The HS Code 90019090 refers to optical elements that are not elsewhere specified or included and are unmounted. These optical elements are used in various applications such as telescopes, microscopes, cameras, and other optical devices.
When importing or exporting products with this HS code, it is essential to understand the associated duty rates and special tariff preference programs. The bound / MFN duty rate for this product is 2.9%. This means that 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.
The quantity unit for this HS code is not collected (X), indicating that the specific unit of measurement may vary depending on the optical element being imported or exported.
Several special tariff preference programs are available for products classified under HS Code 90019090. These programs offer duty-free treatment and facilitate trade relations between countries. The countries eligible for these programs include:
When importing optical elements classified under HS Code 90019090, certain US states are more actively engaged in the trade of these products. The states that frequently import this product are Rhode Island and Georgia. On the other hand, the exporting US states for these optical elements include New Hampshire, Vermont, and Minnesota.
Understanding the HS Code 90019090 and its associated details is crucial for importers, exporters, and traders involved in the optical industry. By considering the duty rates and special tariff preference programs, businesses can make informed decisions and maximize their trade opportunities.