The HS Code 90279045 refers to printed circuit assemblies for instruments and apparatus falling under subheading 9027.80. This code is used to classify and identify these specific products for import and export purposes. Understanding the HS code is essential for international trade as it facilitates customs procedures, tariff calculations, and statistical tracking of goods.
Printed circuit assemblies play a crucial role in various instruments and apparatus used in different industries. These assemblies consist of interconnected electronic components mounted on a printed circuit board (PCB). They provide the necessary electrical connections and functionality, making them essential for the proper functioning of instruments and apparatus.
When importing or exporting printed circuit assemblies, it is important to consider the associated duties and tariff rates. The bound or MFN (Most Favored Nation) duty rate for HS Code 90279045 is free. This means that there are no duties imposed on these products when traded between countries. The principle of MFN ensures that any trade barrier reduction or market opening must be applied to all trading partners equally.
Additionally, there are special tariff preference programs that offer duty-free treatment for HS Code 90279045. These programs include the Generalized System of Preferences (GSP), which grants duty-free treatment to eligible countries. Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic-Central America (under DR-CAFTA), Peru, and Singapore are among the countries that enjoy special tariff rates for this product.
When examining the import data for HS Code 90279045 in the United States, the states that have reported imports of these printed circuit assemblies are Oregon, New Hampshire, Delaware, and the District of Columbia. These states play a significant role in the trade of these products, indicating their importance in various industries and applications.
On the other hand, the exporting states in the United States for HS Code 90279045 include Idaho, Oregon, Hawaii, Delaware, Massachusetts, and Vermont. These states contribute to the global supply chain by manufacturing and exporting these printed circuit assemblies to meet the demand of international markets.
Understanding the HS Code 90279045 and its associated data allows for better analysis and tracking of the trade of printed circuit assemblies for instruments and apparatus. It provides valuable insights into the import and export patterns, helping businesses and policymakers make informed decisions and strategies.