HS Code 20081125 - Blanched Peanuts
Blanched peanuts are a popular and widely consumed snack, loved by people of all ages across the world. They are a versatile ingredient used in various culinary creations, ranging from sweets to savory dishes. In this article, we will explore the details of HS Code 20081125, which specifically pertains to blanched peanuts.
Product Description:
HS Code 20081125 refers to blanched peanuts that are subject to additional regulations mentioned in US Note 2 to Chapter 12, but not subject to Global Note 15. Blanched peanuts are those that have had their skin removed, resulting in a smooth and creamy texture.
Bound / MFN Duty Rate:
The bound or most-favored-nation (MFN) duty rate for blanched peanuts under HS Code 20081125 is 6.6 cents per kilogram (KG). It is important to note that this duty rate applies every time a country lowers a trade barrier or opens up a market. This principle ensures that all trading partners receive the same treatment for the same goods or services.
Quantity Unit:
The quantity unit for blanched peanuts under HS Code 20081125 is kilograms (KG). This unit is commonly used in international trade to measure the weight of goods during import and export processes.
Special Tariff Preference Programs:
Blanched peanuts under HS Code 20081125 are eligible for various special tariff preference programs. These programs provide preferential treatment, such as duty-free treatment, to certain countries. The following programs are applicable to blanched peanuts:
1. Generalized System of Preferences (GSP): Blanched peanuts receive duty-free treatment under the GSP program. This program aims to promote economic growth in developing countries by granting them preferential access to developed country markets.
2. Bahrain Special Rate: Blanched peanuts enjoy duty-free treatment when imported from Bahrain.
3. NAFTA for Canada: Blanched peanuts receive duty-free treatment when imported from Canada under the North American Free Trade Agreement (NAFTA).
4. Chile Special Rate: Blanched peanuts enjoy duty-free treatment when imported from Chile.
5. Africa Growth and Opportunity Act (AGOA): Blanched peanuts receive duty-free treatment under the AGOA program. This program promotes trade and economic development between the United States and eligible African countries.
6. Caribbean Basin Initiative (CBI): Blanched peanuts enjoy duty-free treatment when imported from countries participating in the CBI program. This initiative aims to promote economic development and reduce poverty in the Caribbean region.
7. Israel Special Rate: Blanched peanuts receive duty-free treatment when imported from Israel.
8. Andean Trade Preference Act (ATPA): Blanched peanuts enjoy duty-free treatment when imported from countries eligible under the ATPA program. This program aims to promote economic growth and strengthen democracy in the Andean region.
9. Jordan Special Rate: Blanched peanuts receive duty-free treatment when imported from Jordan.
10. Morocco Special Rate: Blanched peanuts enjoy duty-free treatment when imported from Morocco.
11. Oman Special Rate: Blanched peanuts receive duty-free treatment when imported from Oman.
12. Dominican Republic-Central American Special Rate (DR-CAFTA): Blanched peanuts enjoy duty-free treatment when imported from countries participating in the DR-CAFTA program. This program aims to promote trade and economic integration between the United States and the Central American region.
13. Peru Special Rate: Blanched peanuts receive duty-free treatment when imported from Peru.
14. Singapore Special Rate: Blanched peanuts enjoy duty-free treatment when imported from Singapore.
Importing US States:
Blanched peanuts under HS Code 20081125 can be imported into the United States. While the specific states importing these peanuts are not mentioned in the available data, it is safe to assume that blanched peanuts are imported by various states across the country.
Exporting US States:
The data does not provide information about the states within the United States that export blanched peanuts under HS Code 20081125. However, it is worth noting that the United States is one of the major exporters of peanuts globally, supplying peanuts to various countries around the world.
HS Code 20081125 pertains to blanched peanuts, which are widely consumed and loved by consumers worldwide. This article delves into the details of the HS code, including product description, duty rates, quantity unit, and special tariff preference programs. Blanched peanuts under this HS code enjoy duty-free treatment under several programs, promoting trade and economic development.
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