Liquefied petroleum gases (LPG) and other gaseous hydrocarbons play a significant role in various industries and households around the world. These gases, classified under HS Code 27111900, are vital energy sources that are used for cooking, heating, and powering vehicles, among other applications.
The HS Code 27111900 encompasses "Liquefied Petroleum Gases and Other Gaseous Hydrocarbons, NESOI." This code covers various types of gases that fall under this category, excluding those specifically classified elsewhere.
Liquefied petroleum gases consist of a mixture of hydrocarbon gases, primarily propane and butane. These gases are obtained during the refining of crude oil and natural gas processing. They are compressed and stored in liquid form under moderate pressure, making them highly portable and easy to transport.
Other gaseous hydrocarbons include a wide range of gases, such as ethane, methane, propylene, and butylene. These gases are commonly used in industrial processes, as fuel for vehicles, and in refrigeration systems.
Under the concept of Most Favored Nation (MFN) treatment, countries are obligated to apply the same trade barriers and market access conditions to all their trading partners. This means that when a country lowers a trade barrier or opens up a market, it must do so for all goods or services from all trading partners.
The bound duty rate for HS Code 27111900 is free. This means that there are no specific import duties or tariffs imposed on the importation of liquefied petroleum gases and other gaseous hydrocarbons under this HS code. However, it is important to note that countries may have other regulations, licensing requirements, or taxes associated with the importation and use of these gases.
Special tariff preference programs are trade agreements or arrangements that provide preferential treatment to certain goods imported from specific countries. These programs aim to promote economic cooperation, development, and market access between participating countries.
While specific information about special tariff preference programs for HS Code 27111900 is not available, it is important for importers and exporters to be aware of any existing preferential trade agreements between countries. These agreements may offer reduced or eliminated import duties, quota exemptions, or simplified customs procedures for eligible goods.
For imports into the United States under HS Code 27111900, the following states have been identified as major import destinations:
These states have a significant demand for liquefied petroleum gases and other gaseous hydrocarbons, either for industrial purposes or residential consumption. Importers and exporters should consider the specific regulations and requirements of these states when engaging in trade activities related to HS Code 27111900.
For exports from the United States under HS Code 27111900, the following states are major exporters of liquefied petroleum gases and other gaseous hydrocarbons:
These states have significant production and export capabilities for liquefied petroleum gases and other gaseous hydrocarbons. They contribute to meeting the global demand for these energy sources and play a crucial role in international trade.
HS Code 27111900 covers the classification of liquefied petroleum gases and other gaseous hydrocarbons. Understanding the product description, duty rates, special tariff preference programs, and key importing and exporting states is essential for businesses and individuals involved in the trade of these gases. Compliance with regulations and knowledge of market dynamics are crucial for successful import and export operations related to HS Code 27111900.