Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29182250: Salts and Esters of O-acetylsalicylic acid

The HS Code 29182250 refers to the classification of salts and esters of O-acetylsalicylic acid, commonly known as aspirin. This code is used to identify and classify this specific product for customs and trade purposes globally.

Salts and esters of O-acetylsalicylic acid are commonly used in the pharmaceutical industry for their analgesic and anti-inflammatory properties. Aspirin, in its various forms, is widely used to relieve pain, reduce fever, and alleviate inflammation.

The bound or most-favored-nation (MFN) duty rate for HS Code 29182250 is 6.5%. 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 is applicable to imports of salts and esters of O-acetylsalicylic acid from any country.

The quantity unit for this HS Code is kilograms (KG). This unit is used to measure the weight of the imported or exported product.

There are several special tariff preference programs that offer duty-free treatment for imports of salts and esters of O-acetylsalicylic acid under HS Code 29182250. These programs include:

• Free Trade Agreement (FTA) countries: Certain countries excluded from the Generalized System of Preferences (GSP) eligibility for that HTS (Harmonized Tariff Schedule) subheading. This means that these countries receive duty-free treatment for their imports.
• Australia Special Rate: Australia has a specific special rate for imports of this product, which grants them duty-free treatment.
• Bahrain Special Rate: Bahrain also enjoys a special rate for imports of salts and esters of O-acetylsalicylic acid, providing them with duty-free treatment.
• NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), imports of this product from Canada receive duty-free treatment.
• Chile Special Rate: Chile has a special rate for imports of this product, allowing them to enjoy duty-free treatment.
• Caribbean Basin Initiative (CBI): Countries included in the Caribbean Basin Initiative have duty-free treatment for their imports of salts and esters of O-acetylsalicylic acid.
• Israel Special Rate: Imports from Israel receive duty-free treatment under a special rate for this product.
• Andean Trade Preference Act (ATPA): Countries included in the Andean Trade Preference Act enjoy duty-free treatment for their imports of this product.
• Jordan Special Rate: Jordan has a special rate for imports of salts and esters of O-acetylsalicylic acid, granting them duty-free treatment.
• Agreement on Trade in Pharmaceutical Products: This agreement provides duty-free treatment for imports of pharmaceutical products, including salts and esters of O-acetylsalicylic acid.
• Morocco Special Rate: Imports from Morocco receive duty-free treatment under a special rate for this product.
• NAFTA for Mexico: Similar to Canada, imports of this product from Mexico receive duty-free treatment under NAFTA.
• Oman Special Rate: Oman has a special rate for imports of salts and esters of O-acetylsalicylic acid, granting them duty-free treatment.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Countries included in the DR-CAFTA agreement enjoy duty-free treatment for their imports of this product.
• Peru Special Rate: Peru has a special rate for imports of this product, allowing them to enjoy duty-free treatment.
• Singapore Special Rate: Imports from Singapore receive duty-free treatment under a special rate for salts and esters of O-acetylsalicylic acid.

When importing salts and esters of O-acetylsalicylic acid under HS Code 29182250, certain US states are known for their import activities. These states include Mississippi, Rhode Island, and West Virginia. These states have significant imports of this product, indicating a demand for aspirin and its derivatives in these regions.

On the other hand, the data provided does not specify the exporting US states for salts and esters of O-acetylsalicylic acid. However, it is important to note that the United States is a major producer of pharmaceutical products, including aspirin and its derivatives. Therefore, it is likely that various states within the US are involved in exporting these products to other countries.

HS Code 29182250 represents salts and esters of O-acetylsalicylic acid, commonly known as aspirin. This code is used for customs and trade purposes to classify and identify this specific product. The duty rate for imports is 6.5%, and various special tariff preference programs offer duty-free treatment for imports of this product from specific countries. Understanding the HS Code and related information is crucial for importers, exporters, and policymakers involved in the trade of pharmaceutical products.