If you have ever enjoyed a delicious liqueur or cordial, you may be interested to know more about the product and the international trade regulations surrounding it. In this article, we will explore the HS Code 22087000, which covers the classification of liqueurs and cordials, and discuss various aspects of this code, including duty rates, quantity units, special tariff preference programs, and the importing and exporting states in the United States.
Liqueurs and cordials are alcoholic beverages that are typically sweet and flavored. They are often used as aperitifs, digestifs, or as ingredients in cocktails. Examples of popular liqueurs and cordials include Baileys Irish Cream, Amaretto, and Grand Marnier. These products are classified under the HS Code 22087000.
The bound / MFN (Most Favored Nation) duty rate for HS Code 22087000 is free. This means that countries are not required to impose any tariffs or duties on the importation of liqueurs and cordials. It is important to note 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.
The quantity unit used for measuring liqueurs and cordials is proof liters (PFL). This unit helps in determining the alcohol content of the product. It is essential for regulatory purposes and international trade calculations.
There are several special tariff preference programs associated with HS Code 22087000. These programs offer different duty rates based on the importing country and its relationship with the exporting country. The following are some of the special tariff preference programs and their corresponding duty rates:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products.
When it comes to the United States, there are certain states that are known for importing and exporting liqueurs and cordials. The following states are major importers:
On the other hand, Arkansas is a major exporter of liqueurs and cordials from the United States.
HS Code 22087000 covers the classification of liqueurs and cordials in international trade. Understanding this code, along with the associated duty rates, quantity units, special tariff preference programs, and importing and exporting states, is crucial for businesses and individuals involved in the import and export of these delightful beverages.