Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 04052020: Butter Substitute Dairy Spreads

When it comes to international trade, every product is assigned a special code known as the Harmonized System (HS) code. These codes are used to classify and categorize goods for customs and statistical purposes. In this article, we will explore the HS code 04052020, which pertains to butter substitute dairy spreads.

Product Description

HS Code 04052020 refers to butter substitute dairy spreads that contain over 45% butterfat weight. These spreads are subject to quota regulations as per chapter 4 additional US note 14. Butter substitutes are products that mimic the taste and texture of butter but are made with alternative ingredients.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 04052020 is 15.4 cents per kilogram (KG). The MFN duty rate is the standard rate applied to imports from all trading partners. It ensures that 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.

Quantity Unit

The quantity unit for HS Code 04052020 is kilograms (KG). This means that the weight of the butter substitute dairy spreads will be measured and calculated in kilograms for import and export purposes.

Special Tariff Preference Programs

Various special tariff preference programs apply to imports of HS Code 04052020. These programs provide specific benefits and exemptions to eligible countries. The following programs offer duty-free treatment for imports of butter substitute dairy spreads:

• A+ (Least-Developed Beneficiary Developing Countries under GSP): Imports from least-developed beneficiary developing countries are eligible for duty-free treatment under this subheading.
• BH (Bahrain Special Rate)
• CA (NAFTA for Canada): Imports from Canada are eligible for duty-free treatment under the North American Free Trade Agreement (NAFTA).
• CL (Chile Special Rate)
• D (Africa Growth and Opportunity Act - AGOA)
• E (Caribbean Basin Initiative - CBI)
• IL (Israel Special Rate)
• J (Andean Trade Preference Act - ATPA)
• JO (Jordan Special Rate)
• MA (Morocco Special Rate)
• OM (Oman Special Rate)
• P (Dominican Republic-Central American Special Rate - DR-CAFTA)
• PE (Peru Special Rate)
• SG (Singapore Special Rate)

These tariff preference programs aim to promote trade and economic development between countries by reducing or eliminating import duties on specific goods.

Importing and Exporting US States

HS Code 04052020 is imported and exported by various US states. The states involved in the trade of butter substitute dairy spreads include:

• Idaho
• New Mexico
• Nevada

These states play a significant role in the import and export of HS Code 04052020, contributing to the international trade of butter substitute dairy spreads.

HS Code 04052020 represents butter substitute dairy spreads with over 45% butterfat weight. It is subject to quota regulations and has a bound / MFN duty rate of 15.4 cents per kilogram. Various special tariff preference programs offer duty-free treatment for imports of this product. The trade of HS Code 04052020 involves multiple US states, including Idaho, New Mexico, and Nevada.