The HS Code 29092000 refers to cyclanic, cyclenic, or cycloterpenic ethers and their halogenated, sulfonated, nitrated, or nitrosated derivatives. This code is used to classify these specific types of chemical compounds for international trade purposes. In this article, we will explore the product description, duty rates, quantity units, and special tariff preference programs associated with HS Code 29092000.
HS Code 29092000 covers a range of chemical compounds known as cyclanic, cyclenic, or cycloterpenic ethers and their derivatives. These compounds are typically used in various industries, including pharmaceuticals, cosmetics, and fragrances. The derivatives of these ethers may undergo processes such as halogenation, sulfonation, nitration, or nitrosation, which can alter their properties and applications.
The bound or most-favored-nation (MFN) duty rate for HS Code 29092000 is 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 3.7% to the goods or services classified under this HS code. Duty rates are applied to regulate trade and ensure fair competition among trading partners.
The quantity unit for HS Code 29092000 is kilograms (KG). This unit of measurement is used to quantify the weight or mass of the cyclanic, cyclenic, or cycloterpenic ethers and their derivatives being traded. KG is a widely accepted unit for international trade and provides a standardized measurement system for accurate documentation and transactions.
There are several special tariff preference programs associated with HS Code 29092000. These programs offer certain countries or regions preferential treatment, including duty-free or reduced duty rates. The following countries or regions are eligible for special tariff rates under this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between the countries or regions involved. By offering preferential treatment, it encourages increased trade activities and fosters stronger relationships among trading partners.
HS Code 29092000 is applicable to trade between various importing and exporting US states. Based on the available data, the following states are involved in the import and export of cyclanic, cyclenic, or cycloterpenic ethers and their derivatives:
These states play a significant role in the trade of HS Code 29092000 products, indicating the importance of these compounds in their respective economies.
HS Code 29092000 encompasses cyclanic, cyclenic, or cycloterpenic ethers and their derivatives. This code helps classify and regulate the international trade of these chemical compounds. The duty rates, quantity unit, special tariff preference programs, and involvement of specific US states add further context and relevance to the understanding of HS Code 29092000.