When it comes to international trade, HS codes play a vital role in classifying products for import and export purposes. One such code is HS code 25041010, which refers to natural graphite in crystalline flake form, excluding any flake dust. In this article, we will explore the details of this specific HS code and provide additional information about its trade regulations and preferences.
The product described by HS code 25041010 is natural graphite in the form of crystalline flakes. It is important to note that this code excludes any flake dust, focusing specifically on the flake form of natural graphite. Graphite is a mineral with various industrial applications, including use as a lubricant, in batteries, and as a raw material in the production of steel and other carbon-based products.
The bound or Most Favored Nation (MFN) duty rate for HS code 25041010 is free. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. Therefore, countries importing or exporting natural graphite in crystalline flake form are not subjected to any duty charges.
The quantity unit specified for HS code 25041010 is kilograms (KG). This unit of measurement is used to quantify the weight of natural graphite being imported or exported under this code.
Several special tariff preference programs are available for natural graphite, crystalline flake, under HS code 25041010. These programs provide specific duty-free treatment or reduced tariff rates for certain countries. Here are some examples:
These special tariff preference programs aim to promote trade and facilitate the import and export of natural graphite, crystalline flake, between specific countries. Importers and exporters should be aware of these programs to take advantage of the favorable duty rates available.
While HS code 25041010 applies to international trade, it is also relevant to understand the importing and exporting patterns within the United States. Here are some examples of US states involved in the import and export of natural graphite, crystalline flake:
These states play a significant role in the trade of natural graphite, and understanding their import and export activities can provide insights into the market dynamics and distribution of this product within the United States.
HS code 25041010 represents natural graphite in crystalline flake form, excluding any flake dust. This code carries a bound or MFN duty rate of free, and specific tariff preference programs exist to provide duty-free treatment or reduced tariff rates for certain countries. Importers and exporters should be aware of these programs and the importing/exporting patterns among US states to make informed decisions and take advantage of the opportunities presented by this HS code.