In the world of international trade, HS Code 22089010 represents a specific product: bitters that are fit for use as beverages. This HS code is used to classify and categorize this particular type of product for customs and trade purposes.
When it comes to trade barriers and market access, countries have to follow certain rules and regulations. One such rule is the bound or most-favored-nation (MFN) duty rate. 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. In the case of HS Code 22089010, the bound/MFN duty rate is free.
The quantity unit for this product is proof liters (PFL). This unit of measurement helps in determining the volume or quantity of bitters being imported or exported.
Special tariff preference programs play a crucial role in international trade, as they provide certain benefits and advantages to specific countries or regions. For HS Code 22089010, there are various special tariff preference programs in place:
Additionally, there are specific special rates applied to bitters imported from certain countries:
When it comes to importing bitters under HS Code 22089010, some of the major importing US states are the Virgin Islands, the District of Columbia, and Nevada. These states have a significant demand for bitters and play a vital role in the import trade of this product.
On the other hand, when it comes to exporting bitters under this HS code, the state of Arkansas stands out. It is a major exporter of bitters and contributes significantly to the global trade of this product.
HS Code 22089010 provides a clear classification for bitters fit for use as beverages. Understanding the nuances of this HS code not only helps in trade documentation but also opens up opportunities for businesses in various countries to engage in the import and export of this product.