The HS Code 29209050 refers to nonaromatic esters of other inorganic acids, their salts, and derivatives. This code is used to classify and categorize this specific type of product for international trade purposes. It provides a standardized system for identifying and tracking goods as they move across borders.
The product description for HS Code 29209050 includes nonaromatic esters of other inorganic acids (excluding hydrogen halides), their salts, and their derivatives. This means that it encompasses a wide range of substances that fall under this category.
When importing goods classified under this HS code, the bound / MFN duty rate is 3.7%. 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 rate is applied consistently to ensure fair trade practices.
The quantity unit for this HS code is kilograms (KG). This unit is used to measure the weight or quantity of the product being imported or exported.
There are several special tariff preference programs that apply to HS Code 29209050. These programs provide certain countries with preferential treatment or duty-free access to the United States market. Some of these programs include:
When it comes to importing HS Code 29209050 goods into the United States, the data shows that the states of Iowa and Montana are the main destinations. This information can be useful for traders and businesses looking to understand the market demand and potential opportunities for this specific product in these states.
HS Code 29209050 represents nonaromatic esters of other inorganic acids, their salts, and derivatives. It is important for international trade purposes as it provides a standardized system for classifying and tracking these goods. The bound / MFN duty rate, special tariff preference programs, and information about importing US states further enhance our understanding of this HS code and its implications in global trade.