The Harmonized System (HS) code 29071300 refers to a specific product category: Octylphenol, nonylphenol, and their isomers, including salts thereof. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
Octylphenol, nonylphenol, and their isomers are chemical compounds that are used in various industries. These compounds are categorized under HS code 29071300. They are primarily used as intermediates in the production of resins, surfactants, and antioxidants. These chemicals find applications in the manufacturing of plastics, textiles, detergents, and other industrial products.
The bound or most-favored-nation (MFN) duty rate for HS code 29071300 is 5.5%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 5.5% for imports of octylphenol, nonylphenol, and their isomers from all its trading partners.
The quantity unit for the import and export of products classified under HS code 29071300 is kilograms (KG). This unit of measurement is used to determine the weight of the octylphenol, nonylphenol, and their isomers being traded between countries.
HS code 29071300 is eligible for various special tariff preference programs. These programs offer reduced or duty-free treatment for imports and exports of octylphenol, nonylphenol, and their isomers depending on the country of origin and destination. Some of the notable tariff preference programs applicable to this HS code are:
HS code 29071300 applies to the import and export of octylphenol, nonylphenol, and their isomers by various US states. The specific states involved in importing and exporting activities related to this HS code may vary depending on market demand and manufacturing capabilities. Some of the notable importing US states for products classified under HS code 29071300 include California, Texas, New York, and Illinois. Similarly, prominent exporting US states for these products include Texas, Louisiana, Ohio, and Pennsylvania.
HS code 29071300 encompasses octylphenol, nonylphenol, and their isomers, along with their salts. This code is used to facilitate international trade by providing a standardized classification for these chemical compounds. Importers and exporters must be aware of the duty rates, quantity unit, and special tariff preference programs associated with this HS code to effectively navigate the global market for these products.