Sparkling wine, made from grapes, falls under HS Code 22041000. This article will provide an extensive overview of this product, including its description, duty rates, quantity unit, and special tariff preference programs. We will also discuss the importing and exporting US states for this particular HS code.
HS Code 22041000 refers to sparkling wine that is made from grapes. Sparkling wine is a type of wine that contains significant levels of carbon dioxide, resulting in bubbles and a fizzy texture. It is typically produced using the traditional method or the Charmat method, depending on the desired style and quality.
The bound or MFN (Most Favored Nation) duty rate for sparkling wine under HS Code 22041000 is 19.8 cents per liter. This means that every time 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. It is important to note that duty rates may vary depending on the country of import.
The quantity unit for sparkling wine under HS Code 22041000 is liters (L). This unit of measurement is commonly used to determine the volume of liquid products, including beverages like wine. When importing or exporting sparkling wine, it is essential to calculate the quantity accurately to comply with trade regulations.
Sparkling wine under HS Code 22041000 may be eligible for special tariff preference programs, depending on the country of import. These programs offer reduced or duty-free rates to promote trade and economic cooperation. The following countries have specific tariff rates for sparkling wine:
These special tariff preference programs provide opportunities for importers and exporters to benefit from reduced duty rates, making trade more economically viable.
When it comes to importing sparkling wine under HS Code 22041000, the following US states are known to be major importers:
These states have a significant demand for sparkling wine and actively engage in trade activities related to this product.
On the other hand, the following US states are prominent exporters of sparkling wine under HS Code 22041000:
These states produce and export sparkling wine to meet the global demand for this delightful beverage.
HS Code 22041000 represents sparkling wine made from grapes. This article provided an extensive overview of this product, including its description, duty rates, quantity unit, and special tariff preference programs. Additionally, we discussed the major importing and exporting US states for sparkling wine. Understanding the details of HS Code 22041000 is essential for businesses and individuals involved in the international trade of sparkling wine.