The HS Code 87085075 refers to parts and accessories of tractors that are not road tractors or intended for agricultural use. Specifically, it includes parts of drive axles with different characteristics, whether or not they are equipped with other transmissions.
When it comes to trade, it is important to understand the duty rates and tariff preferences associated with a particular HS code. The bound or Most Favored Nation (MFN) duty rate for HS Code 87085075 is free. This means that countries must lower trade barriers or open up their markets for the same goods or services from all their trading partners.
The quantity unit for HS Code 87085075 is measured in numbers (NO), indicating the count or quantity of parts and accessories being imported or exported.
Several special tariff preference programs are available for HS Code 87085075. These programs offer duty-free treatment for certain countries. Here are some of the specific programs:
Importing of HS Code 87085075 can be observed in various states in the United States. These states include Alabama, Michigan, Arkansas, Mississippi, Ohio, South Carolina, and more. These states have been actively involved in the importation of parts and accessories for tractors.
On the other hand, the exporting of HS Code 87085075 is predominantly done by Michigan and North Carolina. These states have shown a significant presence in the export market for tractor parts and accessories.
Understanding the HS Code 87085075 and its associated data is essential for businesses and individuals involved in the import and export of parts and accessories for tractors. By staying informed about duty rates, special tariff preference programs, and the states involved in trade, one can make informed decisions and ensure compliance with trade regulations.