Creosote oils, classified under HS Code 27079100, are a type of petroleum product derived from the distillation of high-temperature coal tar. These oils are characterized by having a higher weight of aromatic compounds compared to non-aromatic compounds. In this educational article, we will delve into the details of this HS code, its product description, duty rates, quantity units, and special tariff preference programs. Additionally, we will explore the importing and exporting states in the United States for creosote oils.
The HS code 27079100 refers to creosote oils that are obtained through the distillation process of high-temperature coal tar. Creosote oils are known for their distinct properties and are widely used in various industries. These oils have a higher weight of aromatic compounds compared to non-aromatic compounds, making them suitable for specific applications.
The bound or most-favored-nation (MFN) duty rate for HS Code 27079100 is free. This means that whenever a country reduces trade barriers or opens up its market, it must apply the same duty rate of zero for creosote oils from all its trading partners. This encourages fair and equal trade among nations and promotes economic cooperation.
The quantity unit for measuring creosote oils under HS Code 27079100 is liters (L). This unit of measurement is commonly used to determine the volume or quantity of liquid products being imported or exported. It allows for standardized calculations and facilitates international trade transactions.
Special tariff preference programs are initiatives designed to promote trade and economic development between countries. While specific programs may vary, they generally offer reduced or exempted duty rates for certain products. In the case of creosote oils classified under HS Code 27079100, there may be special tariff preference programs available that provide advantageous trade conditions, such as lower duty rates or preferential treatment, for eligible importing or exporting countries.
For creosote oils under HS Code 27079100, the following US states are known for their import activities:
These states have significant import volumes of creosote oils, indicating the demand and utilization of this product within their industries.
Several US states are known for their export activities related to creosote oils under HS Code 27079100. These states contribute to the global supply of creosote oils and cater to the needs of various industries worldwide. The exporting US states for creosote oils include:
These states play a crucial role in the global trade of creosote oils and contribute to the overall economic growth of the United States.
Overall, HS Code 27079100 encompasses creosote oils derived from the distillation of high-temperature coal tar. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with this code is essential for importers, exporters, and businesses involved in the trade of creosote oils. The importing and exporting US states mentioned provide insights into the regional trade dynamics and highlight the significant role played by these states in the global market for creosote oils.