Diethanolamine and its salts fall under HS Code 29221200. This code is used to classify and identify specific goods for import and export purposes. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with HS Code 29221200.
Diethanolamine and its salts are chemical substances used in various industries such as pharmaceuticals, cosmetics, and personal care products. They are commonly used as emulsifiers, surfactants, and corrosion inhibitors. Diethanolamine and its salts play a crucial role in enhancing the performance and stability of many consumer and industrial products.
The bound or Most Favored Nation (MFN) duty rate for HS Code 29221200 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. The duty rate ensures fair trade practices and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 29221200 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported diethanolamine and its salts. It helps in calculating the quantity of the product and facilitating accurate trade transactions.
HS Code 29221200 is eligible for various special tariff preference programs. These programs provide specific benefits and exemptions to countries participating in trade agreements. The following countries have special tariff rates or duty-free treatment for diethanolamine and its salts:
These special tariff preference programs aim to promote trade and economic cooperation between countries. They provide incentives for importing and exporting diethanolamine and its salts, fostering international business relationships.
When it comes to importing and exporting diethanolamine and its salts within the United States, the following states are involved:
Puerto Rico plays a significant role in the import and export of diethanolamine and its salts in the United States. It serves as a key hub for international trade and contributes to the country's economy.
HS Code 29221200 represents diethanolamine and its salts, which are essential chemical substances used in various industries worldwide. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this code is crucial for businesses and individuals involved in international trade.