Hops are an essential ingredient in the brewing industry, providing flavor, aroma, and stability to beer. The saps and extracts of hops are highly valued for their unique properties and are widely used in the production of various beverages and food products.
HS Code 13021300 specifically refers to the classification of saps and extracts of hops for international trade purposes. This code helps in the identification and categorization of these products, ensuring smooth and efficient global trade.
The bound / MFN (Most Favored Nation) duty rate for HS Code 13021300 is 89 cents/kg. 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. This duty rate ensures fair trade practices and equal treatment for all countries involved.
The quantity unit for HS Code 13021300 is kilograms (KG). This unit of measurement is used to determine the weight of the saps and extracts of hops being imported or exported.
Several special tariff preference programs apply to HS Code 13021300. These programs offer different tariff rates or duty-free treatment based on specific criteria. The following countries and programs provide special tariff preferences for imports of saps and extracts of hops:
In addition, some countries have special rates for saps and extracts of hops:
It is important to note that only imports from least-developed beneficiary developing countries are eligible for GSP (Generalized System of Preferences) under the specific subheading within HS Code 13021300. These imports receive duty-free treatment, promoting economic growth and development in these countries.
When it comes to importing saps and extracts of hops into the United States, the following states are known for their significant trade in this product:
These states have a thriving brewing industry and are key players in the production and distribution of hops-related products.
HS Code 13021300 plays a crucial role in the international trade of saps and extracts of hops. This code facilitates the proper classification, identification, and regulation of these products, ensuring fair trade practices and promoting economic growth in the brewing industry.