HS Code 29012410: Buta-l,3-diene

Buta-l,3-diene, classified under HS Code 29012410, is a hydrocarbon compound commonly used in the petrochemical industry. This article will provide an extensive overview of the HS code, its associated product description, duty rates, special tariff preference programs, and the importing and exporting states in the United States.

Product Description

Buta-l,3-diene is a colorless gas with a pungent odor. It is also known as 1,3-butadiene and is primarily used as a monomer in the production of synthetic rubber, particularly for the manufacturing of tires. Additionally, it has applications in the production of plastics, resins, and other organic chemicals.

Bound / MFN Duty Rate

The bound or Most Favored Nation (MFN) duty rate for HS Code 29012410 is free. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This duty rate encourages fair and equal treatment of trading partners.

Quantity Unit

The quantity unit for HS Code 29012410 is kilograms (KG). This unit is used to measure the weight of the product during import and export transactions.

Special Tariff Preference Programs

Several special tariff preference programs are applicable to Buta-l,3-diene under HS Code 29012410. These programs provide specific benefits and duty-free treatment for certain countries. The programs applicable to Buta-l,3-diene include:

Generalized System of Preferences (GSP): Provides duty-free treatment for eligible developing countries.
Australia Special Rate: Offers preferential duty rates for trade between Australia and the importing country.
Bahrain Special Rate: Provides preferential duty rates for trade between Bahrain and the importing country.
NAFTA for Canada: Grants duty-free treatment for trade between Canada and the importing country under the North American Free Trade Agreement.
Chile Special Rate: Offers preferential duty rates for trade between Chile and the importing country.
Caribbean Basin Initiative (CBI): Provides duty-free treatment for eligible countries in the Caribbean region.
Israel Special Rate: Offers preferential duty rates for trade between Israel and the importing country.
Andean Trade Preference Act (ATPA): Provides duty-free treatment for eligible countries in the Andean region.
Jordan Special Rate: Offers preferential duty rates for trade between Jordan and the importing country.
Morocco Special Rate: Provides preferential duty rates for trade between Morocco and the importing country.
NAFTA for Mexico: Grants duty-free treatment for trade between Mexico and the importing country under the North American Free Trade Agreement.
Oman Special Rate: Offers preferential duty rates for trade between Oman and the importing country.
Dominican Republic-Central American Special Rate (DR-CAFTA): Provides preferential duty rates for trade between eligible countries in the Dominican Republic-Central America Free Trade Agreement.
Peru Special Rate: Offers preferential duty rates for trade between Peru and the importing country.
Singapore Special Rate: Provides preferential duty rates for trade between Singapore and the importing country.

Importing US States

The following US states import Buta-l,3-diene classified under HS Code 29012410:

Montana
Utah
Wyoming

Exporting US States

The following US states export Buta-l,3-diene classified under HS Code 29012410:

Montana
North Dakota
Pennsylvania

Overall, HS Code 29012410 plays a crucial role in the international trade of Buta-l,3-diene. With its duty-free treatment and various special tariff preference programs, it facilitates fair and efficient trade between countries, benefiting both importers and exporters.