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. The HS Code 85119060 refers to the category of parts nesi (not elsewhere specified or included) of electrical ignition or starting equipment or generators used for spark- or compression-ignition internal-combustion engines.
These parts are crucial components that contribute to the smooth functioning of spark- or compression-ignition internal-combustion engines. They are responsible for ignition or starting processes, ensuring that the engine runs efficiently and effectively.
When importing or exporting goods classified under HS Code 85119060, it is essential to understand the associated duty rates. The bound or most-favored-nation (MFN) duty rate for this HS Code is 2.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for goods classified under HS Code 85119060 is not available (NA). However, it is crucial to consult the relevant documentation or contact the appropriate authorities for accurate information regarding the quantity unit.
Special tariff preference programs can significantly impact the import or export of goods classified under HS Code 85119060. For this particular HS Code, several countries offer special tariff rates:
These special tariff preference programs aim to promote trade and provide incentives for certain countries or regions. Importers or exporters should take advantage of these programs if they qualify, as they can significantly reduce or eliminate the duty rates for goods classified under HS Code 85119060.
When it comes to the importing and exporting of goods classified under HS Code 85119060, certain US states are more involved than others. In terms of importing, Michigan and West Virginia are known to have a significant presence. These states are likely to have industries or businesses that rely on the importation of parts nesi of electrical ignition or starting equipment or generators.
On the other hand, when it comes to exporting goods classified under HS Code 85119060, Michigan takes the lead. This indicates that Michigan may have a robust manufacturing sector or businesses that produce and export these parts to other countries.
understanding the HS Code 85119060 is vital for those involved in international trade. This HS Code refers to parts nesi of electrical ignition or starting equipment or generators used for spark- or compression-ignition internal-combustion engines. It is crucial to be aware of the associated duty rates and special tariff preference programs to make informed decisions. Additionally, the involvement of certain US states, such as Michigan and West Virginia, in importing and exporting goods classified under this HS Code highlights their significance in the trade of these essential parts.