Glucose and glucose syrup are widely used in various industries such as food and beverage, pharmaceuticals, and personal care. HS Code 17023040 specifically refers to glucose and glucose syrup that do not contain fructose or have less than 20 percent by weight of fructose in their dry state. Let's explore more about this product and its import/export implications.
The bound/MFN (Most Favored Nation) duty rate for HS Code 17023040 is 2.2 cents/kg. The MFN duty rate is applied every time a country lowers a trade barrier or opens up a market, and it has to be applied to the same goods or services from all its trading partners. This ensures fair and equal treatment for all trading partners.
The quantity unit for HS Code 17023040 is kilograms (KG). This means that the product is measured and traded in kilograms.
HS Code 17023040 is eligible for various special tariff preference programs, which provide specific benefits and exemptions to certain countries. Here are some of the special tariff preference programs applicable to this HS Code:
HS Code 17023040 is imported into the United States, specifically in the state of Vermont. Importers in Vermont can engage in trade and import glucose and glucose syrup under this HS Code.
There is no specific information available regarding the exporting US states for HS Code 17023040. However, it is important to note that this HS Code allows exporters from any state in the US to export glucose and glucose syrup to other countries.
HS Code 17023040 represents glucose and glucose syrup that do not contain fructose or have less than 20 percent by weight of fructose in their dry state. Importers and exporters can benefit from various special tariff preference programs and enjoy duty-free treatment in certain countries. The quantity unit for this product is kilograms (KG), and it is imported into the state of Vermont in the United States. Understanding the details of this HS Code can help businesses make informed decisions and navigate international trade more effectively.