HS Code 07135020 refers to dried broad beans and horse beans that have been shelled. This code is used to classify and track the import and export of these specific products. Understanding the HS code is important for importers, exporters, and customs officials to ensure the correct classification and appropriate duties are applied.
Dried broad beans and horse beans are legume crops widely cultivated for their nutritional value and versatility in various cuisines around the world. Shelling the beans refers to removing their outer covering before they are dried. This process makes them easier to cook and consume.
When it comes to international trade, the HS code plays a crucial role in determining the tariffs and duties imposed on these products. The bound or MFN duty rate for HS Code 07135020 is 1.2 cents per kilogram. This rate applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for all trading partners.
Importing and exporting quantities of dried broad beans and horse beans are typically measured in kilograms (KG). This unit of measurement helps in accurately assessing the quantity and value of the goods being traded.
There are also special tariff preference programs that provide exemptions or reduced rates for this HS code. For example, the following countries have free trade agreements or special rates for dried broad beans and horse beans:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating duties on specific goods. Importers and exporters should take advantage of these programs to facilitate smoother and more cost-effective trade.
In terms of the specific trade routes for dried broad beans and horse beans under HS Code 07135020, the available data indicates the following importing and exporting US states:
These trade routes highlight the regional distribution of these products within the United States. Importers and exporters in these states can benefit from the trade opportunities associated with dried broad beans and horse beans.
Overall, HS Code 07135020 provides a clear classification for dried broad beans and horse beans that have been shelled. Understanding the code, its associated duties, and special tariff preference programs can help importers and exporters navigate the international trade landscape more effectively. Additionally, knowing the specific trade routes for these products can support businesses in identifying potential partners and markets for their goods.