Rye flour falls under HS Code 11021000 and is classified as a food product. This article provides comprehensive information about rye flour, its import/export details, and the special tariff preference programs associated with it.
Rye flour is a type of flour made from grinding rye grains. It is commonly used in baking, particularly for making bread and other baked goods. Rye flour has a distinct flavor and is known for its nutritional benefits, including high fiber content and various vitamins and minerals.
The HS Code 11021000 is a harmonized system code used to classify rye flour and facilitate international trade. This code is recognized globally and is essential for customs purposes, ensuring consistent identification and classification of products.
The bound / MFN (Most Favored Nation) duty rate for rye flour under HS Code 11021000 is 0.23 cents per kilogram (KG). This means that every time 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.
The duty rate plays a crucial role in determining the cost of importing or exporting rye flour. Importers and exporters need to consider this rate while calculating the overall expenses and profitability of their trade transactions.
The quantity unit for rye flour under HS Code 11021000 is kilograms (KG). This unit is widely used across the world to measure the weight of goods during trade transactions. Importers and exporters must accurately declare the quantity of rye flour they are trading to comply with customs regulations.
Rye flour under HS Code 11021000 is eligible for various special tariff preference programs. These programs provide specific benefits, such as duty-free treatment or reduced duties, to promote trade between countries. The following are some of the special tariff preference programs applicable to rye flour:
Importers and exporters must be aware of these special tariff preference programs and evaluate the eligibility and benefits they can avail for their rye flour trade.
The United States imports and exports rye flour to various states. One of the major importing states is Arkansas. Rye flour is regularly imported into Arkansas to fulfill the demand for this versatile baking ingredient.
Additionally, Arkansas is also a significant exporting state for rye flour. It produces and exports rye flour to other states and countries, contributing to the global trade of this product. The export of rye flour from Arkansas supports economic growth and promotes international trade relations.
rye flour under HS Code 11021000 is a valuable food product traded globally. Importers and exporters need to understand the classification, duty rates, quantity units, and special tariff preference programs associated with this HS code. By staying informed about these details, businesses can effectively navigate the international trade landscape and optimize their trading activities related to rye flour.