HS Code 29189930 pertains to aromatic drugs derived from carboxylic acids with additional oxygen function, and their derivatives, not elsewhere specified. This article aims to provide an extensive understanding of this HS code and its implications in international trade.
The product description for HS Code 29189930 includes aromatic drugs derived from carboxylic acids with additional oxygen function, and their derivatives. This category encompasses a wide range of drugs and pharmaceuticals that fall under this classification.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29189930 is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The 6.5% duty rate is applicable to imports of products falling under this HS code.
The quantity unit for HS Code 29189930 is kilograms (KG). This unit is used to measure the weight of the imported or exported goods falling under this classification.
Several special tariff preference programs offer favorable treatment for imports of products under HS Code 29189930. These programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods.
HS Code 29189930 is imported into the following US states:
These states are significant importers of products falling under HS Code 29189930, indicating a demand for aromatic drugs derived from carboxylic acids and their derivatives.
The data provided does not specify the exporting US states for products falling under HS Code 29189930. However, it is important to note that the United States is a major exporter of pharmaceuticals and drugs globally.
HS Code 29189930 covers aromatic drugs derived from carboxylic acids with additional oxygen function, and their derivatives. This HS code is subject to a 6.5% bound / MFN duty rate and is measured in kilograms. Various special tariff preference programs provide favorable treatment for imports of these products, promoting international trade and economic cooperation. The importation of HS Code 29189930 is significant in the US states of Iowa and Montana, showcasing a demand for these pharmaceutical products in these regions.