The HS Code 28443020 refers to compounds of uranium that are depleted in U235. This code is used to classify and track the import and export of these specific compounds. In this article, we will explore the details of this HS code and its implications in international trade.
Compounds of uranium depleted in U235 are substances that have undergone a process to reduce the concentration of the U235 isotope. This isotope is a fissile material that is used in nuclear reactors and weapons. Depleted uranium compounds are primarily used in industries such as aerospace, defense, and nuclear energy.
The bound or most-favored-nation (MFN) duty rate for HS Code 28443020 is free. This means that countries are not required to pay any customs duties or tariffs when importing or exporting these compounds. It is important to note that this duty rate applies when a country lowers a trade barrier or opens up a market, and it must be applied equally to all trading partners.
The quantity unit for HS Code 28443020 is kilograms (KG). This unit of measurement is used to determine the weight of the compounds being imported or exported.
Several countries have special tariff preference programs in place for HS Code 28443020. These programs provide additional benefits or exemptions from customs duties. The countries that offer special tariff rates for compounds of uranium depleted in U235 include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating customs duties for specific products.
Based on available data, the following US states are known to import compounds of uranium depleted in U235:
These states may have industries or facilities that require these compounds for their operations.
Based on available data, the following US states are known to export compounds of uranium depleted in U235:
These states may have industries or facilities that produce and supply these compounds to domestic and international markets.
HS Code 28443020 represents compounds of uranium depleted in U235. This code is essential for tracking and regulating the import and export of these compounds. Understanding the details of this HS code, including its duty rate, quantity unit, special tariff preference programs, and the states involved in import and export, is crucial for businesses and policymakers involved in international trade.