The HS Code 28364020 refers to the product potassium hydrogencarbonate, also known as potassium bicarbonate. This chemical compound is widely used in various industries and has several applications.
Potassium hydrogencarbonate is a white crystalline powder that is soluble in water. It is commonly used as a food additive, buffering agent, and fire extinguishing agent. It is also utilized in the production of pharmaceuticals, cosmetics, and personal care products.
When it comes to international trade, the HS Code plays a crucial role in categorizing and classifying products for customs purposes. The HS Code system is used globally to ensure uniformity and accuracy in trade documentation and statistics.
The bound / MFN (Most Favored Nation) duty rate for HS Code 28364020 is 1.3%. 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. This duty rate is applicable to the import of potassium hydrogencarbonate.
The quantity unit for the import and export of potassium hydrogencarbonate is kilograms (KG). This unit is used to measure the weight of the product being traded.
There are several special tariff preference programs in place for HS Code 28364020. These programs provide certain benefits and exemptions to specific countries. For example, the following countries receive duty-free treatment for importing potassium hydrogencarbonate:
These countries have specific trade agreements or preferences with the United States that allow for duty-free treatment or reduced tariffs on potassium hydrogencarbonate imports.
When it comes to importing potassium hydrogencarbonate into the United States, the following states are known for exporting this product:
These states have a significant presence in the potassium hydrogencarbonate trade and play a role in supplying this product to the US market.
In summary, HS Code 28364020 refers to potassium hydrogencarbonate (potassium bicarbonate), a versatile compound used in various industries. The HS Code system helps in categorizing and classifying products for international trade. The duty rate for importing this product is 1.3%, and there are several special tariff preference programs in place to provide benefits to specific countries. When it comes to the United States, Connecticut and Wyoming are known for exporting potassium hydrogencarbonate.