When it comes to international trade, every product is assigned a specific code known as the Harmonized System (HS) code. These codes are used to classify and identify products for customs purposes. One such HS code is 04069093, which pertains to cheeses and substances for cheese (including mixtures) with a butterfat content of less than 0.5% by weight. This particular HS code is subject to additional regulations outlined in US note 23 to Chapter 4 and is not classified under GN15.
Importing and exporting goods under HS code 04069093 involves various aspects, including duty rates, quantity units, and special tariff preference programs. Let's explore these details further:
The bound / MFN (Most Favored Nation) duty rate for products falling under HS code 04069093 is 10%. This means that regardless of a country's trade barriers or market openings, this duty rate remains consistent for all trading partners. It ensures fair and equal treatment for the same goods or services from all countries involved in international trade.
The quantity unit for HS code 04069093 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported cheese products. It allows for accurate calculations and standardization in trade transactions.
Under HS code 04069093, certain countries enjoy special tariff preference programs, which offer specific benefits and exemptions. Here are the details of the programs applicable to this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and the respective countries. They provide incentives for importers and help facilitate smoother international trade transactions.
HS code 04069093 is imported into the United States primarily through the state of New Jersey. It is worth noting that the data provided indicates a significant concentration of imports in New Jersey. The specific reasons for this concentration can vary, including factors such as proximity to ports, distribution centers, or specific market demands in the region.
On the other hand, the data regarding the exporting US states for HS code 04069093 shows a wider distribution, with Idaho and New Mexico being the primary states involved in exporting these cheese products. This suggests that these states have a significant presence in the production and export of cheeses and cheese-related substances falling under this HS code.
HS code 04069093 plays a crucial role in international trade, specifically for cheeses and substances for cheese with a butterfat content of less than 0.5% by weight. Understanding the duty rates, quantity units, and special tariff preference programs associated with this HS code is essential for importers, exporters, and government authorities involved in customs clearance and trade facilitation processes.