The HS Code 87085089 refers to parts and accessories of motor vehicles. Specifically, it includes parts of drive axles with different characteristics, whether or not they are accompanied by other transmission components. This code is part of the broader category of HS Code 8703, which covers motor vehicles and their parts.
When importing products under this HS code, it is important to consider the bound / MFN duty rate, which is set at 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 this HS code is number (NO), indicating that the products are counted individually rather than measured by weight or volume.
There are several special tariff preference programs that apply to products classified under HS Code 87085089. These programs offer duty-free treatment to eligible countries. The following countries and agreements provide special rates for this HS code:
When it comes to importing, the following US states have been identified as major importers of products under HS Code 87085089:
On the other hand, the major exporting US states for products under this HS code are:
HS Code 87085089 encompasses parts and accessories of motor vehicles, particularly drive axles with different characteristics. Importing these products may be subject to a 2.5% bound / MFN duty rate, but certain countries and trade agreements offer special rates and duty-free treatment. Major US states involved in the import and export of these products include Alabama, Michigan, Arkansas, Mississippi, Ohio, South Carolina, and North Carolina.