Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 90292040: Speedometers and Tachometers

Speedometers and tachometers are essential instruments used in various industries to measure and monitor the speed and rotation of machinery and vehicles. The HS Code 90292040 specifically refers to speedometers and tachometers, excluding bicycle speedometers. This code provides a standardized classification for these instruments in international trade, facilitating the smooth flow of goods across borders.

When it comes to international trade, countries often impose tariffs or trade barriers to protect domestic industries or regulate imports. However, the Bound / MFN (Most Favored Nation) duty rate for HS Code 90292040 is free. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This encourages fair and equal treatment for all countries involved in trade.

The quantity unit for HS Code 90292040 is the number (NO). This unit is used to measure the quantity of speedometers and tachometers being imported or exported.

Several special tariff preference programs also apply to HS Code 90292040. These programs provide additional benefits or exemptions from duty rates for specific countries. For products falling under HS Code 90292040, the following special tariff preference programs are available:

• Generalized System of Preferences (GSP) - Provides duty-free treatment
• Australia Special Rate - Provides a special rate for Australia
• Bahrain Special Rate - Provides a special rate for Bahrain
• NAFTA for Canada - Provides duty-free treatment for Canada
• Chile Special Rate - Provides a special rate for Chile
• Caribbean Basin Initiative (CBI) - Provides duty-free treatment
• Israel Special Rate - Provides duty-free treatment for Israel
• Andean Trade Preference Act (ATPA) - Provides a special rate
• Jordan Special Rate - Provides a special rate for Jordan
• Morocco Special Rate - Provides a special rate for Morocco
• NAFTA for Mexico - Provides duty-free treatment for Mexico
• Oman Special Rate - Provides a special rate for Oman
• Dominican Republic-Central American Special Rate (DR-CAFTA) - Provides a special rate
• Peru Special Rate - Provides a special rate for Peru
• Singapore Special Rate - Provides a special rate for Singapore

When it comes to importing HS Code 90292040 into the United States, the data shows that Oregon is the primary state involved in the importation. This indicates that Oregon has a significant demand for speedometers and tachometers, excluding bicycle speedometers. On the other hand, the data suggests that Idaho and Hawaii are the main exporting states for these instruments.

HS Code 90292040 encompasses speedometers and tachometers, excluding bicycle speedometers. This code plays a crucial role in facilitating international trade by providing a standardized classification for these instruments. The Bound / MFN duty rate for this code is free, and several special tariff preference programs offer additional benefits or exemptions. The data highlights the importation of these instruments into Oregon, while Idaho and Hawaii are the primary exporting states.