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Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 98150020: Products of American fisheries which have not been landed in a foreign country, or landed solely for transshipment

HS Code 98150020 pertains to products of American fisheries that have not been landed in a foreign country or landed solely for transshipment. This code is used for the classification and identification of these specific products in international trade.

Product Description

The products falling under HS Code 98150020 are exclusively related to American fisheries. These products have not been landed in any foreign country or have been landed solely for transshipment purposes. This code is specific to the trade of these products and helps in the smooth classification and tracking of goods.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate for HS Code 98150020 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 ensures equal treatment and fair trade practices among nations.

Quantity Unit

The quantity unit for HS Code 98150020 is kilograms (KG). This unit is used to measure the weight or quantity of the products being traded under this code. It provides a standardized measurement system for international trade transactions.

Special Tariff Preference Programs

HS Code 98150020 is eligible for special tariff preference programs in certain countries. The specific programs and rates applicable to this code are as follows:

These special tariff preference programs provide certain benefits and exemptions for the importation of products classified under HS Code 98150020. It is important for traders to understand and utilize these programs to optimize their trade activities.

Importing US States

While the specific data for exporting US states is not provided, it is important to note that HS Code 98150020 is applicable for products originating from American fisheries. Therefore, any state within the United States that engages in fisheries and exports these products can potentially be involved in the trade of goods classified under this HS code.

In the case of HS Code 98150020, the data indicates that the state of Utah is involved in the importation of these American fisheries products. This suggests that Utah has a significant role in the trade and distribution of these goods within the United States.

Overall, HS Code 98150020 plays a crucial role in identifying and classifying products of American fisheries that have not been landed in a foreign country or have solely been landed for transshipment purposes. Traders and businesses involved in the importation or exportation of these goods should familiarize themselves with the relevant regulations and tariff preference programs to optimize their trade activities.



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