The HS Code 87089315 refers to the classification of parts and accessories of tractors that are specifically designed for agricultural use, specifically clutches. This code is used internationally to identify and categorize these products for trade and regulatory purposes.
When it comes to international trade, it is essential to have standardized codes like HS codes to ensure smooth and efficient exchange of goods between countries. The HS code system, also known as the Harmonized System, is a global classification system for products that is recognized by over 200 countries.
The product description associated with HS Code 87089315 indicates that it covers parts and accessories of tractors suitable for agricultural use, specifically clutches. Clutches are essential components of tractors that enable the transmission of power from the engine to the wheels, allowing for control and maneuverability of the vehicle.
The bound/MFN duty rate for HS Code 87089315 is listed as free. This means that there are no import duties imposed on these products when they enter a country. It is important to note that this duty rate is applicable when a country lowers trade barriers or opens up its market, and it must be applied equally to the same goods or services from all trading partners.
In addition to the duty rate, there are special tariff preference programs associated with HS Code 87089315. These programs allow for duty-free treatment of the products under certain conditions. The countries that offer these preferences include Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and several others.
When it comes to importing these products into the United States, the data indicates that they are primarily imported by states such as Utah, Alabama, Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Mississippi, Missouri, North Carolina, Ohio, South Carolina, South Dakota, Tennessee, and West Virginia. These states have a significant demand for tractor parts and accessories, specifically clutches, for agricultural purposes.
On the other hand, the data also shows that the exporting states in the United States for HS Code 87089315 include Delaware, District of Columbia, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Maryland, Michigan, Ohio, Rhode Island, South Carolina, Tennessee, Virginia, and Wisconsin. These states are involved in the export of these tractor parts and accessories to meet the global demand.
HS Code 87089315 represents parts and accessories of tractors suitable for agricultural use, specifically clutches. This code is used for international trade and regulatory purposes and is recognized by over 200 countries. The duty rate associated with this code is free, and there are special tariff preference programs available for certain countries. The United States is both an importer and exporter of these products, with specific states playing a significant role in the trade of HS Code 87089315.