The HS Code 28418000 refers to tungstates (wolframates), which are a type of chemical compound. This article will provide an extensive overview of this product, including its description, quantity unit, and special tariff preference programs. Additionally, we will discuss the importing and exporting states in the United States.
Tungstates (wolframates) are chemical compounds that contain tungsten and oxygen. They are commonly used in various industries, including mining, manufacturing, and electronics. Tungstates have excellent heat and chemical resistance, making them suitable for applications where high temperatures and corrosive environments are present.
The HS Code 28418000 specifically identifies tungstates (wolframates) for international trade purposes. The HS Code system is used worldwide to classify and categorize traded goods. It allows countries to have a standardized method of identifying products during import and export processes.
By using the HS Code 28418000, customs officials and traders can easily identify and classify tungstates (wolframates) during cross-border transactions. This ensures smooth trade operations and accurate tariff calculations.
The bound or most-favored-nation (MFN) duty rate for HS Code 28418000 is 5.5%. 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 5.5% duty rate is applicable to tungstates (wolframates) imported into various countries.
It is important for traders to consider this duty rate when importing or exporting tungstates (wolframates) to ensure compliance with customs regulations and accurate cost estimations.
The quantity unit for HS Code 28418000 is kilograms (KG). This means that the weight of tungstates (wolframates) is measured in kilograms during import and export transactions. Traders and customs officials use this unit to determine the quantity of tungstates being traded and to calculate applicable duties and taxes.
Tungstates (wolframates) under HS Code 28418000 are eligible for various special tariff preference programs. These programs offer preferential treatment, such as duty-free or reduced-duty rates, to promote trade and economic development. The following special tariff preference programs are applicable to tungstates (wolframates):
Traders should familiarize themselves with the specific requirements and eligibility criteria of these programs to take advantage of the benefits they offer when importing or exporting tungstates (wolframates).
When it comes to importing tungstates (wolframates) into the United States, various states participate in these trade activities. Some of the major importing states include:
These states have well-established trade infrastructures and industries that rely on tungstates (wolframates) for their manufacturing processes.
On the other hand, the United States also exports tungstates (wolframates) to different states. Some of the major exporting states include:
These exporting states contribute significantly to the global tungstates (wolframates) market, supplying the product to various industries and countries around the world.
the HS Code 28418000 represents tungstates (wolframates), which are chemical compounds used in various industries. Traders should be aware of the product description, quantity unit, bound / MFN duty rate, special tariff preference programs, and the importing and exporting states when dealing with tungstates (wolframates) in international trade.