Protein concentrates and textured protein substances are essential components in the food industry. These products, classified under HS Code 21061000, play a vital role in various food applications due to their high protein content. In this article, we will explore the details of this HS code, including its description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 21061000 encompasses protein concentrates and textured protein substances. Protein concentrates are ingredients derived from various sources, including plants and animals. These concentrates are made by extracting protein from the raw materials and removing other components such as fats and carbohydrates. Textured protein substances, on the other hand, refer to processed proteins that have been modified to have a specific texture, often resembling meat or other animal-based products.
Protein concentrates and textured protein substances are used extensively in the food industry. They are valuable ingredients in the production of meat substitutes, health supplements, bakery products, and dairy alternatives. These products provide a concentrated source of protein, making them popular among consumers seeking to incorporate more protein into their diets.
The bound / MFN (Most Favored Nation) duty rate for HS Code 21061000 is 6.4%. This duty rate applies every time a country lowers a trade barrier or opens up a market. It requires the country to provide the same treatment to all its trading partners for the same goods or services. The duty rate is applied to the value of the imported protein concentrates and textured protein substances.
The quantity unit for HS Code 21061000 is kilograms (KG). This means that the weight of the imported or exported protein concentrates and textured protein substances is measured in kilograms. This standard unit allows for easy and consistent measurement of the products during international trade.
Several special tariff preference programs offer preferential treatment for imports of protein concentrates and textured protein substances under HS Code 21061000. These programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties. The special tariff preference programs applicable to this HS code include:
These special tariff preference programs aim to facilitate trade between countries and promote economic growth. By providing favorable duty rates or duty-free treatment, they encourage the importation of protein concentrates and textured protein substances, benefiting both producers and consumers.
The importing and exporting of protein concentrates and textured protein substances under HS Code 21061000 involve various US states. However, based on the provided data, the article focuses on the state of Hawaii as the primary location for these activities. Hawaii serves as both an importer and exporter of these products, indicating its active participation in the global trade of protein concentrates and textured protein substances.
HS Code 21061000 covers protein concentrates and textured protein substances, which are widely used in the food industry. These products provide a concentrated source of protein and play a crucial role in various food applications. The duty rates, quantity unit, and special tariff preference programs associated with this HS code contribute to the facilitation of international trade. With Hawaii being a significant player in importing and exporting these goods, it highlights the importance of this state in the global protein market.