NAFTA AGRICULTURE
FACT SHEET:
Peanuts
TREATMENT OF TARIFFS:
- U.S. tariffs on peanuts are being phased
out in conjunction with the treatment of quantitative
restrictions.
- Imports of peanuts into Mexico were
already duty-free before the NAFTA.
TREATMENT OF QUANTITATIVE RESTRICTIONS:
- Upon enactment of the NAFTA on January 1,
1994, previously existing U.S. Section 22 import quotas
on Mexican peanuts were replaced by a NAFTA tariff-rate
quota (TRQ), which is being phased out during a 15-year
transition period.
- Mexico initially received a 3,377-ton TRQ
for shelled and in-shell peanuts. This quantity grows by
a 3-percent compound annual rate over the transition
period. The 1998 TRQ is 3,801 metric tons.
- In-quota shipments enter the United States
duty-free. Above-quota imports from Mexico faced an
initial tariff equivalent of 123.1 percent on shelled and
186.1 percent on in-shell. These over-quota tariffs are
being phased out by 15 percent in the first 6 years, with
the remaining tariff to be phased out on a straight-line
basis over the final 9 years.
- Mexico does not have any quantitative
restrictions affecting trade in peanuts.
RULES OF ORIGIN FOR PEANUTS AND PRODUCTS:
- For U.S. trade in peanut products with
Canada, NAFTA origin is conferred on peanut butter and
paste made from non-NAFTA peanuts. Roasting or blanching
of non-NAFTA peanuts does not confer origin.
- For U.S. imports of Mexican raw peanuts,
roasted and blanched peanuts, peanut butter, and peanut
paste, 100-percent Mexican-grown peanuts must be used to
make product that qualifies for NAFTA preferential
tariffs. This same "domestically produced" rule
applies for U.S. exports to Mexico of peanuts and peanut
products.
U.S. Peanut Trade with Mexico
Calendar
Year
|
1990
|
1991
|
1992
|
1993
|
1994
|
1995
|
1996
|
Export Value
|
6,434
|
9,098
|
10,207
|
10,645
|
17,845
|
15,683
|
23,900
|
Export Volume
|
7,673
|
10,269
|
11,845
|
11,794
|
20,412
|
19,182
|
28,965
|
Import Value
|
0
|
29
|
0
|
0
|
1,295
|
4,659
|
4,035
|
Import Volume
|
0
|
150
|
0
|
0
|
2,533
|
4,805
|
4,669
|
Value in $1,000; volume in metric
tons. Includes raw-unshelled, shelled, and blanched peanuts.
 |
Last modified:
Friday, November 18, 2005
|
