Grape wine is a popular alcoholic beverage enjoyed by people all around the world. It is made from fermented grapes or grape juice and is known for its variety of flavors, aromas, and colors. In international trade, grape wine is classified under HS Code 22042960. This code provides a standardized classification for customs and regulatory purposes.
The HS Code 22042960 refers to grape wine that is not sparkling and has an alcohol content not exceeding 14% by volume. Furthermore, it specifically pertains to wine that is packaged in containers holding over 4 liters. This code helps ensure that the correct duty rates and regulations are applied to this particular type of wine during the import and export process.
For imports of grape wine classified under HS Code 22042960, the bound / MFN (Most Favored Nation) duty rate is 14 cents per liter. The MFN principle states 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 helps promote fair and equal treatment for all countries involved in international trade.
The quantity unit for grape wine under HS Code 22042960 is liters (L). This unit of measurement allows for accurate tracking and documentation of the volume of wine being imported or exported. It helps ensure that the correct quantities are reported for customs purposes and facilitates efficient trade processes.
Several countries and regions offer special tariff preference programs for grape wine imports under HS Code 22042960. These programs provide preferential treatment in the form of reduced or duty-free rates. The specific programs and their corresponding rates for grape wine imports are as follows:
Grape wine under HS Code 22042960 is imported into various states in the United States. The states that commonly import this type of wine include:
These states have a demand for grape wine and facilitate its importation to meet the preferences of their local consumers.
While the data provided does not specify the exporting US states for grape wine under HS Code 22042960, it is important to note that the United States is a significant exporter of wine to various countries around the world. Some of the prominent wine-producing regions in the US include California, Oregon, Washington, and New York. These states have a rich wine culture and produce a wide range of grape wines that are exported globally.
HS Code 22042960 plays a crucial role in the classification, regulation, and trade of grape wine. It helps ensure that the correct duty rates are applied, facilitates accurate documentation of quantities, and enables the implementation of special tariff preference programs. Understanding this HS code is essential for importers, exporters, and industry professionals involved in the grape wine trade.