Keyboard musical instruments are a popular choice for musicians and enthusiasts alike. They offer versatility and a wide range of sounds, making them suitable for various genres of music. The HS Code 92071000 specifically refers to keyboard musical instruments (other than accordions) whose sound is produced or must be amplified electrically.
The product covered by HS Code 92071000 includes electric keyboard musical instruments. These instruments rely on electrical amplification to produce or enhance their sound. They are equipped with built-in speakers or can be connected to external amplifiers for performance purposes.
The bound or most-favored-nation (MFN) duty rate for products falling under HS Code 92071000 is 5.4%. 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. The duty rate is applicable to the declared value of the imported goods and is subject to change based on trade agreements and policies.
The quantity unit for HS Code 92071000 is "number" (NO), which indicates the number of keyboard musical instruments being imported or exported.
Several countries have special tariff preference programs that provide favorable treatment for imports of keyboard musical instruments covered by HS Code 92071000:
When it comes to importing keyboard musical instruments under HS Code 92071000, the following US states have recorded imports:
On the other hand, the following US states have reported exports of keyboard musical instruments:
These states actively participate in the trade of keyboard musical instruments, emphasizing their significance in the music industry.