The HS Code 29021100 refers to the product Cyclohexane. In this article, we will explore the details and significance of this HS code, along with additional information related to it.
Cyclohexane is a colorless liquid that is commonly used as a solvent in various industries such as pharmaceuticals, paints, and coatings. It is derived from petroleum and is an important chemical compound in the production of nylon, adipic acid, and other chemicals.
The bound / MFN (Most Favored Nation) duty rate for Cyclohexane is free. 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-free treatment encourages international trade and promotes economic growth.
The quantity unit for Cyclohexane is kilograms (KG). This unit is commonly used in international trade to measure the weight or quantity of goods being imported or exported.
Cyclohexane qualifies for various special tariff preference programs, which offer additional benefits and exemptions in certain countries. The following countries have special rates or duty-free treatment for Cyclohexane:
These special tariff preference programs aim to promote trade between countries and provide economic advantages for both importers and exporters of Cyclohexane.
The following US states import Cyclohexane:
These states rely on Cyclohexane for various industries and applications, contributing to their economic growth and development.
The following US states export Cyclohexane:
These states have a significant presence in the production and export of Cyclohexane, further strengthening their economies and trade relationships.
the HS Code 29021100 represents Cyclohexane, a versatile chemical compound with numerous applications in various industries. Its duty-free treatment, special tariff preference programs, and importance in international trade make it a valuable commodity in the global market.