The HS Code 87085091 refers to parts and accessories of motor vehicles that fall under the categories 8701, 8702, and 8704-8705, specifically non-driving axles. This code is used in international trade to classify and track these specific products.
When it comes to trade barriers and market openings, countries are required to lower tariffs or remove trade barriers for the same goods or services from all their trading partners. The bound and most-favored-nation (MFN) duty rate for this HS code is 2.5%, which means that countries must apply this duty rate uniformly for all imports of these parts and accessories.
The quantity unit for this HS code is "number" (NO), indicating that the quantity is measured in the number of parts or accessories imported or exported.
There are several special tariff preference programs associated with this HS code. These programs offer duty-free treatment for certain countries. The countries included in these programs are:
When it comes to importing, the following US states have been found to import products classified under HS Code 87085091:
On the other hand, the following US states have been found to export products classified under HS Code 87085091:
These states play a significant role in the trade of these parts and accessories of motor vehicles.
HS Code 87085091 is used to classify and track parts and accessories of motor vehicles, specifically non-driving axles. It is important for countries to adhere to the bound and most-favored-nation duty rate of 2.5% for these imports. The code is associated with various special tariff preference programs that offer duty-free treatment for certain countries. Additionally, the import and export of these products are prominent in states such as Alabama, Michigan, Arkansas, Mississippi, Ohio, South Carolina, and North Carolina.