Clam juice falls under HS Code 16030010, which is used to classify this specific product for international trade purposes. In this article, we will delve into the details of this HS code and explore various aspects related to clam juice imports and exports.
Clam juice is a liquid extracted from clams, primarily used as an ingredient in various culinary preparations. It is known for its distinct flavor and is often used as a base for soups, sauces, and seafood dishes.
The bound / MFN (Most Favored Nation) duty rate for HS Code 16030010 is 8.5%. This means that every time 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. The 8.5% duty rate is applicable for imports of clam juice across countries, ensuring a standardized trade environment.
The quantity unit for measuring clam juice imports and exports is kilograms (KG). This unit of measurement enables accurate tracking and calculation of the volume of clam juice being traded internationally.
Clam juice imports may be eligible for special tariff preference programs, which can reduce or eliminate the duty rates imposed on the product. The following special tariff preference programs apply to HS Code 16030010:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing certain benefits and incentives for qualifying products.
While clam juice is imported into various states in the United States, South Dakota is one of the prominent destinations for this product. Import data suggests that South Dakota receives significant quantities of clam juice imports.
On the other hand, clam juice exports from the United States are primarily sourced from the state of Maine. Maine is known for its abundant clam resources and plays a crucial role in meeting the international demand for clam juice.
HS Code 16030010 represents clam juice in international trade. It is important for importers, exporters, and traders to be aware of the specific code, duty rates, and special tariff preference programs associated with this product. Understanding these details can facilitate smooth and cost-effective trade transactions and promote global commerce.