Sodium acetate, classified under HS Code 29152920, is a chemical compound commonly used in various industries. In this article, we will explore the properties, applications, and key information related to this product.
Sodium acetate is an organic compound with the chemical formula CH3COONa. It is a white crystalline powder that is highly soluble in water. This compound is derived from the reaction between acetic acid and sodium carbonate or sodium hydroxide.
With its distinct vinegar-like odor, sodium acetate is widely used in the food industry as a flavoring agent and preservative. It is also utilized in various other sectors, including pharmaceuticals, textiles, and photography.
The HS Code 29152920 is specifically assigned to sodium acetate by the International Trade Commission (ITC). This code is an internationally recognized standard for classifying traded products, ensuring uniformity in customs procedures and tariff rates.
By using the HS Code 29152920, countries can easily identify and categorize sodium acetate during international trade. This code assists in determining import duties, export regulations, and statistical tracking of the product.
The Bound / MFN (Most Favored Nation) duty rate for sodium acetate is 3.7%. This rate applies whenever a country lowers a trade barrier or opens up a market, ensuring equal treatment for all trading partners.
The Bound / MFN duty rate ensures that importers and exporters of sodium acetate face a consistent tariff, promoting fair and equitable trade practices. This rate is subject to change based on international trade agreements and negotiations.
The quantity unit for sodium acetate is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the amount of product being imported or exported.
By utilizing the kilograms unit, traders can accurately determine the weight of sodium acetate shipments, facilitating efficient logistics and supply chain management.
Sodium acetate benefits from several special tariff preference programs. These programs provide specific trade advantages, including duty-free treatment or reduced tariffs, for countries participating in them. The countries eligible for these special rates under HS Code 29152920 include:
These special tariff preference programs promote trade between the participating countries, fostering economic cooperation and development.
Sodium acetate is imported and exported by various US states. The importers and exporters of this product can be found across the country, engaging in international trade for various purposes.
Some notable US states involved in importing and exporting sodium acetate include:
These states are significant players in global trade, facilitating the exchange of sodium acetate and other goods with countries around the world.
Sodium acetate, classified under HS Code 29152920, plays a crucial role in various industries due to its versatile properties and applications. With its distinct odor and white crystalline appearance, sodium acetate is utilized in the food, pharmaceutical, textile, and photography sectors.
By utilizing the HS Code 29152920, countries can effectively classify and regulate the import and export of sodium acetate. The Bound / MFN duty rate ensures fair treatment for all trading partners, while special tariff preference programs provide additional trade benefits for eligible countries.
As sodium acetate continues to be an essential component in global trade, understanding its HS Code and related information is vital for businesses and regulatory bodies alike.