Milk protein concentrates are a valuable commodity in international trade, and their import and export are governed by the Harmonized System (HS) code 04049010. This HS code is used to classify milk protein concentrates and ensure consistency in trade regulations across different countries.
When 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 bound or Most Favored Nation (MFN) duty rate for milk protein concentrates under HS code 04049010 is 0.37 cents/kg. This rate applies every time a country reduces trade barriers or opens its market, ensuring fair and equal treatment for all trading partners.
The quantity unit for milk protein concentrates is kilograms (KG). It is essential to accurately measure the weight of these concentrates during import and export to ensure compliance with trade regulations.
Several special tariff preference programs apply to milk protein concentrates under HS code 04049010. These programs provide certain countries with duty-free or reduced tariff treatment. The participating countries and their respective programs are as follows:
These special tariff preference programs aim to promote trade and cooperation between participating countries, providing them with advantageous import conditions for milk protein concentrates.
When importing milk protein concentrates into the United States, certain states play a significant role. The following US states have a notable presence in the importation of milk protein concentrates under HS code 04049010:
These states may have specific infrastructure, distribution networks, or processing facilities that make them prominent players in the importation of milk protein concentrates. As a result, businesses involved in the trade of these concentrates often have close relationships with suppliers or customers in these states.
In summary, HS code 04049010 is used to classify milk protein concentrates in international trade. It ensures consistent regulations and fair treatment for all trading partners. The bound duty rate is 0.37 cents/kg, and several special tariff preference programs provide duty-free or reduced tariff treatment for participating countries. Importation of milk protein concentrates is prominent in states like Idaho, New Mexico, and Nevada in the United States.