Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 16054010: Crustaceans nesi, prepared or preserved, not containing fish meat, nesi

Crustaceans are a diverse group of arthropods that include crabs, lobsters, shrimps, and crayfish. They are highly valued for their meat, which is considered a delicacy in many cuisines around the world. HS Code 16054010 specifically refers to crustaceans that are prepared or preserved, and do not contain fish meat.

When it comes to international trade, countries often impose trade barriers in the form of tariffs or taxes on imported goods. However, under the principle of Most Favored Nation (MFN) treatment, a country must offer the same trade benefits to all its trading partners. This means that if a country lowers a trade barrier or opens up a market for a specific product, it has to do so for all its trading partners.

The bound or MFN duty rate for HS Code 16054010 is free. This means that there are no tariffs imposed on the import of crustaceans prepared or preserved, not containing fish meat, under this HS code. This provides an incentive for countries to engage in international trade of these products, as it eliminates the additional cost of tariffs.

The quantity unit for measuring the import or export of crustaceans under this HS code is kilograms (KG). This unit of measurement is commonly used in the international trade of various commodities.

In addition to the MFN duty rate, there are also special tariff preference programs that provide further benefits to certain countries. For HS Code 16054010, the following special tariff preference programs apply:

• Generalized System of Preferences (GSP): This program grants duty-free treatment to eligible countries.
• Australia Special Rate: Australia enjoys a special rate for the import of crustaceans under this HS code.
• Bahrain Special Rate: Bahrain benefits from a special rate for the import of these products.
• NAFTA for Canada: Canada receives duty-free treatment for the import of crustaceans under this HS code as part of the North American Free Trade Agreement.
• Chile Special Rate: Chile has a special rate for the import of crustaceans prepared or preserved, not containing fish meat.
• Caribbean Basin Initiative (CBI): Certain Caribbean countries benefit from duty-free treatment for the import of these products.
• Israel Special Rate: Israel enjoys duty-free treatment for the import of crustaceans under this HS code.
• Andean Trade Preference Act (ATPA): Eligible countries in the Andean region receive preferential treatment for the import of these products.
• Jordan Special Rate: Jordan has a special rate for the import of crustaceans prepared or preserved, not containing fish meat.
• Morocco Special Rate: Morocco benefits from a special rate for the import of these products.
• NAFTA for Mexico: Mexico receives duty-free treatment for the import of crustaceans under this HS code as part of the North American Free Trade Agreement.
• Oman Special Rate: Oman enjoys a special rate for the import of crustaceans under this HS code.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Eligible countries in the Dominican Republic-Central American region receive preferential treatment for the import of these products.
• Peru Special Rate: Peru has a special rate for the import of crustaceans prepared or preserved, not containing fish meat.
• Singapore Special Rate: Singapore benefits from a special rate of 1.2% for the import of these products.

It is important to note that the specific benefits and requirements of these special tariff preference programs may vary. Importers and exporters should consult the relevant trade agreements or authorities to ensure compliance and take advantage of the available benefits.

When it comes to importing HS Code 16054010 into the United States, the data provided indicates that the states of Maryland and Rhode Island are the main importers. However, it is worth noting that this information is limited and does not provide a comprehensive overview of all importing states.

HS Code 16054010 refers to prepared or preserved crustaceans that do not contain fish meat. The MFN duty rate for this HS code is free, and there are also special tariff preference programs that offer additional benefits to certain countries. Importers and exporters should be aware of these programs and consult the relevant authorities to ensure compliance and take advantage of the available benefits.