Dinitrobutylphenol and its salts are classified under HS code 29089940. This article will provide an extensive overview of this HS code and its associated product, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
Dinitrobutylphenol and its salts are chemical compounds that are widely used in various industries. They are commonly used as intermediates in the production of dyes, coatings, and pharmaceuticals. These compounds have a yellowish color and are known for their strong oxidizing properties.
The HS code 29089940 is specifically assigned to dinitrobutylphenol and its salts. HS codes are international product classification codes used to categorize and identify different types of products for customs and trade purposes. This code helps in streamlining international trade procedures and facilitating the collection of import and export statistics.
The bound / MFN (Most Favored Nation) duty rate for HS code 29089940 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 is a percentage of the product's customs value and is imposed to protect domestic industries, regulate trade, and generate revenue for the government.
The quantity unit for dinitrobutylphenol and its salts is kilograms (KG). This unit is commonly used for measuring the weight or mass of products in international trade. It provides a standardized measurement that can be easily understood and converted across different countries and trading partners.
Dinitrobutylphenol and its salts are eligible for various special tariff preference programs, which provide favorable treatment in terms of duty rates. The following programs grant duty-free treatment or special rates for importation:
These special tariff preference programs aim to promote economic growth, enhance trade relations, and provide preferential treatment for certain countries or regions based on specific trade agreements or economic partnerships.
When it comes to importing dinitrobutylphenol and its salts into the United States, the following states are known for their import activities:
Arkansas is a state that actively engages in the importation of various goods, including chemicals and pharmaceuticals. It serves as a major hub for trade and commerce in the region, with well-established infrastructure and logistics networks.
Regarding the exporting of dinitrobutylphenol and its salts from the United States, the following states are known for their export activities:
Arkansas is also a state that plays a significant role in exporting various products, including chemicals and pharmaceuticals. It benefits from its strategic location, access to transportation routes, and strong manufacturing capabilities, which enable efficient export operations.
HS code 29089940 represents dinitrobutylphenol and its salts, which are widely used in various industries. This code helps in classifying and regulating international trade, providing standardized product identification and facilitating customs procedures. Importers and exporters should be aware of the duty rates, quantity unit, special tariff preference programs, and the relevant US states involved in the trade of this product.