The HS Code 28211000 refers to iron oxides and hydroxides, which are commonly used in various industries. This article will provide an extensive overview of this product, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states in the United States.
Iron oxides and hydroxides are chemical compounds that contain iron as their main component. They are widely used in industries such as construction, paints and coatings, ceramics, and pigments. Iron oxides and hydroxides come in different forms, including red, yellow, brown, and black, and are known for their color stability, high opacity, and resistance to UV radiation.
The bound / MFN (Most Favored Nation) duty rate for HS Code 28211000 is 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate is applied to the value of the imported iron oxides and hydroxides. It is important for importers and exporters to consider this duty rate when engaging in international trade.
The quantity unit for HS Code 28211000 is kilograms (KG). This unit is used to measure the weight of the imported or exported iron oxides and hydroxides. It provides a standardized measurement for trade transactions and allows for accurate tracking of the quantity of the product being traded.
There are several special tariff preference programs applicable to HS Code 28211000. These programs provide certain countries with tariff benefits or duty-free treatment when importing iron oxides and hydroxides. The following countries and programs offer special rates:
These special tariff preference programs aim to promote trade and economic cooperation between countries by offering reduced or eliminated tariffs on specific goods. Importers and exporters should take advantage of these programs to optimize their trade transactions.
For the HS Code 28211000, the following states in the United States are involved in the import and export of iron oxides and hydroxides:
These states play a significant role in the trade of iron oxides and hydroxides, either as importers or exporters. The presence of these states in the supply chain highlights the importance of HS Code 28211000 in the US market.
HS Code 28211000 represents iron oxides and hydroxides, which are widely used in various industries. Understanding the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states is essential for those involved in international trade. By utilizing the information provided, importers and exporters can make informed decisions and benefit from the opportunities presented by HS Code 28211000.