HS Code 07133340: A Comprehensive Guide to Dried Kidney Beans
Dried kidney beans are a popular and nutritious legume that can be used in a variety of culinary preparations. In this article, we will delve into the details of HS Code 07133340, which specifically refers to dried kidney beans, including white pea beans, that are shelled. This HS code applies when the beans are either entered into the country between September 1 and April 30 or withdrawn for consumption at any time.
HS Code 07133340 falls under a bound / MFN (Most Favored Nation) duty rate of 1.5 cents per kilogram (KG). It is important to note that the MFN duty rate is applicable every time a country lowers a trade barrier or opens up a market. This principle ensures that all trading partners are treated equally when it comes to the importation of goods or services.
The quantity unit for dried kidney beans under HS Code 07133340 is kilograms (KG). This unit of measurement is commonly used in international trade to facilitate accurate and standardized quantity calculations.
Additionally, dried kidney beans under HS Code 07133340 are eligible for various special tariff preference programs. These programs offer preferential treatment in terms of duty rates or even duty-free treatment for importers. The countries that provide these special tariff preferences for dried kidney beans include:
- Australia (Special Rate)
- Bahrain (Special Rate)
- Canada (NAFTA - duty-free treatment)
- Chile (Special Rate)
- Caribbean Basin Initiative (CBI)
- Israel (Special Rate - duty-free treatment)
- Andean Trade Preference Act (ATPA)
- Jordan (Special Rate)
- Morocco (Special Rate)
- Mexico (NAFTA - duty-free treatment)
- Oman (Special Rate)
- Dominican Republic-Central American (DR-CAFTA)
- Peru (Special Rate)
- Singapore (Special Rate)
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing incentives to importers and exporters. Importers from the mentioned countries can benefit from reduced or eliminated duty rates, making the importation of dried kidney beans more cost-effective.
In terms of importing dried kidney beans under HS Code 07133340, data shows that the state of North Dakota in the United States is the primary importer. North Dakota has shown consistent demand for dried kidney beans, indicating their popularity and usage within the state.
On the other hand, Montana is the leading exporter of dried kidney beans to various destinations. The state of Montana has established itself as a reliable source for high-quality dried kidney beans, meeting the demand of both domestic and international markets.
To conclude, HS Code 07133340 encompasses dried kidney beans, including white pea beans, that are shelled. Understanding this HS code is crucial for importers, exporters, and anyone involved in the trade of dried kidney beans. The special tariff preference programs and the specific import-export data provide valuable insights into the market dynamics of dried kidney beans. Whether you are a consumer or a trader, this comprehensive guide to HS Code 07133340 will help you navigate the world of dried kidney beans with confidence.
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