When it comes to international trade, products are classified using a system called the Harmonized System (HS) code. The HS code 12091000 specifically refers to sugar beet seed of a kind used for sowing. In this article, we will explore more about this HS code and its implications in international trade.
Sugar beet seed is an essential agricultural input that plays a crucial role in the production of sugar beet crops. This HS code is used to classify and track the import and export of sugar beet seed across different countries.
The product described under HS code 12091000 is sugar beet seed that is specifically used for sowing. This means that the seed is intended to be planted and grown into sugar beet plants for the purpose of harvesting sugar from their roots.
Under the World Trade Organization (WTO) rules, countries are required to treat all trading partners equally. This means that when a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. Therefore, the bound or most-favored-nation (MFN) duty rate for sugar beet seed under HS code 12091000 is free.
The quantity unit for sugar beet seed under HS code 12091000 is kilograms (KG). This unit is used to measure and track the weight of the seed being imported or exported.
There are several special tariff preference programs available for sugar beet seed under HS code 12091000. These programs provide certain countries with preferential treatment in terms of duty rates. Here are some of the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade and economic development between the countries involved, by providing them with favorable duty rates for sugar beet seed imports.
While the HS code 12091000 applies to sugar beet seed imports and exports in the United States, the specific states involved in these trade activities can vary. Based on the available data, the importing US states for sugar beet seed under this HS code are Kansas and North Dakota. On the other hand, the exporting US states are North Dakota and Washington.
These states play a significant role in the trade of sugar beet seed, either as importers or exporters. The data suggests that Kansas is a major importer of sugar beet seed, while North Dakota is both an importer and exporter. Washington, on the other hand, primarily serves as an exporter of sugar beet seed.
The HS code 12091000 is an important classification for sugar beet seed used for sowing. It allows for the tracking and regulation of the import and export of this agricultural input. Understanding the HS code and its implications, including the duty rates and special tariff preference programs, is crucial for businesses and governments involved in international trade.
As trade barriers continue to evolve, it is essential to stay updated with the latest regulations and trade agreements to navigate the global market effectively. The HS code system provides a standardized framework for classifying products and facilitating international trade.