Tungsten wire, classified under HS Code 81019600, is a versatile and widely used product in various industries. This article will provide an in-depth understanding of the HS Code 81019600, its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
Tungsten wire is a thin, flexible wire made from tungsten, a rare and dense metal. It has high melting and boiling points, excellent electrical conductivity, and is highly resistant to corrosion. Tungsten wire is known for its strength and durability, making it suitable for various applications in industries such as electronics, lighting, automotive, and aerospace.
The HS Code 81019600 is an international standard for classifying traded products. It specifically refers to tungsten wire. This code is used by customs authorities to identify and track shipments of tungsten wire across borders. It ensures uniformity and consistency in trade documentation and facilitates international trade.
By using the HS Code 81019600, countries can classify and regulate the import and export of tungsten wire. It helps in determining the applicable duty rates, trade policies, and special tariff preference programs for this specific product.
The bound / MFN (Most Favored Nation) duty rate for HS Code 81019600 is 4.4%. The MFN principle states that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This duty rate applies uniformly to all countries unless specific preferential trade agreements or programs are in place.
It is important for importers and exporters of tungsten wire to be aware of the bound / MFN duty rate as it influences the cost of trade and competitiveness in the market.
The quantity unit for HS Code 81019600 is kilograms (KG). This unit of measurement helps in accurately quantifying the weight of tungsten wire being imported or exported. It ensures transparency and consistency in trade transactions and facilitates efficient logistics and supply chain management.
Tungsten wire, classified under HS Code 81019600, is eligible for several special tariff preference programs. These programs provide importers with certain benefits, such as duty-free treatment or reduced duty rates, based on specific trade agreements or regional preferences. The following programs apply to tungsten wire:
Importers should take advantage of these special tariff preference programs to reduce costs and improve competitiveness in the market.
The United States imports tungsten wire classified under HS Code 81019600 from various countries. Some of the major importing US states for tungsten wire are:
These states have a significant demand for tungsten wire and play a crucial role in the importation and distribution of this product within the United States.
The United States also exports tungsten wire classified under HS Code 81019600 to various countries. Some of the major exporting US states for tungsten wire are:
These states have a strong manufacturing base and export tungsten wire to meet the global demand. Their expertise in tungsten wire production contributes to the competitiveness of the United States in the international market.
the HS Code 81019600 represents tungsten wire, a versatile and valuable product used in various industries. Importers and exporters should be familiar with the duty rates, special tariff preference programs, and importing/exporting US states associated with this HS Code. By understanding the intricacies of HS Code 81019600, stakeholders can navigate international trade more effectively and capitalize on the benefits provided by trade agreements and programs.