DC motors are an essential component of various industries and applications. They are used in a wide range of machinery and equipment, providing mechanical power by converting direct current electrical energy into mechanical energy. HS Code 85013320 specifically refers to DC motors that fall within a specific power output range.
The product description for HS Code 85013320 states that it encompasses DC motors "nesi" (not elsewhere specified or included) with an output exceeding 75 kW but under 149.2 kW. This means that any DC motor with a power output falling within this range is classified under this HS code.
When importing or exporting goods, it is important to understand the applicable customs duties and tariff rates. The bound duty rate for HS Code 85013320 is free. This means that there is no duty imposed on the import or export of DC motors falling within the specified power output range.
It is worth noting that some countries have special tariff preference programs in place. For HS Code 85013320, the following countries offer special rates or duty-free treatment: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, the Dominican Republic and Central American countries (under DR-CAFTA), Peru, and Singapore.
These special tariff preference programs aim to promote trade and economic cooperation between countries. By offering reduced or eliminated duties on specific goods, such programs incentivize trade and facilitate market access for exporters. It is important for businesses to take advantage of these programs when importing or exporting DC motors falling under HS Code 85013320 to eligible countries.
Import data for HS Code 85013320 shows that the state of Missouri is a significant importer of DC motors in this power output range. This information is useful for businesses looking to target their products to specific regions or states within the United States.
When it comes to exporting DC motors falling under HS Code 85013320 from the United States, the specific exporting states are not provided in the available data. However, it is worth noting that the United States is a major exporter of industrial machinery and equipment, including DC motors. These exports contribute to the country's trade balance and support various industries.
HS Code 85013320 encompasses DC motors with an output exceeding 75 kW but under 149.2 kW. The product description, customs duties, and special tariff preference programs associated with this HS code provide valuable information for businesses involved in the import and export of DC motors. Understanding the specific requirements and opportunities related to HS Code 85013320 can help businesses navigate international trade and maximize their market access.