The HS Code 95071000 corresponds to fishing rods and parts, as well as accessories for fishing rods. This code is used to classify and identify these specific products for international trade purposes.
Fishing rods are essential tools for anglers and are used for catching fish in various bodies of water. They come in different sizes, materials, and designs to cater to different fishing techniques and preferences. Fishing rod parts and accessories, on the other hand, include items such as reels, lines, hooks, lures, and other attachments that enhance the fishing experience.
When it comes to international trade, the HS Code plays a crucial role in ensuring smooth and accurate classification of goods. The HS Code system was developed by the World Customs Organization (WCO) and is used by customs authorities worldwide. It helps in standardizing the classification of products and facilitates international trade negotiations and agreements.
The bound or most-favored nation (MFN) duty rate for fishing rods and their parts and accessories is 6%. This means that whenever 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 6% duty rate applies to all imports of fishing rods and their components, regardless of the country of origin.
The quantity unit for this HS Code is not available (NA). This means that the specific unit of measurement for the quantity of fishing rods or their parts and accessories is not specified in the data provided.
There are also special tariff preference programs for imports of fishing rods and their parts and accessories. These programs provide preferential treatment in terms of duty rates for specific countries. The following countries or regions have special tariff preferences for HS Code 95071000:
These countries or regions have specific agreements or programs in place that allow for duty-free treatment of fishing rods and their parts and accessories from eligible countries. For example, imports from least-developed beneficiary developing countries under this subheading are eligible for duty-free treatment. Additionally, specific countries like Canada, Mexico, and Peru have separate agreements under NAFTA or ATPA that provide duty-free treatment for fishing rods and related products.
Importing and exporting US states may vary for HS Code 95071000. The data provided does not specify the specific states involved in the import or export of fishing rods and their parts and accessories. However, it is important to note that the United States is a significant player in the global fishing industry, both as an importer and exporter of fishing equipment.
the HS Code 95071000 represents fishing rods and parts, as well as accessories thereof, for international trade purposes. This code helps in the classification and identification of these products, ensuring accurate customs procedures and facilitating trade agreements. The 6% bound or MFN duty rate applies to all imports of fishing rods and related products, and there are special tariff preference programs in place for specific countries or regions. Understanding the HS Code and its associated information is crucial for businesses and individuals involved in the fishing industry and international trade.