Monoethanolamine and its salts fall under the HS Code 29221100. This code is used to classify and identify this specific product for international trade purposes. In this article, we will explore the details of this HS code, its product description, duty rates, quantity unit, and special tariff preference programs.
Monoethanolamine, also known as MEA, is an organic compound with the formula C2H7NO. It is a clear, colorless, and viscous liquid with a faint odor. MEA is primarily used in various industries, including chemical manufacturing, pharmaceuticals, textile processing, gas treatment, and personal care products.
Under the HS Code 29221100, the product description also includes the salts of monoethanolamine. These salts are formed by combining MEA with various acids, such as hydrochloric acid or sulfuric acid, to create stable compounds for specific applications.
The bound or most-favored-nation (MFN) duty rate for HS Code 29221100 is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 6.5% for the import or export of monoethanolamine and its salts from all its trading partners.
The quantity unit for HS Code 29221100 is kilograms (KG). This unit is used to measure the weight or quantity of monoethanolamine and its salts during international trade transactions. It provides a standardized way to quantify the amount of product being imported or exported.
There are several special tariff preference programs available for the import and export of monoethanolamine and its salts under HS Code 29221100. These programs provide certain countries with preferential treatment, including duty-free or reduced-duty rates. Some of the notable programs include:
When importing monoethanolamine and its salts into the United States, the following states are commonly involved in trade:
These states, particularly Puerto Rico, play a significant role in the importation of HS Code 29221100 products. Their strategic location and infrastructure make them ideal for international trade activities.
To sum up, HS Code 29221100 represents monoethanolamine and its salts. This article has provided an extensive overview of the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code. Understanding these details is crucial for businesses and individuals involved in the import and export of monoethanolamine and its salts.