HS Code 2616
Official Classification
Precious metal ores and concentrates:
🤖 AI Analysis
HS Code 2616 covers precious metal ores and concentrates, which primarily include raw materials containing precious metals such as gold, silver, platinum, and palladium. These products are essential for various industries, including jewelry manufacturing, electronics, and automotive sectors, where precious metals are used for their conductive and aesthetic properties. The general duty rate for imports under this classification can vary, meaning that importers should carefully assess the applicable tariffs based on their specific products and sourcing locations. Understanding these duty implications is crucial for accurate cost calculations and pricing strategies, as they can significantly impact the overall profitability of importing precious metal ores and concentrates into the United States.
Frequently Asked Questions
How much is the duty for HS Code 2616?
The standard general duty rate for importing goods under HS Code 2616 into the US is 0% based on the current Harmonized Tariff Schedule.
Need Help?
Our import experts can help you classify products and optimize your duty payments.
Contact Expert🚢 Shipping precious metal ores ...?
Container rates fluctuate weekly. Compare SeaRates quotes instantly against DHL, FedEx, and Maersk to save up to 35%.
- ✓ FCL & LCL
- ✓ Air Cargo
- ✓ Door-to-Door