When it comes to the global trade of air or gas pumps, compressors, and fans, HS Code 84148090 plays a significant role. This HS code categorizes these products and provides important information for importers and exporters. In this article, we will delve into the details of HS Code 84148090 and explore its implications in international trade.
HS Code 84148090 represents air or gas pumps, compressors, and fans not elsewhere specified or included (NESI). This code is used to classify and identify these specific types of machinery for trade purposes. It covers a wide range of products that are crucial in various industries, including manufacturing, construction, and transportation.
The bound or most-favored-nation (MFN) duty rate for HS Code 84148090 is 3.7%. This means that whenever a country reduces trade barriers or opens up its market, it must apply the same duty rate to similar goods or services from all its trading partners. The duty rate is an important factor to consider for importers and exporters, as it affects the cost of trade.
The quantity unit for HS Code 84148090 is a number (NO). This unit indicates that the quantity is measured in numeric terms, such as the total number of units or items being traded.
Several special tariff preference programs apply to HS Code 84148090, providing certain countries with preferential treatment. These programs allow for duty-free importation of the specified goods. Some of the programs applicable to this HS code include:
These special tariff preference programs provide countries with certain advantages in terms of trade, making it beneficial for importers and exporters to explore opportunities with countries participating in these programs.
HS Code 84148090 has been imported into various US states. The following states have recorded imports of products falling under this HS code:
These states have recognized the importance of air or gas pumps, compressors, and fans for their respective industries and have actively engaged in trade activities related to these products.
HS Code 84148090 has also been exported from the United States. The following states have recorded exports of products falling under this HS code:
These states have contributed to the global market by exporting air or gas pumps, compressors, and fans to meet the demands of various industries around the world.
HS Code 84148090 plays a crucial role in the international trade of air or gas pumps, compressors, and fans. Importers and exporters must be aware of the product description, duty rates, special tariff preference programs, and the states involved in the trade of these products. Understanding the implications of this HS code can help businesses make informed decisions and seize opportunities in the global market.