Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99129528: Exploring MA Other Olives in Subheading 2005.70.60

When it comes to trade and international commerce, the Harmonized System (HS) plays a vital role in classifying products for customs purposes. Each product is assigned a unique HS code, which helps streamline the global trade process. In this article, we'll delve into the details of HS Code 99129528, focusing on the product description, subheading, and relevant information.

Product Description

HS Code 99129528 represents "MA other olives in subheading 2005.70.60, including wedged or broken >= 60?/kg". Let's break down the product description to understand its components:

• MA: This abbreviation stands for "Miscellaneous Articles" and is commonly used in HS codes to indicate a broad category of products.
• Other Olives: This refers to olives that do not fall under any specific subcategory mentioned in the HS code.
• Subheading 2005.70.60: The subheading provides additional classification within the broader category of olives. In this case, the subheading indicates a specific type of olives.
• Wedged or Broken >= 60?/kg: This denotes that the olives in question are either wedged or broken and have a minimum weight of 60 grams per kilogram.

It's important to note that the HS code provides a standardized way to describe and classify products, ensuring consistency and accuracy in international trade transactions.

Significance of HS Code 99129528

HS Code 99129528 plays a critical role in facilitating trade and customs procedures for MA other olives falling under subheading 2005.70.60. By using this HS code, importers and exporters can easily communicate the nature of the product to customs authorities, ensuring smoother clearance and compliance with regulations.

Furthermore, the HS code allows for accurate tracking of trade statistics related to MA olives, aiding in market analysis, policy formulation, and economic planning at both national and international levels.

Additional Information

While the provided data regarding HS Code 99129528 is specific, there are several additional aspects worth noting:

• Trade Volume: It would be beneficial to analyze the trade volume of MA other olives falling under subheading 2005.70.60. This information can provide insights into the demand and supply dynamics of this particular product.
• Origin and Destination: Understanding the countries involved in the trade of these olives can shed light on the geographical distribution of production and consumption.
• Quality and Grading: Exploring the quality standards and grading systems applicable to these olives can highlight the factors that contribute to their classification within this HS code.
• Related Products: It would be interesting to identify other HS codes that are closely related to or frequently traded alongside HS Code 99129528. This can provide a broader perspective on the olives market.

By considering these additional aspects, stakeholders involved in the trade of MA other olives can gain a comprehensive understanding of the product's market dynamics and make informed decisions accordingly.

Conclusion

HS Code 99129528 represents MA other olives falling under subheading 2005.70.60, including wedged or broken with a minimum weight of 60 grams per kilogram. This HS code plays a crucial role in classifying and facilitating the trade of these olives, ensuring proper customs clearance and accurate trade statistics.

Understanding the significance of HS codes in global trade is essential for importers, exporters, and customs authorities. By adhering to these codes, international trade becomes more efficient, transparent, and compliant.