The HS code 20087010 refers to nectarines that are prepared or preserved in a way that is not specified or included in any other category. This code is used to classify and regulate the import and export of these specific goods.
When it comes to trade barriers and market opening, the bound or most-favored-nation (MFN) duty rate for this HS code is 16%. 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 quantity unit for this HS code is kilograms (KG), which is used to measure the weight of the nectarines being imported or exported.
There are also special tariff preference programs associated with this HS code. These programs offer different duty rates depending on the country of import or export. Here are some of the special rates:
Additionally, there are specific special rates for certain countries:
It is important for importers and exporters to be aware of these special rates and programs, as they can greatly impact the cost and competitiveness of their trade transactions.
When importing or exporting nectarines classified under HS code 20087010, it is crucial to comply with the regulations and requirements of the respective countries involved in the trade. This includes proper documentation, adherence to customs procedures, and compliance with any additional sanitary or phytosanitary measures that may be in place.
By understanding and utilizing the HS code 20087010 and its associated regulations, importers and exporters can navigate the international trade landscape more effectively and efficiently.