The HS Code 87163100 refers to tanker trailers and tanker semi-trailers that are not mechanically propelled and are specifically designed for the transportation of goods. This HS code is used to classify these types of trailers in international trade, making it easier for customs authorities and traders to identify and categorize these products. Let's explore more about this HS code and its implications.
Tanker trailers and tanker semi-trailers falling under HS Code 87163100 are designed to transport goods, typically liquids or gases, in bulk quantities. These trailers are not equipped with their own propulsion system and require a separate towing vehicle to move them. They are commonly used in industries such as oil and gas, chemicals, and food and beverage.
The bound duty rate for products classified under HS Code 87163100 is free. This means that countries must apply a zero or no-duty rate when importing or exporting these tanker trailers and tanker semi-trailers. The bound duty rate ensures that trade barriers are lowered, promoting fair and equal trade among countries.
Several countries have special tariff preference programs that provide additional benefits or exemptions for importing or exporting products under HS Code 87163100. These programs include:
When it comes to importing tanker trailers and tanker semi-trailers classified under HS Code 87163100, the following US states are major importers:
On the other hand, the following US states are major exporters of tanker trailers and tanker semi-trailers classified under HS Code 87163100:
Understanding HS Code 87163100 is crucial for importers, exporters, and customs authorities involved in the trade of tanker trailers and tanker semi-trailers. It allows for easy classification, tariff determination, and compliance with trade regulations. By knowing the importing and exporting US states, businesses can identify potential trading partners and target markets for their products.