The Harmonized System (HS) is an internationally recognized system for classifying traded goods. Each product is assigned a specific code known as the HS code. In this article, we will explore HS Code 02022006, which represents bovine meat cuts with bone in. Let's delve into the details of this code and understand its implications in international trade.
HS Code 02022006 refers to bovine meat cuts that still have the bone intact. This code specifically applies to frozen bovine meat cuts that have not undergone any processing. In the Harmonized Tariff Schedule (HTS), these meat cuts are described in general note 15. It is important to note that the code only applies to frozen meat, not fresh or chilled products.
The bound or Most Favored Nation (MFN) duty rate for HS Code 02022006 is 4.4 cents per kilogram (kg). The MFN duty rate is the standard rate applied to imports unless a country has a preferential trade agreement or special tariff program in place. It's worth noting that the duty rate can vary depending on the country and any special arrangements that may exist.
Under the principle of reciprocity, 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. This ensures fairness and equal treatment in international trade.
The unit of measurement for HS Code 02022006 is kilograms (kg). This means that the quantity of bovine meat cuts with bone in, traded under this code, is measured in kilograms.
Several special tariff preference programs provide certain countries or products with preferential treatment for imports. In the case of HS Code 02022006, the following special tariff preference programs apply:
These special tariff preference programs aim to facilitate trade and provide economic benefits to eligible countries or regions.
HS Code 02022006 is imported into the following US states:
These states have a demand for bovine meat cuts with bone in, and importers in these regions engage in trade activities related to this product.
The bovine meat cuts with bone in, represented by HS Code 02022006, are exported from the following US states:
These states are major exporters of bovine meat cuts with bone in, contributing to the international trade of this product.
HS Code 02022006 represents frozen bovine meat cuts with bone in. Understanding the details of this code, including its product description, duty rate, special tariff programs, and trade patterns, is essential for importers, exporters, and stakeholders involved in the international trade of bovine meat cuts.
More on HS code 02022006