Gum Arabic is a product that falls under HS Code 13012000. This code is used to classify and identify specific goods in international trade. In this article, we will explore the details of this HS Code and provide information about Gum Arabic and its import and export.
Gum Arabic, also known as Acacia gum, is a natural gum obtained from the sap of various species of the Acacia tree. It is commonly used in various industries such as food, pharmaceuticals, cosmetics, and textiles. Gum Arabic is a versatile ingredient and is known for its emulsifying, thickening, and stabilizing properties.
The bound / MFN duty rate for HS Code 13012000 is free. This means that there are no duties imposed when importing or exporting Gum Arabic. It is important to note that the bound duty rate applies to all trading partners of a country when they lower trade barriers or open up their markets.
The quantity unit for Gum Arabic is kilograms (KG). This unit is used to measure the weight of the product during import and export transactions.
Gum Arabic benefits from several special tariff preference programs. These programs provide certain countries with preferential treatment, including duty-free importation. The following countries are eligible for special rates under HS Code 13012000:
Under these special tariff preference programs, Gum Arabic can be imported duty-free from the mentioned countries, promoting trade and economic cooperation.
Gum Arabic is imported by various US states. The following states are involved in importing Gum Arabic:
These states play a crucial role in facilitating the importation of Gum Arabic into the United States, ensuring a steady supply for industries that rely on this versatile ingredient.
HS Code 13012000 represents Gum Arabic in international trade. This article provided an extensive overview of the HS Code, product description, duty rates, special tariff preference programs, and importing US states. As a widely-used natural gum, Gum Arabic contributes to various industries and benefits from preferential treatment under specific trade programs.