HS Code 09062000: Cinnamon and cinnamon-tree flowers, crushed or ground
Cinnamon is a popular spice used in various cuisines around the world. It is obtained from the bark of trees belonging to the genus Cinnamomum. The spice is known for its distinct aroma and flavor, which adds a unique taste to both sweet and savory dishes.
HS Code 09062000 specifically refers to cinnamon and cinnamon-tree flowers that have been crushed or ground. This code is used in international trade to classify and categorize products for customs purposes. It helps in determining the appropriate duties and tariffs that need to be applied when importing or exporting these goods.
The bound and MFN (Most Favored Nation) duty rate for HS Code 09062000 is free. This means that no duties or tariffs are imposed on the importation or exportation of cinnamon and cinnamon-tree flowers in this form. This is applicable every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for goods or services from all trading partners.
The quantity unit for HS Code 09062000 is kilograms (KG). This unit of measurement is commonly used to determine the weight of the product being imported or exported.
There are also special tariff preference programs available for cinnamon and cinnamon-tree flowers under HS Code 09062000. Some countries offer preferential treatment, allowing duty-free imports or exports. These countries include Australia (A*), Bahrain (BH), Canada (CA) under NAFTA (North American Free Trade Agreement), Chile (CL), European Union (E), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico under NAFTA, Oman (OM), Peru (P), Singapore (SG), among others.
These special tariff preference programs aim to promote trade and economic cooperation between countries. By providing duty-free treatment, they encourage the importation and exportation of cinnamon and cinnamon-tree flowers, making it more accessible and affordable for businesses and consumers.
In terms of importing, the United States receives cinnamon and cinnamon-tree flowers from various countries. The specific states in the US that import these products may vary, but they include major ports and distribution centers such as California, New York, Texas, and Florida.
On the other hand, the exporting of cinnamon and cinnamon-tree flowers from the US to other countries is also significant. The US is known for its high-quality cinnamon products, and it exports to countries around the world. Some of the major exporting states in the US include California, Oregon, Washington, and Hawaii.
Overall, HS Code 09062000 plays a crucial role in international trade by classifying and facilitating the importation and exportation of cinnamon and cinnamon-tree flowers. The free duty rate, along with special tariff preference programs, promotes trade and economic growth between countries. It ensures fair treatment for all trading partners and contributes to the availability and accessibility of this popular spice worldwide.
More on HS code 09062000
