HS Code 16059005 refers to products of molluscs and other aquatic invertebrates containing fish meat, as well as prepared meals of molluscs or other aquatic invertebrates. This code is used to classify and categorize these specific goods for international trade purposes.
When it comes to trade barriers and market accessibility, the bound or most-favored-nation (MFN) duty rate for HS Code 16059005 is free. This means that every time 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.
The quantity unit for HS Code 16059005 is kilograms (KG). This unit is used to measure the weight of the products of molluscs and other aquatic invertebrates containing fish meat, as well as the prepared meals made from these organisms.
There are also special tariff preference programs available for HS Code 16059005. These programs provide certain countries with preferential treatment in terms of duty rates. The following countries enjoy duty-free treatment: Australia, Bahrain, Canada (under NAFTA), Chile, the European Union (EU), Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, and the United States (under the Dominican Republic-Central American Special Rate).
In addition to the duty-free treatment, Singapore also has a special rate of 1.2% for HS Code 16059005. This means that imports of these products from Singapore are subject to a duty rate of 1.2%.
When it comes to importing HS Code 16059005 into the United States, the data shows that the states of Maryland and Rhode Island are the primary destinations. It is important for importers to be aware of the specific regulations and requirements set by these states when importing products of molluscs and other aquatic invertebrates containing fish meat.
On the other hand, the exporting states within the United States for HS Code 16059005 are not mentioned in the provided data. However, it can be assumed that these products are exported from various states to meet the demand in international markets.
HS Code 16059005 is used to classify and categorize products of molluscs and other aquatic invertebrates containing fish meat, as well as prepared meals made from these organisms. It is important for traders and importers to understand the duty rates, special tariff preference programs, and specific regulations associated with this HS code in order to facilitate smooth international trade.