Starch is an essential ingredient used in various industries such as food, pharmaceuticals, and textiles. It is a carbohydrate that is commonly derived from sources like wheat, corn (maize), potato, or cassava (manioc). However, HS Code 11081900 specifically refers to starches that are sourced from other materials.
This HS code is used to classify and regulate the import and export of starches that do not fall under the categories of wheat, corn (maize), potato, or cassava (manioc) starches. It helps in ensuring proper trade documentation, tariff calculation, and monitoring of international starch trade.
When it comes to international trade, countries often impose tariffs or trade barriers to protect domestic industries or regulate imports. However, countries also participate in special tariff preference programs, which aim to promote trade and economic cooperation among nations. HS Code 11081900 is eligible for various special tariff preference programs, allowing for duty-free treatment in specific cases.
The bound / MFN (Most Favored Nation) duty rate for HS Code 11081900 is free. 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. This principle ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 11081900 is kilograms (KG). This unit of measurement is commonly used in trade to quantify the volume or weight of goods being imported or exported.
Now, let's delve into the special tariff preference programs that offer duty-free treatment for imports classified under HS Code 11081900:
These special tariff preference programs enable eligible countries to import starches classified under HS Code 11081900 without paying any import duties or tariffs. This encourages trade and economic cooperation between nations, benefiting both importers and exporters.
In terms of importing and exporting, the United States engages in trade with various states across the world. The importing US states for HS Code 11081900 may include states like California, New York, Texas, and Illinois, among others. The exporting US states, on the other hand, may include states like Iowa, Nebraska, Minnesota, and Indiana, among others.
Overall, HS Code 11081900 plays a crucial role in the classification, regulation, and promotion of trade involving starches other than wheat, corn (maize), potato, or cassava (manioc) starches. It ensures fair treatment, proper tariff calculation, and facilitates international trade relationships between countries.