The HS Code 29222110 refers to a specific product description, namely 1-Amino-8-hydroxy-3,6-naphthalenedisulfonic acid; and other specified aminohydroxynaphthalenesulfonic acids and their salts. In this article, we will delve into the details of this HS Code, including its bound/MFN duty rate, quantity unit, special tariff preference programs, and the importing and exporting US states.
The HS Code 29222110 covers 1-Amino-8-hydroxy-3,6-naphthalenedisulfonic acid, along with other specified aminohydroxynaphthalenesulfonic acids and their salts. This product is primarily used in various industries, such as chemical manufacturing, pharmaceuticals, and dyes. It plays a crucial role in the production of dyes, pigments, and intermediates for the manufacturing of other chemicals. The accurate classification of this product under the HS Code ensures proper identification and regulation of its import and export.
The bound/MFN duty rate for the HS Code 29222110 is 5.8%. It is important to note 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 ensures fair trade practices and equal treatment for all countries involved in the trade of this specific product.
The quantity unit for the HS Code 29222110 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the product being imported or exported. It helps in accurate valuation, logistics planning, and regulatory compliance.
The HS Code 29222110 is eligible for various special tariff preference programs, offering benefits to certain countries or regions. These programs include:
These special tariff preference programs provide duty-free treatment or special rates for imports of this product from specific countries or regions. It encourages trade partnerships and economic growth between the countries involved.
Based on the available data, the HS Code 29222110 is primarily imported and exported by the state of Puerto Rico. It indicates that Puerto Rico plays a significant role in the trade of this specific product. The import and export activities in Puerto Rico for this HS Code highlight its importance in the local economy and industrial sectors.
the HS Code 29222110 encompasses a specific product description of 1-Amino-8-hydroxy-3,6-naphthalenedisulfonic acid and other related compounds. Its bound/MFN duty rate, quantity unit, special tariff preference programs, and the involvement of Puerto Rico in its import and export activities contribute to a better understanding of its significance in international trade.