Aromatic amino-acids and their esters are essential compounds used in various industries, including pharmaceuticals, cosmetics, and food. This article will provide an extensive overview of HS Code 29224930, including its product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states.
HS Code 29224930 refers to aromatic amino-acids and their esters. However, it excludes compounds with more than one oxygen function. Additionally, the description of this HS code is described in additional U.S. note 3 to section VI, providing more specific details about the products covered under this code.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29224930 is 6.5%. This means 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 to all imports falling under this HS code.
The quantity unit for HS Code 29224930 is kilograms (KG). This unit of measurement provides a standardized way to quantify the amount of aromatic amino-acids and their esters being imported or exported.
HS Code 29224930 is eligible for various special tariff preference programs. These programs offer reduced or zero duty rates for imports falling under this HS code. Here are some of the notable programs:
These special tariff preference programs aim to promote trade and provide economic benefits for both importing and exporting countries.
HS Code 29224930's import data shows that Puerto Rico is the main importing US state for aromatic amino-acids and their esters. It is essential to note that this information is based on the available data and may vary over time. However, Puerto Rico consistently appears as a significant destination for these products.
Unfortunately, the provided data does not specify the exporting US states for HS Code 29224930. Further information or updated data would be required to determine the exporting US states for aromatic amino-acids and their esters.
HS Code 29224930 encompasses aromatic amino-acids and their esters, excluding compounds with more than one oxygen function. This code is subject to a bound / MFN duty rate of 6.5% and is measured in kilograms (KG). Various special tariff preference programs offer reduced or duty-free treatment for imports falling under this HS code. Puerto Rico is the prominent importing US state for these products. Understanding the details of this HS code is crucial for businesses involved in the import and export of aromatic amino-acids and their esters.