Albacore or longfinned tunas, frozen, excluding fillets, other meat portions, livers, and roes, fall under HS code 03034100. This code is used to classify and identify this particular product for international trade purposes. Let's delve deeper into the details of this code and explore the various aspects associated with it.
Product Description: Albacore or longfinned tunas, frozen, excluding fillets, other meat portions, livers, and roes
Albacore or longfinned tunas, known for their mild flavor and firm texture, are highly sought after in the culinary world. The HS code 03034100 specifically refers to frozen albacore or longfinned tunas. It is important to note that this code excludes fillets, other meat portions, livers, and roes of the tunas, which may fall under different codes.
Bound/MFN Duty Rate: Free
Under the World Trade Organization (WTO) rules, countries are required to maintain a most-favored-nation (MFN) principle. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. In the case of HS code 03034100, the bound/MFN duty rate is free. This implies that the importing country does not impose any duties or tariffs on this product.
Quantity Unit: Kilograms (KG)
The standard unit of measurement for HS code 03034100 is kilograms (KG). This unit helps in accurately quantifying the weight of the frozen albacore or longfinned tunas being traded.
Special Tariff Preference Programs: Free
Several countries have established special tariff preference programs to promote trade and economic cooperation. For HS code 03034100, the following countries offer special tariff rates or duty-free treatment:
These special tariff preference programs allow for reduced or eliminated duties on imports of frozen albacore or longfinned tunas from the exporting countries mentioned above. This promotes trade between the countries involved and encourages economic growth.
Importing US States: Alaska
In the United States, the state of Alaska is a major importer of frozen albacore or longfinned tunas classified under HS code 03034100. Alaska, known for its pristine waters and bountiful seafood resources, values the quality and taste of these tunas. The state's geographic proximity to the Pacific Ocean makes it an ideal location for importing and enjoying this delicacy.
HS code 03034100 represents frozen albacore or longfinned tunas, excluding fillets, other meat portions, livers, and roes. This code indicates that the product is duty-free, measured in kilograms, and eligible for special tariff preference programs in various countries. It is important for traders and consumers alike to be aware of these details when engaging in international trade or purchasing frozen albacore or longfinned tunas.