The HS Code 16022020 refers to the classification of prepared or preserved liver of goose. This code is used to identify and classify this specific product for international trade purposes. Understanding the HS Code is crucial for importers, exporters, and customs officials to ensure proper documentation and compliance with trade regulations.
The product description clearly states that the HS Code 16022020 pertains to prepared or preserved liver of goose. This means that the liver of goose has undergone some form of preparation or preservation before being traded internationally. It is important to note that this code specifically applies to goose liver and not other types of liver.
The quantity unit for this product is kilograms (KG). This means that the weight of the product is measured in kilograms when it is being traded. It is essential for importers and exporters to accurately determine the weight of the goods to calculate shipping costs and comply with trade regulations.
The bound/MFN duty rate for this product is 4.9 cents/kg. The bound duty rate refers to the maximum tariff rate that a country can impose on this product. The MFN (Most Favored Nation) duty rate is applicable when a country lowers a trade barrier or opens up a market for the same goods or services from all its trading partners. This means that the duty rate of 4.9 cents/kg applies to all countries that trade this product with the country imposing this tariff.
In addition to the standard duty rate, there are also special tariff preference programs available for this product. These programs offer preferential treatment in terms of duty rates to specific countries or regions. The following special tariff preference programs apply to HS Code 16022020:
These special rates vary depending on the country or region of origin. Importers and exporters should consult the specific regulations and agreements for each program to determine the applicable duty rates.
When it comes to importing this product into the United States, the following states have been identified as major importers:
These states have shown a significant demand for prepared or preserved liver of goose, indicating potential market opportunities for exporters targeting these regions.
HS Code 16022020 represents prepared or preserved liver of goose. This code is used to classify and identify the product for international trade purposes. Importers and exporters must be aware of the specific HS Code and associated regulations to ensure compliance and facilitate smooth trade transactions. Additionally, understanding the special tariff preference programs and major importers can provide valuable insights for businesses operating in the global market.