The HS Code 87087015 refers to parts and accessories of tractors suitable for agricultural use, as well as parts and accessories for road wheels. This code is used internationally to classify and identify specific products for customs and trade purposes.
When it comes to trade, countries often impose tariffs or trade barriers on imported goods to protect their domestic industries. However, through the Most Favored Nation (MFN) principle, 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 helps ensure fair and equal treatment in international trade.
The bound or MFN duty rate for HS Code 87087015 is free. This means that there are no tariffs imposed on the import of these parts and accessories, promoting easier trade and access to these products worldwide.
The quantity unit for HS Code 87087015 is measured in "number" (NO). This unit indicates that the quantity is counted by the number of parts or accessories being imported or exported.
There are also special tariff preference programs that can provide additional benefits for importing goods under HS Code 87087015. These programs offer reduced or zero tariffs for eligible countries or regions, encouraging trade and economic cooperation.
Specifically, when importing HS Code 87087015 into the United States, the following states have been noted to be active importers:
These states have shown a demand for the parts and accessories related to tractors suitable for agricultural use and road wheels. It is important for exporters and manufacturers to be aware of these key markets in order to target their products effectively.
HS Code 87087015 represents parts and accessories for tractors suitable for agricultural use and road wheels. The code is used for customs and trade purposes globally. With a bound or MFN duty rate of free, it allows for easier international trade. Understanding the specific markets and preferences, such as the importing states in the United States, can help businesses make informed decisions and maximize their export potential.