Yellow dent corn, classified under HS Code 10059020, is a type of corn with a high starch content and a dent on the top of each kernel. It is commonly used as animal feed and in the production of various food products such as cornmeal, cornflour, and corn syrup. This article will provide an extensive overview of HS Code 10059020, including its product description, duty rates, quantity unit, special tariff preference programs, and the US states involved in importing and exporting this product.
Yellow dent corn, also known as field corn or maize, is a variety of corn characterized by its high starch content and distinct dent at the top of each kernel. It is one of the most widely cultivated types of corn and serves various purposes in different industries. Yellow dent corn is primarily used as animal feed for livestock such as cattle, pigs, and poultry. Additionally, it is a key ingredient in the production of corn-based food products, including cornmeal, cornflour, and corn syrup.
The bound / MFN (Most Favored Nation) duty rate for HS Code 10059020 is 0.05 cents per kilogram. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive the same treatment from all trading partners of a particular country. This duty rate helps maintain fair trade practices and equal opportunities for all participants in the global market.
The quantity unit for HS Code 10059020 is kilograms (KG). This means that the weight of yellow dent corn imported or exported is measured in kilograms. The quantity unit is essential for accurate record-keeping and enables efficient international trade transactions.
Yellow dent corn classified under HS Code 10059020 enjoys special tariff preference programs in various countries. Some of the programs and their corresponding countries are as follows:
These special tariff preference programs aim to promote trade, enhance economic cooperation, and provide benefits to specific countries or regions involved in the import and export of yellow dent corn.
Yellow dent corn classified under HS Code 10059020 is imported by the state of Vermont in the United States. Vermont's import of yellow dent corn signifies the demand for this agricultural commodity in the state's livestock industry and other corn-based food production activities.
Yellow dent corn classified under HS Code 10059020 is primarily exported by the following US states:
These states play a significant role in meeting the global demand for yellow dent corn, exporting it to various countries around the world.
HS Code 10059020 represents yellow dent corn, a versatile agricultural product used as animal feed and in the production of corn-based food products. The duty rate, quantity unit, special tariff preference programs, and the involvement of specific US states in importing and exporting this product contribute to its global trade dynamics.