The HS Code 02044220 refers to cuts of lamb meat with bone in that are frozen. This code is used to classify and identify this specific product for trade and import/export purposes. Understanding the HS code is essential for proper documentation and compliance with international trade regulations.
The product description clearly states that it is cuts of lamb meat with bone in, which means that the meat includes the bone. This information is crucial for buyers and sellers to know the exact nature of the product being traded.
The quantity unit for this product is kilograms (KG). This provides a standardized measurement for trade transactions, ensuring accuracy and consistency in the documentation and pricing of goods.
When it comes to the duty rate, the bound/MFN (Most Favored Nation) duty rate for this product is 0.7 cents per kilogram. The MFN duty rate is the rate that a country applies to imports from all its trading partners, regardless of any preferential trade agreements. It is important to note that this rate may be subject to change depending on trade agreements and negotiations between countries.
Furthermore, there are special tariff preference programs that may apply to imports of this product. These programs offer preferential treatment in terms of duty rates. Some of the countries eligible for these preferential programs include Australia (A+), Austria (AU), Bahrain (BH), Canada (CA), Chile (CL), Germany (D), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico (MX), Oman (OM), Peru (P), Singapore (SG), and many more.
For specific details on the special tariff preference programs, it is advisable to consult the relevant trade agreements and regulations for each country. These programs can provide significant cost advantages for importers from eligible countries.
Moving on to the geographical scope of the trade, the data shows that the importing US state for this product is South Dakota. This information can be useful for businesses looking to target specific markets or identify potential trade partners in a particular state within the United States.
On the other hand, the exporting US states for this product include Iowa, Kansas, Missouri, Nebraska, North Carolina, Oklahoma, and South Dakota. These states are known for their production and export of lamb meat products. Understanding the exporting states can help importers identify potential suppliers and establish trade relationships.
the HS Code 02044220 represents cuts of lamb meat with bone in, frozen. This code is essential for proper classification, documentation, and compliance with international trade regulations. The specific details provided, such as the duty rate, quantity unit, special tariff preference programs, and the importing/exporting US states, offer valuable information for businesses involved in the trade of this product.