Corn (maize) flour is a versatile and widely-used ingredient in various culinary applications across the globe. With its unique properties and nutritional benefits, it has become a staple in many households and food industries. In this article, we will delve into the details of HS Code 11022000, which specifically refers to corn (maize) flour, and explore its product description, duty rates, quantity units, special tariff preference programs, as well as the importing and exporting US states.
HS Code 11022000 encompasses corn (maize) flour. Corn flour is derived from grinding dried corn kernels into a fine powder. It is commonly used as a thickening agent in various recipes, such as soups, sauces, and gravies. Moreover, corn flour is an essential ingredient in the production of cornbread, tortillas, and other baked goods.
The bound / MFN (Most-Favored Nation) duty rate for corn (maize) flour is 0.3 cents per kilogram. The MFN duty rate is the rate applied to imports from all trading partners and is generally the maximum tariff rate allowed under international agreements.
It is worth noting 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. This principle of non-discrimination is crucial in maintaining fair and equitable trade practices among nations.
The quantity unit for corn (maize) flour is kilograms (KG). This unit of measurement ensures standardization and facilitates accurate trade transactions and calculations.
HS Code 11022000 benefits from various special tariff preference programs, providing countries with preferential treatment or duty-free access to the United States market. The following programs apply to corn (maize) flour:
These special tariff preference programs aim to foster economic cooperation, promote trade, and support the development of partner countries through favorable trade conditions.
Corn (maize) flour under HS Code 11022000 can be imported into various states within the United States. One such state is Arkansas. Arkansas, known for its rich agricultural heritage, welcomes imports of corn (maize) flour to cater to its local food industries and consumer demands.
As for exporting, Arkansas is also among the US states that engage in the trade of corn (maize) flour. With its abundant corn production, Arkansas contributes to the global supply of corn (maize) flour, meeting the needs of international markets.
Overall, HS Code 11022000 plays a significant role in facilitating the trade of corn (maize) flour, ensuring fair and efficient transactions, and promoting global economic cooperation. Understanding the intricacies of this HS code is vital for importers, exporters, and various stakeholders involved in the corn (maize) flour industry.