Pimientos, prepared or preserved by vinegar or acetic acid, fall under HS Code 20019035. This code is used to classify and identify the specific type of product for international trade purposes. In this article, we will explore the details and implications of this HS code.
HS Code 20019035 refers to pimientos that have been prepared or preserved by vinegar or acetic acid. Pimientos are a type of chili pepper that is commonly used in cooking and can be found in various dishes. When they are preserved or prepared using vinegar or acetic acid, they acquire a distinct flavor and texture.
The bound / MFN (Most Favored Nation) duty rate for HS Code 20019035 is 8.1%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate is the percentage of the value of the imported goods that must be paid as a tax or duty.
The quantity unit for HS Code 20019035 is kilograms (KG). This unit is used to measure the weight of the imported or exported pimientos. It provides a standardized measurement for international trade transactions involving this product.
There are several special tariff preference programs that apply to imports of pimientos under HS Code 20019035. These programs provide certain countries with preferential treatment, including duty-free or reduced-duty access to the market. The following countries or regions benefit from these programs:
Based on the available data, the importing US states for pimientos under HS Code 20019035 are New Jersey and Hawaii. These states are the destinations for the imported pimientos, where they are received and consumed or further distributed within the United States.
Unfortunately, the data does not provide information on the specific exporting US states for pimientos under HS Code 20019035. However, it is worth noting that the United States is a significant player in international trade and is known for exporting various agricultural products around the world.
HS Code 20019035 is used to classify pimientos that have been prepared or preserved by vinegar or acetic acid. This code helps facilitate international trade by providing a standardized classification system. The associated duty rate, quantity unit, and special tariff preference programs further influence the import and export of this product. Understanding HS codes and their implications is crucial for businesses and individuals involved in international trade.