The HS Code 03054920 represents smoked mackerel, including fillets. This code is used internationally to classify and track the import and export of specific products. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states related to this HS code.
The product described by the HS Code 03054920 is smoked mackerel, including fillets. Mackerel is a popular fish known for its distinct flavor and nutritional benefits. Smoking the fish adds a unique and savory taste, making it a sought-after delicacy in many cuisines around the world. The fillets refer to the boneless and skinless portions of the fish, which are commonly preferred for ease of consumption and cooking.
The bound or most-favored-nation (MFN) duty rate for HS Code 03054920 is free. This means that when a country lowers a trade barrier or opens up a market, it must do so for the same smoked mackerel products from all its trading partners. This promotes fair and equal treatment in international trade.
The quantity unit for HS Code 03054920 is kilograms (KG). This measurement unit is used to quantify the weight of the smoked mackerel products being imported or exported. It provides a standardized and internationally recognized measure for trade transactions.
Several special tariff preference programs apply to HS Code 03054920. These programs offer specific benefits and exemptions for imports of smoked mackerel products from certain countries. The following countries and programs provide special rates or duty-free treatment:
These special tariff preference programs aim to promote economic cooperation, development, and trade between countries. Importers and exporters should be aware of the eligibility criteria and documentation requirements for each program to benefit from reduced or duty-free rates.
HS Code 03054920 is relevant for both importing and exporting US states. The specific states involved in the import and export of smoked mackerel, including fillets, may vary depending on market demand, availability, and trade relationships. However, some notable states known for their involvement in the seafood trade include:
Importing US States:
Exporting US States:
These states have coastal regions and thriving fishing industries, making them key players in the import and export of seafood products, including smoked mackerel.
The HS Code 03054920 represents smoked mackerel, including fillets. Understanding this code helps in proper classification, tracking, and regulation of international trade related to this product. Importers and exporters should be aware of the duty rates, quantity unit, special tariff preference programs, and the involvement of specific US states when dealing with smoked mackerel products. By staying informed and complying with trade regulations, businesses can navigate the global market more effectively and take advantage of available benefits and opportunities.