The HS Code 08021200 represents a specific product category in international trade - almonds, either fresh or dried, and shelled. This code is used by customs authorities and traders to classify and track the movement of goods across borders. Understanding the details of this HS code is essential for importers, exporters, and policymakers involved in the global almond trade.
Almonds falling under HS Code 08021200 refer to both fresh and dried almonds that have been shelled. Almonds are widely consumed around the world due to their nutritional value and versatile uses in various cuisines. With this HS code, customs officials can easily identify and categorize almond shipments.
The bound or most-favored-nation (MFN) duty rate for almonds under HS Code 08021200 is 24 cents per kilogram (KG). This rate represents the standard duty that should be applied to almond imports from any country. It ensures fair and equal treatment for all trading partners, promoting transparency and non-discrimination in international trade.
Whenever a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. This principle, known as the most-favored-nation principle, ensures that countries do not show preferential treatment to specific trading partners.
The quantity unit used for almonds under HS Code 08021200 is kilograms (KG). This unit helps to measure and track the weight of almond shipments accurately. Whether importing or exporting almonds, traders and customs authorities use this unit to determine the quantity and value of the goods being traded.
Almond imports under HS Code 08021200 may qualify for various special tariff preference programs, granting preferential treatment or duty-free access. Here are some notable programs:
Almond imports under HS Code 08021200 are received by several US states, including New Jersey and Virginia. These states serve as key entry points for almond shipments, facilitating their distribution and domestic consumption.
When it comes to almond exports, California is a major player. Known for its fertile agricultural lands, California produces a significant portion of the world's almonds and exports them to various destinations. Its favorable climate and extensive almond orchards make it a prime region for almond cultivation and trade.
the HS Code 08021200 represents almonds, whether fresh or dried, and shelled. Importers, exporters, and policymakers in the almond industry should be familiar with this code to ensure proper classification, track trade statistics, and benefit from any applicable special tariff preference programs. Understanding the specific details and regulations associated with this HS code is crucial for a smooth and efficient international almond trade.