When it comes to the international trade of hop cones, fresh or dried, ground, powdered, or in the form of pellets; lupulin, the HS Code 12102000 plays a crucial role in classifying and regulating this product. In this article, we will explore the details of this HS Code, including its description, duty rates, quantity units, and special tariff preference programs. Let's delve into the world of hop cones and lupulin!
The HS Code 12102000 specifically refers to hop cones, which are the female flowers of the hop plant (Humulus lupulus). These cones are primarily used in the brewing industry to impart bitterness, flavor, and aroma to beer. Hop cones can be consumed in various forms, including fresh, dried, ground, powdered, or in pelletized form. Additionally, this HS Code also includes lupulin, a yellowish powder extracted from hop cones that contains the essential oils and resins responsible for the characteristic flavors and aromas.
The bound / MFN (Most Favored Nation) duty rate for HS Code 12102000 is 13.2 cents per kilogram (KG). This rate applies every time a country lowers a trade barrier or opens up a market, ensuring that the same duty rate is applied to all trading partners for the same goods or services. It is important for importers and exporters to consider this duty rate when engaging in international trade of hop cones and lupulin.
The quantity unit specified for HS Code 12102000 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of the goods being imported or exported. It is essential for accurate invoicing, documentation, and logistics purposes.
Several special tariff preference programs are applicable to HS Code 12102000, allowing for preferential treatment or duty-free access to certain countries. Here are the programs that offer special rates for importing hop cones and lupulin:
These special tariff preference programs aim to promote trade, economic development, and cooperation between countries by reducing or eliminating import duties on hop cones and lupulin.
HS Code 12102000 is relevant for both importing to and exporting from the United States. The specific states involved in the import and export of hop cones and lupulin may vary depending on market demand, agricultural production, and brewing industries. Some of the prominent states known for their involvement in this trade include:
Importing US States: These states are major destinations for hop cones and lupulin imports:
Exporting US States: These states are major sources of hop cones and lupulin exports:
These states play a vital role in the global hop industry and contribute significantly to the international trade of hop cones and lupulin.
The HS Code 12102000 serves as a key reference for the classification and regulation of hop cones, fresh or dried, ground, powdered, or in the form of pellets; lupulin. Understanding this code, its duty rates, quantity units, and special tariff preference programs is essential for importers, exporters, and those involved in the brewing industry. With this comprehensive guide, you are now equipped with the knowledge to navigate the international trade of hop cones and lupulin with confidence.