The HS Code 84801000 refers to molding boxes specifically designed for metal foundries. These boxes play a crucial role in the casting process of various metal products, ensuring accuracy and precision in the final outcome.
The bound / MFN duty rate for this HS code is 3.8%. 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. This rate ensures fair and equal treatment for all countries involved in trade.
The quantity unit for this HS code is measured in numbers (NO). This indicates that the quantity of molding boxes imported or exported is measured individually rather than by weight or volume.
There are several special tariff preference programs associated with HS Code 84801000. These programs allow certain countries to enjoy preferential treatment or duty-free access when trading these molding boxes. The countries eligible for these programs include:
When it comes to importing, the United States receives HS Code 84801000 molding boxes from various states. Some of the states that import these boxes include North Carolina, Oklahoma, Alabama, Alaska, Iowa, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Missouri, New Mexico, South Carolina, Tennessee, Texas, and Vermont.
On the other hand, the United States exports HS Code 84801000 molding boxes to states such as Arizona, Arkansas, Colorado, Connecticut, Illinois, Nevada, New Mexico, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, Texas, Vermont, Wisconsin, and Mississippi.
These molding boxes for metal foundries are essential in shaping and creating metal products. They provide the necessary structure and support during the casting process, ensuring that the final product meets the desired specifications. The HS Code 84801000 allows for easy identification and classification of these molding boxes in international trade, facilitating smooth and efficient customs procedures.
Overall, HS Code 84801000 plays a vital role in the global trade of molding boxes for metal foundries, ensuring fair trade practices and promoting the growth of the metalworking industry worldwide.