When it comes to international trade, it is essential to have a standardized system for classifying goods. The Harmonized System (HS) is an internationally recognized coding system used to classify products for customs purposes. Each product is assigned a unique HS code, which helps in the identification and categorization of goods.
One such HS code is 33021090, which refers to mixtures of or with a basis of odoriferous substances, used in the food or drink industries, containing over 20 percent alcohol by weight, not elsewhere specified or included. This code is specifically designed for products that fall within this criteria, providing a clear classification for customs and trade purposes.
Importing or exporting goods under HS code 33021090 requires compliance with specific regulations and tariffs. Understanding these regulations is crucial for businesses involved in the food or drink industries.
Bound / MFN duty rate for HS code 33021090 is free. 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. This promotes fair and equal trade opportunities between countries.
The quantity unit for HS code 33021090 is kilograms (KG). This unit of measurement is used to determine the weight of the product being imported or exported. It helps in calculating the cost, logistics, and other aspects of international trade.
There are also special tariff preference programs available for goods classified under HS code 33021090. These programs offer preferential treatment in terms of duty rates for specific countries. For this HS code, the following countries have special tariff preferences:
When importing goods under HS code 33021090 to the United States, the following states have been identified as major importers:
On the other hand, the major exporting states for goods classified under HS code 33021090 are:
Having a clear understanding of the HS code and its related information is crucial for businesses engaged in international trade. It ensures compliance with regulations, facilitates smooth customs clearance, and helps in identifying potential market opportunities. Whether you are an importer or exporter, HS code 33021090 plays a significant role in the food or drink industries, specifically for mixtures of odoriferous substances with a high alcohol content.