Potato preparations, prepared or preserved, fall under the HS Code 20052000. This code is used to identify and classify these specific types of potato products for import and export purposes. Understanding the details and implications of this HS Code is important for businesses involved in international trade.
The product description states that these potato preparations are prepared or preserved in a way that does not involve vinegar or acetic acid. Additionally, they should not be frozen. This provides clarity on the specific types of potato products included in this HS Code.
When it comes to trade barriers and market access, the bound / MFN (Most Favored Nation) duty rate for HS Code 20052000 is 6.4%. This means that whenever 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. This ensures fair and equal treatment for importers and exporters dealing with potato preparations.
The quantity unit for measuring these potato preparations is kilograms (KG). This standard unit of measurement helps in accurately determining the quantity of goods being imported or exported under this HS Code.
Special tariff preference programs are available for potato preparations falling under HS Code 20052000. The following countries have specific programs in place:
This comprehensive list of countries and their respective tariff preference programs highlights the potential benefits for importers and exporters dealing with potato preparations under HS Code 20052000. These programs may include duty-free treatment or special rates, promoting trade relations and facilitating market access.
When it comes to importing these potato preparations into the United States, the data shows that the Virgin Islands are the main destinations. On the other hand, when exporting from the United States, Oregon and Washington are the primary states involved in the trade of potato preparations.
HS Code 20052000 plays a crucial role in identifying and classifying potato preparations, prepared or preserved without vinegar or acetic acid, and not frozen. Businesses involved in international trade should be aware of the bound / MFN duty rate, quantity unit, and the various special tariff preference programs available for this product category. Understanding and utilizing this HS Code effectively can lead to enhanced trade opportunities and market access for potato preparation importers and exporters.