Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 12081000: Flours and Meals of Soybeans

Flours and meals of soybeans fall under the HS Code 12081000. This code is used to classify and identify these specific products for international trade purposes. In this article, we will explore the details and information related to this HS code.

Product Description

The HS code 12081000 represents flours and meals made from soybeans. Soybeans are a versatile crop that is widely grown and utilized for various purposes, including food production. The flours and meals derived from soybeans have a wide range of applications in the culinary world and are commonly used as ingredients in baking and cooking.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate for HS Code 12081000 is 1.9%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate for the import of flours and meals of soybeans from all its trading partners.

Quantity Unit

The quantity unit for HS Code 12081000 is kilograms (KG). This unit is used to measure the weight of the imported or exported flours and meals of soybeans.

Special Tariff Preference Programs

Flours and meals of soybeans under HS Code 12081000 are eligible for various special tariff preference programs. These programs provide specific benefits and exemptions to certain countries. The following are some of the special tariff preference programs applicable to this HS code:

• Free Trade Agreement (FTA): Imports from countries with which the United States has a free trade agreement, such as Australia, Bahrain, Canada (NAFTA), Chile, and Singapore, are eligible for duty-free treatment.
• Generalized System of Preferences (GSP): Least-developed beneficiary developing countries under this subheading can enjoy duty-free treatment for their imports of flours and meals of soybeans.
• Africa Growth and Opportunity Act (AGOA): Countries eligible under AGOA can also benefit from duty-free treatment for their imports of these products.
• Caribbean Basin Initiative (CBI): Countries included in the CBI program can avail duty-free treatment for their imports of flours and meals of soybeans.
• Andean Trade Preference Act (ATPA): Countries eligible under ATPA can enjoy duty-free treatment for their imports of these products.
• Israel Special Rate: Imports from Israel can receive duty-free treatment under this special rate.
• Jordan Special Rate: Imports from Jordan can receive duty-free treatment under this special rate.
• Morocco Special Rate: Imports from Morocco can receive duty-free treatment under this special rate.
• Oman Special Rate: Imports from Oman can receive duty-free treatment under this special rate.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from countries within the DR-CAFTA agreement can receive duty-free treatment.
• Peru Special Rate: Imports from Peru can receive duty-free treatment under this special rate.

Importing and Exporting US States

When it comes to the import and export of flours and meals of soybeans under HS Code 12081000, specific states in the United States play a significant role. The importing state for this product is Kansas, while the exporting states are North Dakota and Washington.

HS Code 12081000 represents flours and meals of soybeans. This code is used to classify and identify these products for international trade purposes. It is important to understand the details and information associated with this HS code, including the product description, bound / MFN duty rate, quantity unit, special tariff preference programs, and the importing and exporting US states. By familiarizing ourselves with these details, we can better navigate the global trade landscape and make informed decisions regarding the import and export of flours and meals of soybeans.