Olives are a popular food item enjoyed by many around the world. They are not only delicious but also provide several health benefits. Olives can be found in different varieties, and one specific category is olives in a saline solution. This article will provide an in-depth understanding of olives in a saline solution, focusing on their HS code, product description, duty rates, quantity unit, special tariff preference programs, and the importing/exporting US states.
The HS code 20057075 refers to olives (not green) that are preserved in a saline solution. These olives are not canned and fall under the category of "nesi" (not elsewhere specified or included). The saline solution helps to preserve the olives and enhance their flavor. Olives in a saline solution are commonly used in various culinary preparations, such as salads, pasta dishes, and Mediterranean-inspired recipes.
The bound / MFN (Most Favored Nation) duty rate for olives in a saline solution is 4.3 cents/kg on the drained weight. This duty rate applies every time a country lowers a trade barrier or opens up a market. It is essential for countries to offer the same trade conditions for the same goods or services to all their trading partners.
The quantity unit for olives in a saline solution is kilograms (KG). This unit of measurement is used to determine the weight of the olives being imported or exported.
Olives in a saline solution can benefit from various special tariff preference programs, which provide specific trade advantages. The following programs offer preferential treatment for the importation of olives:
When it comes to the importing of olives in a saline solution, the data shows that the Virgin Islands is the primary destination within the United States. They are the key importers of this product, indicating a high demand for olives in the region.
On the other hand, the exporting of olives in a saline solution is primarily done by the states of Oregon and Washington. These states have a significant olive production industry, and their olives are exported to various locations around the world.
olives in a saline solution, identified by the HS code 20057075, are a sought-after food product with various trade advantages. Their preservation in a saline solution enhances their flavor and makes them a versatile ingredient in many dishes. Understanding the HS code, duty rates, and special tariff preference programs associated with olives in a saline solution is essential for importers and exporters looking to engage in international trade.