Okra, also known as lady's finger, is a popular vegetable worldwide due to its nutritional value and versatility in cooking. It is classified under HS Code 07099014, which specifically refers to fresh or chilled okra.
When importing okra into the United States, it is important to understand the various aspects related to its trade. One such aspect is the bound or most-favored-nation (MFN) duty rate, which stands at 20%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for okra imports is measured in kilograms (KG). This unit is commonly used in international trade to ensure consistency and accuracy in recording the amount of goods being imported.
There are also special tariff preference programs available for importing okra under HS Code 07099014. These programs offer reduced or eliminated duty rates for certain countries. The following are the special tariff preference programs applicable to okra imports:
Under these special tariff preference programs, countries like Bahrain, Canada, Chile, Israel, Jordan, Morocco, Mexico, Oman, the Dominican Republic, and Peru enjoy either duty-free treatment or reduced duty rates when importing okra.
When it comes to the United States, specific states have been identified as major importers of okra. These states include Arizona and New Mexico. The demand for fresh or chilled okra in these states may be attributed to factors such as cultural preferences, agricultural conditions, and local consumption patterns.
HS Code 07099014 represents fresh or chilled okra in international trade. Importing okra into the United States entails understanding the bound duty rate, quantity unit, and special tariff preference programs. By taking advantage of these programs, importers can benefit from reduced or eliminated duty rates, promoting international trade and ensuring a steady supply of this nutritious vegetable.