Live swine weighing 50 kg or more fall under HS Code 01039200. This HS code is used to classify and identify this specific product for international trade purposes. It is important to understand the details and implications of this HS code for both importers and exporters.
The product description for HS Code 01039200 is "Live swine, other than purebred breeding swine, weighing 50 kg or more." This means that the code specifically applies to live pigs that are not used for breeding purposes and weigh 50 kg or more. It provides a clear definition for customs authorities and traders to identify the product accurately.
The bound / MFN (Most Favored Nation) duty rate for HS Code 01039200 is free. This means that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. Therefore, importing live swine weighing 50 kg or more under this HS code is exempt from import duties in most cases.
The quantity unit for HS Code 01039200 is "number" (NO). This indicates that the product is measured and traded based on the number of live swine weighing 50 kg or more, rather than weight or volume.
HS Code 01039200 is eligible for various special tariff preference programs. These programs provide specific benefits and preferential treatment for imports from certain countries. The special tariff preference programs applicable to this HS code are as follows:
These special tariff preference programs may vary in eligibility and specific details. Importers and exporters should carefully review the requirements and conditions of these programs to determine the applicable benefits for their trade transactions.
HS Code 01039200 is imported by the following US states:
If you are an importer or exporter based in these states and dealing with live swine weighing 50 kg or more, this HS code is relevant to your trade activities.
The exporting US states for HS Code 01039200 are not specified in the provided data. However, it is essential to consider the potential exporting states when engaging in international trade of live swine weighing 50 kg or more.
HS Code 01039200 plays a crucial role in the classification, identification, and regulation of live swine weighing 50 kg or more for international trade. Understanding the details, including the product description, duty rates, special tariff preference programs, and relevant states, is essential for importers and exporters to ensure compliance and leverage potential benefits.