Aromatic phosphoric esters and their salts, including lactophosphates, and their derivatives, not used as plasticizers, fall under the HS code 29199030. This article aims to provide an extensive overview of this HS code, its product description, duty rates, quantity units, and special tariff preference programs related to it.
The product covered by HS code 29199030 refers to aromatic phosphoric esters and their salts, which include lactophosphates and their derivatives. It is important to note that these substances are not used as plasticizers. Phosphoric esters find applications in various industries, such as pharmaceuticals, agriculture, and manufacturing, due to their unique properties and chemical compositions.
The bound or most-favored-nation (MFN) duty rate for HS code 29199030 is 6.5%. The MFN principle ensures 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. This duty rate applies uniformly to all countries unless specific tariff preference programs are in place.
The quantity unit for measuring imports and exports under HS code 29199030 is kilograms (KG). This unit is commonly used for trade statistics, providing a standardized measurement to track the volume of goods being traded.
Several special tariff preference programs are applicable to imports under HS code 29199030. These programs offer preferential treatment in terms of duty rates or duty-free importation. Here are the details of the programs:
For imports under HS code 29199030, the following US states are listed as major importers:
These states play a significant role in the importation of aromatic phosphoric esters and their salts, contributing to the overall trade volume under this HS code.
No specific information regarding exporting US states is available for HS code 29199030. However, it is important to note that the trade flow is not limited to domestic trade but also involves exports to various countries worldwide.
HS code 29199030 covers aromatic phosphoric esters and their salts, excluding their use as plasticizers. This article provided a detailed overview of the product description, duty rates, quantity units, special tariff preference programs, and major importing US states related to this HS code. Understanding these aspects can aid businesses, trade professionals, and policymakers in effectively navigating international trade involving these substances.