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HS Codes and Export Classifications

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HS Codes and Export Classifications. Richard Fritz/Michael Zerr. USMEF ... Hong Kong PVM: 11,000 MT. Mexico PVM: 7,000 MT. Mexico BVM: 32,000 MT ... MAP ... – PowerPoint PPT presentation

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Title: HS Codes and Export Classifications


1
HS Codes and Export Classifications
  • Richard Fritz/Michael Zerr
  • USMEF Staff

2
How HS Codes Work
  • Harmonized System codes (HS codes)
  • Meat 02, Frozen Boneless Beef 020230
  • U.S. Exports of Beef and BVM
  • 0201 fresh beef
  • 0202 frozen beef
  • 0206 offal
  • 1602 processed
  • HS codes harmonized globally at 6-digits

3
U.S. Exports vs. HK ImportsPork and PVM (MT)
4
Why a Difference?
  • Time lag
  • Smuggling
  • Poor records
  • Misclassification
  • HS 0504 Guts, Etc., Not of Fish
  • Hog Guts, Bladders, Stomachs
  • Frozen Beef Tripe
  • Frozen Pork Intestines
  • Frozen Beef Intestines

5
U.S. Exports vs. HK Imports
6
Adding HS 0504
7
Adding HS 0504 to BVM Exports
Increase of 63,000 MT in 2000
8
Adding HS 0504 to PVM Exports
Increase of 24,000 MT in 2000
9
Revisions to Major Markets
  • Hong Kong PVM 11,000 MT
  • Mexico PVM 7,000 MT
  • Mexico BVM 32,000 MT
  • Japan BVM 22,000 MT

10
What to do Going Forward
  • USMEF will revise historical data and forecasts
    to account for HS 0504
  • USMEF will develop classification guidelines
  • More accurate export data
  • More accurate market share estimates
  • Could increase MAP funds
  • HS 0504 equals 150 million in 2000, 3 increase
    in the value of red meat exports

11
What to do Going Forward
  • More detailed HS codes
  • Would identify exports at a primal or cut level
    vs current system
  • Fresh vs. frozen
  • Carcass, bone-in, boneless
  • Generates better export date
  • Trends by cut, Value of exports
  • Better information for market access issues
  • Reduces the chance of import misclassification

12
Any Questions?
  • Contact Michael Zerr
  • Trade Analyst
  • 303-623-6328
  • mzerr_at_usmef.org
  • Visit usmef.org
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