Tonka beans, classified under HS Code 12119060, are a distinctive product widely used in various industries such as perfumery, pharmacy, and pest control. With their unique aroma and versatile properties, these beans have gained popularity among professionals and enthusiasts alike.
Tonka beans, also known by their scientific name Dipteryx odorata, are seeds derived from the Tonka tree, native to South America. These beans are primarily used for their fragrance, medicinal properties, and insecticidal or fungicidal characteristics. They possess a warm, sweet, and vanilla-like scent, making them a valuable ingredient in the fragrance industry.
In the pharmacy sector, Tonka beans are utilized for their medicinal properties. They contain coumarin, a natural compound known for its anticoagulant and anti-inflammatory effects. Coumarin is used in the production of various pharmaceutical products, including anticoagulant medications and anti-inflammatory creams.
Furthermore, Tonka beans have insecticidal and fungicidal properties, making them useful in pest control. The beans naturally repel insects and are effective in preventing fungal growth. This characteristic makes them an eco-friendly alternative to synthetic pesticides and fungicides.
The bound/MFN (Most Favored Nation) duty rate for HS Code 12119060 is 6.6 cents per kilogram (kg). This duty rate is applicable whenever a country lowers a trade barrier or opens up a market, ensuring equal treatment for the same goods or services from all trading partners.
The quantity unit for Tonka beans is kilograms (kg). This standardized unit of measurement facilitates international trade and ensures accurate calculation of import and export quantities.
Tonka beans enjoy special tariff preference programs in several countries. The following countries provide preferential treatment for Tonka beans:
These special tariff preference programs aim to promote trade and provide economic benefits to both importing and exporting countries.
Tonka beans are imported and exported to various states within the United States. The specific importing and exporting states may vary based on market demand and trade relationships.
When importing Tonka beans, it is crucial to comply with the regulations and requirements set by the relevant authorities. Importers should ensure adherence to customs procedures, including proper documentation, quality standards, and compliance with phytosanitary regulations to prevent the introduction of pests or diseases.
On the other hand, exporters should follow international trade guidelines, including accurate classification under the appropriate HS Code, proper packaging, and labeling. Adhering to these guidelines enhances efficiency and promotes smooth trade transactions.
Tonka beans, classified under HS Code 12119060, are a highly versatile product used in perfumery, pharmacy, and pest control. Their unique fragrance, medicinal properties, and insecticidal/fungicidal characteristics make them a valuable ingredient in various industries. With the support of special tariff preference programs, Tonka beans continue to contribute to international trade and economic growth.