The HS code 85369080 refers to electrical apparatus that is used for switching or making connections to electrical circuits, with a voltage not exceeding 1,000 V. This code is classified under the category of "Electrical apparatus nesi" which stands for "not elsewhere specified or included."
When it comes to trade, each country has its own set of duties and tariffs for imported goods. The bound / MFN (Most Favored Nation) duty rate for HS Code 85369080 is 2.7%. 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. This promotes fairness and equal treatment in international trade.
Unfortunately, the quantity unit for this HS code is not available (NA). This means that the specific unit of measurement for this product is not specified in the data provided.
However, there are special tariff preference programs that offer duty-free treatment for this HS code. These programs include:
These programs provide certain countries or regions with special rates or exemptions from duties for this specific HS code, promoting trade and economic cooperation.
Looking at the data provided, we can see the importing US states for this product. The states include New Hampshire, Arizona, North Dakota, Alabama, Colorado, Illinois, Iowa, Kansas, Kentucky, Michigan, Minnesota, Nevada, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Wisconsin, and Wyoming. These states have imported this electrical apparatus for switching or making connections to electrical circuits.
Similarly, we can also see the exporting US states for this product. These states include New Hampshire, Arizona, Pennsylvania, Puerto Rico, Connecticut, Illinois, North Dakota, Ohio, Oklahoma, Utah, Vermont, Washington, Wisconsin, and Nebraska. These states have exported this electrical apparatus to other countries or regions.
the HS code 85369080 represents electrical apparatus for switching or making connections to electrical circuits. It is important for trade purposes as it helps identify and classify the product for customs and duty calculations. The duty rate, special tariff preference programs, and information about importing and exporting states provide valuable insights into the trade dynamics of this specific product.