The BlockingQueue interface in the Collection framework is commonly used in concurrent programming for scenarios where multiple threads are involved in producing and consuming items. It provides thread-safe operations that allow producers to add items to the queue using the put() method, which blocks if the queue is full, ensuring the producers do not overwhelm the consumers. Similarly, consumers can retrieve items from the queue using the take() method, which blocks if the queue is empty, allowing them to wait until there are items available for consumption. This blocking behavior ensures proper synchronization and coordination between producer and consumer threads, preventing issues like race conditions and thread starvation.