Asparagus, scientifically known as Asparagus nesi, is a popular vegetable enjoyed for its unique flavor and numerous health benefits. This article aims to provide a detailed overview of the HS Code 07092090, focusing on the product description, duty rates, quantity unit, and special tariff preference programs associated with fresh or chilled asparagus imports.
The HS Code 07092090 represents fresh or chilled asparagus, specifically asparagus of the species Asparagus nesi. Asparagus is a perennial plant native to Europe, widely cultivated for its young shoots that are harvested and consumed as a vegetable. It is known for its tender texture, distinct flavor, and as a versatile ingredient in various culinary dishes.
The bound or most-favored-nation (MFN) duty rate for HS Code 07092090 is 21.3%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 21.3% to asparagus imports from all its trading partners. It is essential to consider this duty rate when engaging in international trade involving fresh or chilled asparagus.
The quantity unit for HS Code 07092090 is kilograms (KG). This unit of measurement is commonly used to determine the weight and quantity of fresh or chilled asparagus being imported or exported. It provides a standardized and convenient way to assess the volume of asparagus shipments.
Several special tariff preference programs exist for fresh or chilled asparagus imports under HS Code 07092090. These programs offer different duty rates depending on the country of origin or specific trade agreements. The following are the special tariff preference programs and their associated duty rates:
It is crucial for importers and exporters to be aware of these special tariff preference programs to optimize their trade activities and minimize costs.
While not directly related to the HS Code 07092090, it is worth mentioning the importing US states that are significant consumers of fresh or chilled asparagus. As of the available data, Arizona stands out as a prominent destination for asparagus imports. Its consistent demand for this vegetable suggests a thriving market for asparagus in the state.
Unfortunately, the provided data does not include information regarding the exporting US states for fresh or chilled asparagus. However, it is essential to acknowledge that the United States is a significant exporter of agricultural products, including asparagus. Various states such as California, Washington, and Michigan are known for their asparagus production and may contribute to the country's exports.
The HS Code 07092090 encompasses fresh or chilled asparagus, specifically asparagus of the species Asparagus nesi. This article provided a comprehensive overview of the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS Code. It is crucial for importers, exporters, and other stakeholders in the asparagus trade to be knowledgeable about these aspects to ensure smooth and cost-effective international transactions.