts of lead-acid storage batteries. This HS Code plays a crucial role in classifying and regulating the international trade of these components. The bound duty rate of 3.4% ensures a fair and level playing field for all trading partners, while certain countries offer duty-free treatment under special tariff preference programs. As the demand for batteries and energy storage systems continues to grow, understanding and complying with the regulations surrounding HS Code 85079080 becomes increasingly important for businesses engaged in the global trade of battery components.