HS Code 89039100 refers to vessels, specifically sailboats, that are designed for pleasure or sports purposes. These vessels can be equipped with or without an auxiliary motor. Sailboats are a popular choice among individuals who enjoy recreational sailing or participating in sailboat racing events.
When it comes to international trade, countries often impose duties on imported goods. The bound or MFN (Most Favored Nation) duty rate for sailboats under HS Code 89039100 is 1.5%. This means that every time a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners.
The quantity unit for sailboats under this HS code is measured in numbers (NO). This unit indicates the number of sailboats being imported or exported.
There are several special tariff preference programs in place for sailboats under HS Code 89039100. These programs allow for duty-free treatment or special rates for certain trading partners. Here are some of the programs and the countries that benefit from them:
When it comes to the United States, Florida is both a major importer and exporter of sailboats under HS Code 89039100. The state of Rhode Island and the Virgin Islands are also involved in the export of these vessels. These regions have favorable conditions for sailing and are popular destinations for recreational boating activities.
HS Code 89039100 covers sailboats designed for pleasure or sports purposes. It includes vessels with or without an auxiliary motor. There are various tariff preference programs in place, allowing for duty-free treatment or special rates for sailboats imported from specific countries. Florida, Rhode Island, and the Virgin Islands are prominent states involved in the import and export of sailboats under this HS code.