Chloroform, also known as Trichloromethane, is a chemical compound that falls under HS Code 29031300. This article aims to provide a comprehensive understanding of this product, its classification, and relevant information associated with it.
Chloroform, or Trichloromethane, is a colorless liquid with a sweet odor. It is widely used in various industries, including pharmaceuticals, laboratories, and manufacturing. Due to its chemical properties, chloroform is primarily utilized as a solvent, anesthetic, and in the production of refrigerants.
HS Code 29031300 specifically identifies and classifies chloroform within the international trade system. The Harmonized System (HS) is a standardized system used globally to classify and define traded products. Each HS code is unique and aids in simplifying international trade processes.
The bound / MFN (Most Favored Nation) duty rate for chloroform is 5.5%. This rate applies uniformly to all countries that have lower trade barriers or open up their markets. It ensures fair and equal treatment for the same goods or services from all trading partners.
The quantity unit for chloroform is kilograms (KG). This unit of measurement is commonly used to determine the weight or quantity of the product being imported or exported.
Chloroform enjoys special tariff preference programs in several countries. These programs provide certain benefits or exemptions from duty rates. The following countries offer special rates for chloroform:
These special tariff preference programs aim to encourage trade and enhance economic cooperation between countries.
Chloroform is imported into various states within the United States. The following states are notable importers of chloroform:
Chloroform is exported from the United States to several states. The following states are significant exporters of chloroform:
Understanding the import and export patterns of chloroform provides valuable insights into its demand and distribution within the United States.
HS Code 29031300 represents chloroform (Trichloromethane) within the international trade system. This article has touched upon its product description, classification, duty rates, special tariff preference programs, and import/export trends in the United States. Chloroform plays a significant role in various industries and trade relationships, making it an essential product within the global market.