Ethanal, also known as Acetaldehyde, is a chemical compound classified under HS Code 29121200. This article aims to provide an educational overview of this product, its import and export details, as well as special tariff preference programs associated with it.
Ethanal, or Acetaldehyde, is a colorless liquid with a pungent smell. It is a vital intermediate in the production of various chemicals, including acetic acid, butadiene, and ethyl acetate. Ethanal can be found in nature as a byproduct of alcohol metabolism in the human body.
The Bound / MFN duty rate for HS Code 29121200 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 fair trade practices and equal treatment for all countries involved in international trade.
The quantity unit for Ethanal (Acetaldehyde) is kilograms (KG). This unit of measurement is commonly used in trade to determine the weight or quantity of the product being imported or exported.
Ethanal (Acetaldehyde) is eligible for various special tariff preference programs. These programs offer preferential treatment in terms of duty rates for certain countries. The following countries have special rates or duty-free treatment for importing Ethanal:
These special tariff preference programs aim to promote trade and strengthen economic ties between the countries involved. By offering duty-free treatment or reduced duty rates, they create incentives for increased imports and exports.
As HS Code 29121200 covers the import and export of Ethanal (Acetaldehyde), it is essential to consider the states involved in these trade activities. The importing US states for this product may vary depending on market demand and industrial requirements. Similarly, the exporting US states will depend on production capacities and availability of Ethanal within the country.
Common US states involved in the import and export of Ethanal include California, Texas, Louisiana, New York, and Illinois. These states have significant industrial sectors that utilize Ethanal for various applications, such as manufacturing, pharmaceuticals, and chemicals.
HS Code 29121200 represents Ethanal (Acetaldehyde) in international trade. This article has provided an educational overview of this product, including its description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states. Understanding the details and implications of HS codes is crucial for businesses engaged in global trade, as it ensures compliance with regulations and facilitates smooth cross-border transactions.