The HS Code 87081030 refers to parts and accessories specifically designed for motor vehicles falling under headings 8701 to 8705. In this case, the code specifically pertains to bumpers. This article will provide an extensive overview of the HS Code 87081030, including its description, duty rates, special tariff preference programs, and the importing and exporting US states.
Bumpers are an integral part of motor vehicles, serving to protect the vehicle and its occupants in case of collision or impact. The HS Code 87081030 specifically covers bumpers designed for motor vehicles falling under headings 8701 to 8705. These headings encompass various types of motor vehicles, including cars, trucks, and motorcycles.
The bound or most-favored-nation (MFN) duty rate for HS Code 87081030 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 duty rate of 2.5% applies to the import of bumpers under the specified HS Code.
HS Code 87081030 is eligible for various special tariff preference programs, providing duty-free treatment for importers. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods, including bumpers under HS Code 87081030.
The following US states are involved in the import of bumpers under HS Code 87081030:
These states are actively engaged in importing bumpers for motor vehicles, contributing to the overall demand for products falling under HS Code 87081030.
On the other hand, the following US states are involved in the export of bumpers under HS Code 87081030:
These states actively participate in exporting bumpers to fulfill the demand in both domestic and international markets. Their involvement in the export of bumpers contributes to the overall trade of goods falling under HS Code 87081030.
HS Code 87081030 covers parts and accessories, specifically bumpers, for motor vehicles falling under headings 8701 to 8705. The duty rate for this code is 2.5%, and there are various special tariff preference programs that provide duty-free treatment. Importing US states include Alabama, Michigan, Arkansas, Mississippi, Ohio, South Carolina, Indiana, Kentucky, Pennsylvania, Illinois, Iowa, North Dakota, Tennessee, and West Virginia. Exporting US states include Michigan, North Carolina, Illinois, Indiana, Ohio, South Carolina, Kentucky, South Dakota, West Virginia, and Wyoming.