Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 89020000: Vessels, fishing; factory ships and other vessels for processing or preserving fishery products

The HS Code 89020000 refers to vessels used in the fishing industry, including factory ships and other vessels used for processing or preserving fishery products. This code is used to classify and regulate the import and export of these types of vessels.

When it comes to international trade, countries often impose trade barriers or tariffs on imported goods. However, with the HS Code 89020000, there is a bound or MFN (Most Favored Nation) duty rate of free. 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.

The quantity unit for vessels under HS Code 89020000 is measured in numbers (NO), which indicates the number of vessels being imported or exported.

There are also several special tariff preference programs that offer free trade benefits for vessels classified under HS Code 89020000. These programs include:

• Generalized System of Preferences (GSP): This program provides duty-free treatment for eligible countries.
• Australia Special Rate
• Bahrain Special Rate
• NAFTA for Canada: This program offers duty-free treatment for vessels traded between Canada and the United States.
• Chile Special Rate
• Caribbean Basin Initiative (CBI)
• Israel Special Rate: This program provides duty-free treatment for vessels traded between Israel and the United States.
• Andean Trade Preference Act (ATPA)
• Jordan Special Rate
• Morocco Special Rate
• NAFTA for Mexico: This program offers duty-free treatment for vessels traded between Mexico and the United States.
• Oman Special Rate
• Dominican Republic-Central American Special Rate (DR-CAFTA)
• Peru Special Rate
• Singapore Special Rate

When it comes to importing vessels under HS Code 89020000, the data shows that the state of Florida is the primary importing state within the United States.

As for the exporting states within the United States, the data indicates that Florida, Rhode Island, and the Virgin Islands are the main exporters of vessels classified under HS Code 89020000. This data highlights the importance of these states in the fishing industry and their involvement in international trade.

the HS Code 89020000 represents vessels used in the fishing industry, including factory ships and other vessels for processing or preserving fishery products. This code is used to classify and regulate the import and export of these vessels. With a bound or MFN duty rate of free, countries must provide the same trade benefits to all their trading partners. Additionally, there are special tariff preference programs that offer duty-free treatment for vessels traded between specific countries. The data also reveals the significance of Florida, Rhode Island, and the Virgin Islands in both importing and exporting vessels under HS Code 89020000.