m-Xylene is a chemical compound that falls under HS Code 29024200. This article will provide an extensive analysis of this product, exploring its description, quantity unit, and special tariff preference programs. We will also examine the importing and exporting US states for m-Xylene.
m-Xylene is a colorless liquid with a distinct aromatic odor. It is an isomer of xylene, belonging to the family of aromatic hydrocarbons. This compound is primarily used as a solvent in various industries, including paint, coatings, adhesives, and rubber manufacturing. It is also utilized in the production of polyester fibers, dyes, and pharmaceuticals.
HS Code 29024200 specifically classifies m-Xylene for international trade purposes. Harmonized System (HS) codes are standardized numerical codes used to classify products when they cross international borders. Each HS code represents a unique product category, facilitating smooth trade and customs procedures.
The bound or Most Favored Nation (MFN) duty rate for m-Xylene is free. This means that whenever a country lowers a trade barrier or opens up a market, it must do so for m-Xylene from all its trading partners. This encourages equal treatment and fair trade practices among nations.
The quantity unit for m-Xylene is liters (L). This unit of measurement is commonly used to determine the volume of liquid products being imported or exported.
m-Xylene enjoys special tariff preference programs that provide duty-free treatment when imported from certain countries. The following countries have established special rate agreements for m-Xylene:
These special tariff preference programs aim to promote trade and economic cooperation between countries, reducing barriers and facilitating the flow of m-Xylene across borders.
m-Xylene is imported into the United States, with the following states being major importers:
These states play a significant role in meeting the demand for m-Xylene within the US market.
m-Xylene is also exported from the United States, with the following states being major exporters:
These states contribute to the global supply of m-Xylene, catering to the demands of other countries.
m-Xylene classified under HS Code 29024200 is a versatile chemical compound used in various industries. Its special tariff preference programs and duty-free treatment under specific agreements enhance international trade. Understanding the importing and exporting US states provides insights into the global market dynamics of m-Xylene.