The HS Code 18063280 refers to cocoa preps, specifically dairy products of Ch4 US note 1. These cocoa preps contain 21% or more milk solids and are not filled. They come in blocks, slabs, or bars weighing 2 kg or less. This HS code is important for international trade as it helps in identifying and classifying this specific product.
The product described by HS Code 18063280 is cocoa preps that are made with dairy products of Ch4 US note 1. These cocoa preps have a milk solids content of 21% or more and are not filled. They are typically found in the form of blocks, slabs, or bars, with each unit weighing 2 kg or less. This specific product falls under the category of cocoa preparations and is widely traded internationally.
The bound / MFN (Most Favored Nation) duty rate for HS Code 18063280 is 52.8 cents per kilogram (kg) plus an additional 6%. The MFN duty rate is the rate applied to imports from all trading partners without any preferential treatment. This means that regardless of the country of origin, the duty rate remains the same. However, it is important to note 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 18063280 is kilograms (kg). This unit is used to measure the weight of the cocoa preps being imported or exported. It provides a standard measurement that facilitates international trade and ensures accurate calculations of duties, taxes, and shipping costs.
HS Code 18063280 is eligible for various special tariff preference programs. These programs provide certain countries with preferential treatment or duty-free access to the product. Here are some of the special tariff preference programs applicable to this HS code:
When it comes to importing HS Code 18063280 into the United States, the data shows that the state of Vermont is the primary destination. The repeated mention of Vermont in the data suggests that it is a significant market for this specific product. Importers based in Vermont may find it beneficial to explore the trade opportunities and demand for cocoa preps in the state.
On the exporting side, the data indicates that Vermont is also a key state for exporting cocoa preps under HS Code 18063280. This suggests that Vermont not only imports but also produces and exports this product. Exporters based in Vermont can take advantage of the trade opportunities and market demand for cocoa preps in other countries.
HS Code 18063280 refers to cocoa preps with specific characteristics and milk solids content. The bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code are important considerations for importers and exporters. Additionally, the data highlights the significance of Vermont as both an importing and exporting state for cocoa preps under this HS code.