The HS Code 02101200 refers to a specific product category: bellies (streaky) and cuts thereof of swine, salted, in brine, dried or smoked. This code is used to classify and identify this particular product for international trade purposes. Understanding the HS code is crucial for importers and exporters as it helps in determining the applicable customs duties and regulations.
The product description provides further details about the specific characteristics of the product. In this case, it specifies that the product is made from swine bellies and cuts. The product can be prepared through salting, brining, drying, or smoking processes. These details are important for both traders and consumers to understand the nature of the product.
The bound/MFN duty rate associated with HS Code 02101200 is 1.4 cents per kilogram (KG). The bound duty rate represents the maximum tariff rate that a country can impose on the imported goods. However, most countries apply the Most Favored Nation (MFN) duty rate, which is the standard tariff rate applied to all trading partners. It is important to note that duty rates can change based on trade agreements and negotiations.
Quantity unit for this HS code is kilograms (KG). This unit of measurement is used to quantify the weight of the product being imported or exported. It is essential for accurate documentation and calculation of customs duties.
Special tariff preference programs may apply to products classified under HS Code 02101200. These programs provide certain countries with preferential treatment in terms of reduced or eliminated tariffs. The countries mentioned in the data include Australia (A), Bahrain (BH), Canada (CA), Chile (CL), European Union (E), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico (MX), Oman (OM), Peru (P), Singapore (SG), among others. These trade agreements aim to promote economic cooperation and reduce trade barriers between countries.
When it comes to importing this product into the United States, the data specifies that South Dakota is the importing state. However, the exporting states are listed as Iowa, Kansas, Missouri, Nebraska, North Carolina, Oklahoma, and South Dakota. This information is relevant for businesses and traders who need to know the origin and destination of the product.
HS Code 02101200 represents bellies (streaky) and cuts thereof of swine, salted, in brine, dried or smoked. This code is used to classify and identify the product for international trade purposes. Understanding the HS code is essential for importers and exporters to comply with customs regulations and determine the applicable tariffs. The associated duty rate, special tariff preference programs, and importing/exporting states provide additional information for businesses involved in the trade of this product.