The HS Code 23025000 refers to a specific category of products: bran, sharps (middlings), and other residues derived from the sifting, milling, or other working of leguminous plants. Leguminous plants belong to the Fabaceae family and include various types of beans, peas, lentils, and other similar plants. This HS code is used to classify and regulate the international trade of these specific plant residues.
The products falling under HS Code 23025000 are commonly used in different industries and applications. They are often utilized as animal feed, providing essential nutrients and fiber for livestock such as cows, pigs, and poultry. Additionally, these residues can be processed further to extract valuable components or used as organic fertilizers for agricultural purposes.
The United States is both an importer and exporter of products classified under HS Code 23025000. The importing US states include Virgin Islands, District of Columbia, and Nevada. These states have a significant demand for these leguminous plant residues, either for domestic consumption or further distribution to other regions within the country.
On the exporting side, Arkansas and Alaska are two US states involved in the international trade of bran, sharps, and other residues from leguminous plants. These states have ample production capabilities and supply these products to various countries around the world.
The bound / MFN duty rate for HS Code 23025000 is 1.4%. This duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment.
However, there are several special tariff preference programs in place that offer duty-free treatment for imports classified under HS Code 23025000. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment to specific imports.
HS Code 23025000 encompasses bran, sharps, and other residues derived from the working of leguminous plants. These products have various applications, including animal feed and organic fertilizers. The United States is involved in both importing and exporting these products, with specific states playing significant roles in the trade. Duty rates apply to imports, but special tariff preference programs offer duty-free treatment for eligible countries. Understanding and complying with the regulations surrounding HS Code 23025000 is essential for businesses engaged in the international trade of these leguminous plant residues.