The HS Code 87087005 refers to parts and accessories of tractors that are suitable for agricultural use and specifically pertains to road wheels. This code is used for international trade purposes to classify and categorize goods in order to facilitate customs procedures and ensure uniformity in trade regulations.
When it comes to trade barriers and market access, the HS Code 87087005 plays a significant role. According to the World Trade Organization (WTO), 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. This means that if a country reduces tariffs or other trade restrictions for parts and accessories of tractors suitable for agricultural use, road wheels (HS Code 87087005), it must apply the same treatment to all its trading partners.
The quantity unit for HS Code 87087005 is measured in numbers (NO). This indicates that the quantity of parts and accessories of tractors suitable for agricultural use, road wheels is counted in individual units.
There are several special tariff preference programs that may apply to the import of goods under HS Code 87087005. These programs offer reduced or zero tariff rates for eligible products, providing benefits to importers. However, it is important to note that the availability of these programs may vary depending on the country and specific trade agreements in place.
For importers in the United States, the following states have been identified as importers of parts and accessories of tractors suitable for agricultural use, road wheels (HS Code 87087005):
These states have shown a consistent demand for these products, indicating a potential market for exporters. Understanding the market dynamics and preferences of these states can be beneficial for exporters looking to expand their business in the United States.
the HS Code 87087005 is used to classify parts and accessories of tractors suitable for agricultural use, specifically road wheels. This code is important for trade regulations and ensures that countries provide equal treatment to all their trading partners. Importers and exporters should be aware of the special tariff preference programs and the potential market opportunities in specific states, such as Alabama and Michigan, when dealing with products under this HS Code.