HS Code for Shelled Peanuts

Introduction

In the ever-evolving world of international trade, understanding the intricacies of product classification is crucial for businesses involved in importing and exporting goods. One such classification system that plays a vital role in global trade is the Harmonized System (HS) Code. In this article, we'll delve into the specific HS code for shelled peanuts and explore its significance in the context of nutritional supplements, food and feed ingredients, and processed cereal germs.

Understanding HS Codes

The Harmonized System, developed by the World Customs Organization (WCO), is a standardized numerical method of classifying traded products. This system is used by customs authorities worldwide to identify products for the application of duties and taxes, as well as for the collection of international trade statistics.

HS codes are composed of six digits, with the first two digits representing the chapter, the next two representing the heading, and the last two representing the subheading. Countries may add additional digits for further classification, but the first six digits are internationally standardized.

HS Code for Shelled Peanuts

Shelled peanuts fall under Chapter 12 of the HS Code, which covers "Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder." The specific HS code for shelled peanuts is:

1202.42 - Groundnuts (peanuts), not roasted or otherwise cooked, shelled, whether or not broken

This classification is important for several reasons:

• It determines the tariff rates applicable to the import or export of shelled peanuts.
• It helps in the accurate reporting of trade statistics.
• It ensures compliance with international trade regulations and standards.

Shelled Peanuts in the Context of Nutritional Supplements

Shelled peanuts are often used as a key ingredient in various nutritional supplements due to their high protein content and healthy fats. When used in this context, it's important to note that while the raw material (shelled peanuts) falls under HS code 1202.42, the final nutritional supplement product may have a different HS code depending on its composition and form.

For instance, if the peanuts are processed into a protein powder, it might be classified under:

2106.10 - Protein concentrates and textured protein substances

Shelled Peanuts as Food and Feed Ingredients

Shelled peanuts are widely used as ingredients in both human food and animal feed. In these applications, the HS code 1202.42 still applies to the raw shelled peanuts. However, if the peanuts are further processed, different HS codes may apply. For example:

• 2008.11 - Peanuts, prepared or preserved
• 1508.10 - Crude peanut oil
• 2305.00 - Oil-cake and other solid residues resulting from the extraction of peanut oil

Processed Cereal Germs and Their Relation to Peanuts

While shelled peanuts (HS code 1202.42) and processed cereal germs are different products, they often share similar applications in the food and feed industry. Processed cereal germs, which are rich in nutrients, are classified under:

1104.30 - Germ of cereals, whole, rolled, flaked or ground

Both shelled peanuts and processed cereal germs are valuable sources of protein, vitamins, and minerals, making them important ingredients in various food products and animal feeds.

FreightAmigo's Role in Simplifying HS Code Complexities

As a digital logistics platform, FreightAmigo understands the challenges that businesses face when dealing with HS codes and international shipping. Our comprehensive digital supply chain finance platform is designed to streamline the logistics process, including the correct classification of goods for international trade.

We offer several features that can help businesses navigate the complexities of HS codes:

• Access to up-to-date HS code databases
• Automated customs documentation preparation
• Expert support for HS code classification
• Integration with customs systems for seamless declarations

By leveraging our digital platform, businesses can ensure accurate HS code classification for their shipments of shelled peanuts, nutritional supplements, food and feed ingredients, and processed cereal germs. This not only helps in compliance with international trade regulations but also optimizes the supply chain process.

Conclusion

Understanding the correct HS code for shelled peanuts (1202.42) and related products is crucial for businesses involved in the international trade of these commodities. Whether you're dealing with raw shelled peanuts, nutritional supplements, food and feed ingredients, or processed cereal germs, accurate HS code classification is essential for smooth customs clearance and compliance with trade regulations.

At FreightAmigo, we're committed to helping businesses navigate these complexities. Our digital platform combines artificial intelligence, big data, and expert knowledge to provide a seamless logistics experience. From comparing freight quotes to arranging customs clearance and automating shipment documents, we offer a comprehensive solution for all your international shipping needs.

As the global trade landscape continues to evolve, staying informed about HS codes and leveraging digital solutions like FreightAmigo can give your business a significant advantage in the competitive world of international commerce.

References

World Customs Organization, "HS Nomenclature 2022 Edition", https://www.wcoomd.org/en/topics/nomenclature/instrument-and-tools/hs-nomenclature-2022-edition.aspx