Candied nuts are a popular treat enjoyed by people all over the world. They are delicious, crunchy, and often coated in a sweet glaze that adds an extra layer of flavor. If you are in the business of importing or exporting candied nuts, it is important to understand the HS code 17049010 and its associated regulations.
HS code 17049010 refers specifically to candied nuts that do not contain cocoa. This means that any nuts that have been candied or coated with a sweet glaze, but do not include cocoa as an ingredient, fall under this HS code. Examples of such nuts include candied almonds, candied peanuts, candied walnuts, and more.
The bound or most-favored-nation (MFN) duty rate for HS code 17049010 is 4.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. Importers of candied nuts under this HS code are subject to a 4.5% duty rate.
The quantity unit for HS code 17049010 is kilograms (KG). This means that the weight of the candied nuts being imported or exported should be measured and declared in kilograms.
There are various special tariff preference programs available for imports of candied nuts under HS code 17049010. These programs provide preferential treatment in terms of duty rates or duty-free treatment. Some of the notable programs are:
These programs provide various benefits such as duty-free treatment for imports from least-developed beneficiary developing countries, special rates for specific countries (e.g., Australia, Bahrain, Chile, Israel, Jordan, Morocco, Oman, Peru), and preferential treatment under trade agreements like NAFTA for Canada, NAFTA for Mexico, African Growth and Opportunity Act (AGOA), Caribbean Basin Initiative (CBI), Andean Trade Preference Act (ATPA), and Dominican Republic-Central American Special Rate (DR-CAFTA).
When importing candied nuts under HS code 17049010 to the United States, the Virgin Islands is listed as an importing state. This means that the candied nuts can be imported to the Virgin Islands from other countries.
As for exporting from the United States, the specific exporting states are not mentioned in the provided data. It is recommended to consult the relevant trade authorities or refer to specific trade agreements to determine the exporting states for candied nuts under HS code 17049010.
HS code 17049010 is used to classify candied nuts that do not contain cocoa. Importers and exporters of these products need to be aware of the associated duty rate, quantity unit, and special tariff preference programs. By understanding and complying with the regulations, businesses can facilitate smooth and compliant international trade of candied nuts.