Crustacean products are a popular choice for seafood lovers around the world. From lobster to shrimp, these delicious delicacies can be found on menus and dinner tables everywhere. In this article, we will focus on a specific HS Code, 16054005, which refers to crustacean products nesi (not elsewhere specified), containing fish meat. We will explore the product description, duty rates, and special tariff preference programs associated with this HS Code.
HS Code 16054005 covers crustacean products that contain fish meat. This can include prepared meals and other food products made from a combination of crustaceans and fish. The inclusion of fish meat adds a unique flavor and texture to these products, making them even more enticing to seafood enthusiasts. It is important to note that this HS Code is specifically for crustacean products nesi, which means it includes any products that are not classified under more specific HS Codes.
The bound or most-favored-nation (MFN) duty rate for HS Code 16054005 is free. This means that countries must lower trade barriers or open up their markets for the same goods or services from all their trading partners. As a result, importing countries do not have to pay any duties or tariffs when bringing in crustacean products containing fish meat classified under this HS Code. This encourages international trade and ensures fair treatment for all trading partners.
The quantity unit for HS Code 16054005 is kilograms (KG). This means that the weight of the products being imported or exported will be measured in kilograms. It is important for traders and importers to accurately declare the weight of their shipments to comply with customs regulations and determine any applicable fees or taxes.
HS Code 16054005 is eligible for several special tariff preference programs that offer reduced or duty-free treatment. These programs aim to promote economic development, support specific trading partners, and foster international cooperation. The following countries or regions offer special tariff rates for crustacean products containing fish meat classified under this HS Code:
These special tariff preference programs aim to create favorable trade conditions and strengthen economic ties between countries. Importers can take advantage of these programs to reduce costs and increase competitiveness in the market.
While the HS Code 16054005 applies to crustacean products containing fish meat worldwide, it is interesting to note the specific US states that are involved in the import and export of these products. According to the available data, the following US states have been involved in importing crustacean products containing fish meat classified under this HS Code:
These states play a crucial role in facilitating the importation of these products, ensuring their availability to consumers across the United States. It is important for traders and businesses in these states to comply with customs regulations and take advantage of the special tariff preference programs mentioned earlier to enhance their competitiveness in the market.
HS Code 16054005 covers crustacean products nesi containing fish meat. This article has provided an overview of the product description, bound / MFN duty rate, quantity unit, special tariff preference programs, and importing/exporting US states associated with this HS Code. Understanding these details is essential for traders, importers, and exporters involved in the global seafood trade.