The HS Code 76130000 refers to aluminum containers specifically designed for holding compressed or liquefied gas. These containers play a crucial role in industries that require the storage and transportation of gases in a safe and efficient manner.
When it comes to international trade, the HS Code is used to classify and categorize different products. It helps customs officials and traders to identify the nature of goods being imported or exported. In the case of HS Code 76130000, it ensures that aluminum containers for compressed or liquefied gas are properly classified for customs purposes.
The bound or MFN (Most Favored Nation) duty rate for this HS Code is 5%. 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. This duty rate ensures fair trade practices and equal treatment for all countries involved.
The quantity unit for HS Code 76130000 is measured in numbers (NO). This unit indicates the number of containers being imported or exported, providing a standardized way to quantify the goods being traded.
There are also special tariff preference programs associated with this HS Code. These programs provide certain countries with preferential treatment in terms of duty rates. For HS Code 76130000, the following countries enjoy special tariff preferences:
When it comes to importing, the data shows that the states of Maryland and the District of Columbia are the main importers of aluminum containers for compressed or liquefied gas. On the other hand, the exporting states include Alabama, Colorado, Iowa, Kansas, New York, West Virginia, and the Virgin Islands.
HS Code 76130000 plays a significant role in international trade by ensuring proper classification and regulation of aluminum containers for compressed or liquefied gas. This code helps facilitate trade between countries and ensures fair treatment for all trading partners. It also highlights the importance of special tariff preference programs, which promote economic cooperation and trade facilitation among participating countries.