Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29089903: Specified derivatives of phenols or phenol-alcohols containing only sulfo groups, their salts and esters

The HS Code 29089903 represents a specific category of products: specified derivatives of phenols or phenol-alcohols containing only sulfo groups, their salts, and esters. This code is used to classify and categorize goods for international trade purposes. Let's dive deeper into the details of this HS code and explore its implications.

Firstly, let's understand the product description. The products falling under HS Code 29089903 are derivatives of phenols or phenol-alcohols that contain only sulfo groups. These derivatives can exist in the form of salts or esters. Phenols are organic compounds that contain a hydroxyl group (-OH) attached to an aromatic ring. Derivatives of phenols can have various chemical modifications, in this case, containing only sulfo groups.

When it comes to international trade, countries often impose import duties on goods to protect domestic industries or generate revenue. The bound or most-favored-nation (MFN) duty rate for HS Code 29089903 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. This duty rate ensures a fair and equal treatment for all trading partners.

The quantity unit for HS Code 29089903 is kilograms (KG). This unit of measurement helps in determining the quantity of goods being imported or exported.

Now, let's explore the special tariff preference programs associated with this HS code. The following countries or regions offer preferential treatment for imports under HS Code 29089903:

• A+ (Least-developed beneficiary developing countries eligible for GSP under that subheading): Goods imported from these countries receive duty-free treatment.
• Australia Special Rate: Australia provides a special rate for imports under this HS code.
• Bahrain Special Rate: Bahrain offers a special rate for imports under this HS code.
• Canada (NAFTA): Imports from Canada under HS Code 29089903 receive duty-free treatment.
• Chile Special Rate: Chile provides a special rate for imports under this HS code.
• Africa Growth and Opportunity Act (AGOA): Imports under this HS code receive duty-free treatment as part of AGOA.
• Caribbean Basin Initiative (CBI): The CBI offers duty-free treatment for imports under this HS code.
• Israel Special Rate: Israel provides a special rate for imports under this HS code.
• Andean Trade Preference Act (ATPA): Imports under this HS code receive preferential treatment as part of ATPA.
• Jordan Special Rate: Jordan offers a special rate for imports under this HS code.
• Uruguay Round Concessions on Intermediate Chemicals for Dyes: Imports under this HS code receive duty-free treatment as part of the Uruguay Round Concessions.
• Morocco Special Rate: Morocco provides a special rate for imports under this HS code.
• Mexico (NAFTA): Imports from Mexico under HS Code 29089903 receive duty-free treatment.
• Oman Special Rate: Oman offers a special rate for imports under this HS code.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports under this HS code receive a special rate as part of DR-CAFTA.
• Peru Special Rate: Peru provides a special rate for imports under this HS code.
• Singapore Special Rate: Singapore offers a special rate for imports under this HS code.

It's important for importers and exporters to be aware of these special tariff preference programs to take advantage of any benefits or incentives provided by the respective countries or regions.

Lastly, let's consider the importing and exporting US states associated with HS Code 29089903. According to the available data, the state of Arkansas appears multiple times as both an importer and exporter of products falling under this HS code. This information suggests that there is significant trade activity related to HS Code 29089903 in Arkansas.

HS Code 29089903 represents specified derivatives of phenols or phenol-alcohols containing only sulfo groups, their salts, and esters. This code is used for international trade classification and has a specific product description, duty rate, quantity unit, and special tariff preference programs. Importers and exporters should be aware of these details to navigate the global trade landscape effectively.