The HS Code 90269020 refers to parts and accessories of electrical instruments and apparatus used for measuring or checking variables of liquids or gases. These components play a crucial role in ensuring the accurate measurement and monitoring of various parameters in industrial, scientific, and medical applications.
When it comes to international trade, it is important to understand the duty rates and tariff preference programs associated with the HS Code 90269020. The bound or Most Favored Nation (MFN) duty rate is free. This means that whenever 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 promotes fair and equal treatment in international trade.
The quantity unit for HS Code 90269020 is stated as "no units collected (X)." This indicates that there is no specific unit of measurement associated with the quantity of parts and accessories imported or exported under this HS Code. The absence of a specific quantity unit suggests that the quantity may vary based on the specific components being traded.
There are several special tariff preference programs associated with HS Code 90269020. These programs allow for duty-free treatment or special rates for certain countries. The countries included in these programs are:
These tariff preference programs aim to promote trade and economic cooperation between the countries involved, by reducing or eliminating import duties on goods classified under HS Code 90269020.
Looking at the import and export data, the top importing US states for HS Code 90269020 are the District of Columbia, West Virginia, and Delaware. These states have a high demand for parts and accessories for electrical instruments and apparatus used in measuring or checking variables of liquids or gases.
On the other hand, the top exporting US states for HS Code 90269020 are South Carolina, West Virginia, and Colorado. These states are known for their manufacturing capabilities and expertise in producing and supplying these specialized components to meet the global demand.
HS Code 90269020 represents parts and accessories of electrical instruments and apparatus used for measuring or checking variables of liquids or gases. Understanding the duty rates, tariff preference programs, and import-export trends associated with this HS Code is essential for businesses and individuals involved in international trade in these specialized components.