Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 87043200: Motor Vehicles for Transport of Goods

Mtr. vehicles for transport of goods, w/spark.-ign. int. combust. recip. piston engine, w/G.V.W. over 5 metric tons

The HS Code 87043200 refers to motor vehicles specifically designed for the transport of goods. These vehicles are equipped with spark-ignition internal combustion reciprocating piston engines and have a gross vehicle weight (G.V.W.) of over 5 metric tons.

When it comes to international trade, countries often impose tariffs or duties on imported goods. The bound or most-favored-nation (MFN) duty rate for HS Code 87043200 is 25%. 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.

The quantity unit for HS Code 87043200 is number (NO), indicating that the unit of measurement is the number of motor vehicles being imported or exported.

There are several special tariff preference programs associated with HS Code 87043200. These programs offer reduced or duty-free rates for certain countries. The following are the special tariff preference programs applicable to this HS Code:

• Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
• Australia Special Rate: Automotive Products Trade Act (APTA) grants duty-free treatment for imports from Australia.
• Bahrain Special Rate: Imports from Bahrain receive duty-free treatment.
• NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), imports from Canada receive duty-free treatment.
• Chile Special Rate: Imports from Chile receive duty-free treatment.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible African countries receive duty-free treatment.
• Caribbean Basin Initiative (CBI): Imports from eligible Caribbean countries receive duty-free treatment.
• Israel Special Rate: Imports from Israel receive duty-free treatment.
• Andean Trade Preference Act (ATPA): Imports from eligible Andean countries receive duty-free treatment.
• Jordan Special Rate: Imports from Jordan receive duty-free treatment.
• Morocco Special Rate: Imports from Morocco receive duty-free treatment.
• NAFTA for Mexico: Under the North American Free Trade Agreement (NAFTA), imports from Mexico receive duty-free treatment.
• Oman Special Rate: Imports from Oman receive duty-free treatment.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from eligible countries under the DR-CAFTA receive duty-free treatment.
• Peru Special Rate: Imports from Peru receive duty-free treatment.
• Singapore Special Rate: Imports from Singapore receive a duty rate of 7.5%.

When importing HS Code 87043200 to the United States, the following states are involved in exporting:

• District of Columbia
• Iowa
• Minnesota
• South Dakota
• District of Columbia
• Kentucky

HS Code 87043200 plays a significant role in regulating the import and export of motor vehicles designed for the transport of goods. Understanding the HS code and associated tariff preference programs can help businesses navigate international trade and potentially benefit from reduced or duty-free rates.