Propylene glycol, also known as Propane-1,2-diol, falls under HS Code 29053200. This code is used to classify and identify this specific chemical compound for international trade purposes. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states associated with HS Code 29053200.
Propylene glycol is a colorless, odorless, and viscous liquid that is commonly used in various industries such as food, pharmaceuticals, cosmetics, and chemical manufacturing. It is a key ingredient in the production of antifreeze, solvents, lubricants, and personal care products.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29053200 is 5.5%. 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. The duty rate ensures fair trade practices and equal treatment for all trading partners.
The quantity unit for HS Code 29053200 is kilograms (KG). This unit of measurement is used to quantify the weight of propylene glycol being imported or exported.
There are several special tariff preference programs associated with HS Code 29053200. These programs provide specific tariff rates or exemptions for certain countries. The following countries enjoy special rates or duty-free treatment for importing propylene glycol:
When it comes to importing propylene glycol into the United States, the following states are major importers:
On the other hand, the following US states are major exporters of propylene glycol:
HS Code 29053200 represents propylene glycol, a versatile and widely used chemical compound. Understanding the product description, duty rates, special tariff preference programs, and the importing and exporting US states associated with this HS code is essential for international trade and compliance.