Lithium oxide and hydroxide are chemical compounds that fall under HS Code 28252000. This HS code is used to classify and regulate the import and export of these specific products. In this article, we will explore the details of this HS code, including the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states in the United States.
Lithium oxide and hydroxide are compounds used in various industries for different applications. Lithium oxide, also known as lithia, is an inorganic compound with the chemical formula Li2O. It is commonly used as a flux in ceramic glazes and as a catalyst in the production of organic compounds. Lithium hydroxide, on the other hand, has the chemical formula LiOH and is used in the production of lithium-based greases, batteries, and other lithium compounds.
The bound or most-favored-nation (MFN) duty rate for HS Code 28252000 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 of 3.7% is applicable to the import and export of lithium oxide and hydroxide.
The quantity unit for HS Code 28252000 is kilograms (KG). This unit of measurement is used to determine the quantity of lithium oxide and hydroxide being imported or exported.
Several special tariff preference programs are available for the import and export of lithium oxide and hydroxide under HS Code 28252000. These programs provide certain countries with preferential treatment or duty-free access to the US market. The following countries and programs offer special rates or duty-free treatment:
These special tariff preference programs allow for easier and more cost-effective trade between the United States and the countries mentioned above when it comes to lithium oxide and hydroxide.
When it comes to the import of lithium oxide and hydroxide under HS Code 28252000, the following states in the United States are known to import these products:
On the other hand, the state of Louisiana is known for exporting lithium oxide and hydroxide under HS Code 28252000. These states play a crucial role in the import and export of these chemical compounds.
HS Code 28252000 classifies and regulates the import and export of lithium oxide and hydroxide. This article has provided a comprehensive overview of the HS code, including the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states in the United States. Understanding this HS code is essential for businesses and individuals involved in the trade of lithium oxide and hydroxide.