Housed bearings are an essential component in various industries, providing support and enabling smooth rotation for machinery and equipment. They incorporate ball or roller bearings and are classified under HS Code 84832080. In this article, we will delve into the product description, duty rates, special tariff preference programs, and the importing and exporting states related to HS Code 84832080.
HS Code 84832080 refers to housed bearings that include ball or roller bearings, which are used in a wide range of applications. These bearings are designed to be mounted within a housing, providing support and facilitating smooth rotation for shafts or other moving parts. The incorporation of ball or roller bearings enhances the efficiency and durability of the overall machinery or equipment.
The bound / MFN (Most Favored Nation) duty rate for HS Code 84832080 is 4.5%. 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 duty rate is applicable to imports of housed bearings incorporating ball or roller bearings from any country.
The quantity unit for HS Code 84832080 is the number (NO). It indicates that the quantity of housed bearings is measured in individual units. This unit of measurement is commonly used in international trade to accurately determine the quantity of goods being imported or exported.
There are several special tariff preference programs applicable to HS Code 84832080, offering reduced or duty-free rates for specific countries or regions. These programs aim to promote trade and economic development. Below are the special tariff preference programs associated with HS Code 84832080:
These special tariff preference programs aim to facilitate trade and establish favorable economic relationships between countries or regions.
HS Code 84832080 is imported into various states in the United States. The following states are prominent importers of housed bearings incorporating ball or roller bearings:
These states rely on the importation of HS Code 84832080 to meet the demand for machinery and equipment in their respective industries.
In terms of exports, the following US states are major contributors of housed bearings incorporating ball or roller bearings:
These states play a crucial role in supplying housed bearings to domestic and international markets, contributing to the overall trade of HS Code 84832080.
HS Code 84832080 encompasses housed bearings that incorporate ball or roller bearings. This code is associated with a 4.5% bound / MFN duty rate and various special tariff preference programs. Importing states such as Colorado, Florida, Kansas, New Hampshire, and Oklahoma rely on these bearings, while exporting states like New Hampshire, North Carolina, and the Virgin Islands contribute to their distribution. Understanding the details and implications of HS Code 84832080 is essential for businesses involved in the import and export of housed bearings.