Dried split peas, shelled fall under the HS Code 07131020. This code is used to classify and identify specific goods for international trade purposes. In this article, we will explore the details of this HS code and provide additional information about the product description, duty rates, quantity units, and special tariff preference programs associated with it.
The product described by HS Code 07131020 is dried split peas that have been shelled. Split peas are legumes that are obtained by removing the outer skin of peas and then drying them. These peas are commonly used in cooking, especially in soups, stews, and various traditional dishes around the world.
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 07131020 is free. This means that countries do not impose any import duties or taxes on these goods. It is important to note that when 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. This principle ensures fair and equal treatment in international trade.
The quantity unit for HS Code 07131020 is kilograms (KG). This means that the trade and measurement of dried split peas, shelled are typically done in kilograms. It is a standardized unit of measurement used globally to facilitate accurate and consistent trade transactions.
There are several special tariff preference programs that provide duty-free treatment for products classified under HS Code 07131020. These programs are designed to promote economic development, enhance trade relations, and provide preferential treatment to specific countries. The following countries and programs offer special rates for importing dried split peas, shelled:
When it comes to importing dried split peas, shelled classified under HS Code 07131020, the state of North Dakota in the United States is a significant destination. However, the data does not provide information about the exporting states within the US. Further analysis and data collection would be required to determine the major exporting states for this product.
HS Code 07131020 represents dried split peas, shelled in international trade. The code helps in classifying and identifying the specific product for customs and trade purposes. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code is crucial for businesses and individuals involved in international trade.