When it comes to international trade, various codes are used to classify products for easier identification and regulation. One such code is the Harmonized System (HS) code. In this article, we will explore the HS Code 02023010 and delve into its product description, tariff rates, quantity units, special tariff preference programs, and the importing/exporting US states associated with this code.
The HS Code 02023010 refers to high-quality beef cuts that are boneless, processed, and frozen. This code is further described in additional US Note 3 to Chapter 2 of the HS system. The detailed description provides clarity and specificity for the type of beef cuts covered by this code.
The bound / MFN (Most Favored Nation) duty rate for the HS Code 02023010 is 4%. This means that every time 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. The 4% duty rate is applicable to imports of high-quality beef cuts falling under this HS code.
The quantity unit for the HS Code 02023010 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported high-quality beef cuts. It ensures standardization and consistency in trade transactions involving this product.
The HS Code 02023010 is eligible for various special tariff preference programs. These programs provide certain countries with preferential treatment, such as duty-free or reduced-duty access to specific markets. The countries and programs relevant to this HS code include:
These special tariff preference programs aim to promote trade and enhance economic cooperation between countries by providing favorable conditions for the import and export of high-quality beef cuts falling under the HS Code 02023010.
When it comes to importing high-quality beef cuts under the HS Code 02023010, the following US states are associated with these transactions:
These states serve as the destinations for the imported high-quality beef cuts. Importers in the District of Columbia, South Dakota, and Hawaii engage in trade activities involving this specific HS code.
On the other hand, the following US states are associated with exporting high-quality beef cuts under the HS Code 02023010:
These states serve as the origins for the exported high-quality beef cuts. Exporters in Colorado, Hawaii, Iowa, Kansas, Nebraska, South Dakota, and Utah engage in trade activities involving this specific HS code.
the HS Code 02023010 represents high-quality beef cuts that are boneless, processed, and frozen. It is subject to a 4% bound / MFN duty rate and is measured in kilograms (KG). Various special tariff preference programs provide certain countries with preferential treatment when importing or exporting these beef cuts. Importers in the District of Columbia, South Dakota, and Hawaii, as well as exporters in Colorado, Hawaii, Iowa, Kansas, Nebraska, South Dakota, and Utah, are involved in trade transactions related to this HS code. Understanding the HS code system and its associated data is essential for efficient international trade operations and regulations.