Ginger is a popular spice that is used in various cuisines around the world. It adds a unique flavor and aroma to dishes and is known for its numerous health benefits. HS Code 20089963 specifically refers to sweet ginger that has been prepared or preserved in a particular way.
When it comes to international trade, HS codes play a crucial role in classifying products for customs and tariff purposes. Each HS code represents a specific product, allowing countries to regulate imports and exports effectively. HS Code 20089963 is used to identify and categorize sweet ginger that has been processed or preserved in a specific manner.
The bound or most-favored-nation (MFN) duty rate for HS Code 20089963 is 4.4%. This means that whenever 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 duty rate ensures fair trade practices and equal treatment for all countries involved in international commerce.
The quantity unit for HS Code 20089963 is kilograms (KG). This unit of measurement is used to determine the weight of the sweet ginger being imported or exported.
There are also special tariff preference programs available for HS Code 20089963. These programs offer preferential treatment or duty-free access to certain countries. The following countries benefit from special tariff rates for sweet ginger:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products. By taking advantage of these programs, importers and exporters can benefit from lower costs and increased market access.
When it comes to importing sweet ginger under HS Code 20089963, certain US states are more involved in this trade. The main importing states for sweet ginger include Hawaii and Idaho. These states have a higher demand for this product, possibly due to their culinary preferences or local industries that utilize sweet ginger in their products.
On the other hand, the exporting states for sweet ginger under HS Code 20089963 may vary depending on the origin of the product. However, specific information regarding the exporting states is not provided in the given data.
HS Code 20089963 represents sweet ginger that has been prepared or preserved in a particular manner. This code plays a crucial role in classifying and regulating the import and export of sweet ginger. The bound duty rate ensures fair trade practices, while special tariff preference programs offer benefits to specific countries. By understanding and utilizing these codes and programs, importers and exporters can navigate international trade effectively and take advantage of market opportunities.