Shrimp and prawn products containing fish meat fall under HS Code 16052005. This code is used to classify and categorize these specific types of seafood products for import and export purposes. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
The HS Code 16052005 refers to shrimp and prawn products that contain fish meat. This can include various processed forms of shrimp and prawn, such as canned or frozen products. Additionally, it also covers prepared meals that are made using shrimps or prawns. This detailed product description helps customs authorities and traders accurately identify and classify these specific seafood products.
The bound or most-favored-nation (MFN) duty rate for HS Code 16052005 is 5%. The MFN principle ensures that whenever 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 means that the duty rate remains consistent regardless of the country of origin. The 5% duty rate is applicable each time this product is imported or exported.
The quantity unit for HS Code 16052005 is measured in kilograms (KG). Kilograms are a common unit of measurement used in international trade to accurately determine the weight of goods being imported or exported. This quantity unit helps in calculating shipping costs, ensuring compliance with trade regulations, and facilitating accurate trade statistics.
HS Code 16052005 is eligible for various special tariff preference programs. These programs can provide reduced or duty-free treatment for imports and exports of this product. The following countries or trade agreements offer special rates for this HS code:
These special tariff preference programs promote trade and economic cooperation between countries by providing incentives for importing or exporting specific goods.
HS Code 16052005 is imported into and exported from various US states. The following states are involved in the importation of this product:
The importing states play a crucial role in distributing and supplying shrimp and prawn products containing fish meat within the United States. The presence of multiple importing states highlights the demand for these products across different regions.
HS Code 16052005 provides a specific classification for shrimp and prawn products containing fish meat. Understanding the details of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states, is essential for traders, customs officials, and individuals involved in the seafood industry.