HS Code 06031270 refers to the category of Other Carnations, fresh cut. Carnations are beautiful and popular flowers that are commonly used for various purposes, including decoration, gifting, and floral arrangements. This HS code specifically covers fresh cut carnations that are imported and exported between countries.
When it comes to international trade, countries have certain regulations and tariffs in place to protect their domestic industries and ensure fair competition. The Bound / MFN duty rate for HS Code 06031270 is 6.4%. 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.
The quantity unit for HS Code 06031270 is number (NO), which indicates that the measurement unit for this product is a count of individual carnations.
There are also special tariff preference programs that apply to the import and export of Other Carnations, fresh cut. The following countries have free trade agreements or special rates for this HS code: Australia (A*), Austria (AU), 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).
These special tariff preference programs allow for various benefits, such as duty-free treatment or reduced tariffs, for the import and export of Other Carnations, fresh cut. For example, certain countries are excluded from GSP (Generalized System of Preferences) eligibility for this HTS (Harmonized Tariff Schedule) subheading, while others have specific agreements with the United States, such as NAFTA (North American Free Trade Agreement) for Canada and Mexico, the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATPA), and the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA).
Importing US states and exporting US states play a crucial role in the trade of Other Carnations, fresh cut. The United States is both an importer and exporter of these flowers, with various states participating in the trade. The specific states involved in the import and export of Other Carnations, fresh cut can vary depending on market demand, availability, and logistical considerations.
HS Code 06031270 represents Other Carnations, fresh cut in international trade. This HS code is subject to a 6.4% Bound / MFN duty rate, and there are special tariff preference programs in place that provide benefits for certain countries. Importing US states and exporting US states play a crucial role in facilitating the trade of these beautiful flowers. Understanding the details of this HS code is essential for businesses and individuals involved in the import and export of Other Carnations, fresh cut.