The HS code 29251991 represents a specific category of products in the international trade classification system. It is used to identify and classify "Other non-aromatic imides and their derivatives." This article will provide an extensive overview of this HS code, its product description, import/export data, and special tariff preference programs associated with it.
The product description for HS code 29251991 includes non-aromatic imides and their derivatives. Imides are a type of organic compound that contain the functional group known as "imide." They are commonly used in various industries, including pharmaceuticals, polymers, and agrochemicals. The derivatives of imides refer to any chemical compounds derived from these imides through chemical reactions or modifications.
The bound / MFN (Most Favored Nation) duty rate for HS code 29251991 is 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate of 3.7% for the same goods or services from all its trading partners. The duty rate is a percentage of the product's declared value and is imposed by the importing country to generate revenue or protect domestic industries.
The quantity unit for HS code 29251991 is kilograms (KG). This unit of measurement is used to quantify the weight or mass of the product being imported or exported. It helps in accurately determining the quantity of goods involved in international trade transactions.
HS code 29251991 is eligible for various special tariff preference programs that provide specific benefits to the importing countries. Some of the notable programs applicable to this HS code include:
Other programs include Chile Special Rate, Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Agreement on Trade in Pharmaceutical Products, Uruguay Round Concessions on Intermediate Chemicals for Dyes, Morocco Special Rate, NAFTA for Mexico, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), and Peru Special Rate. These programs aim to promote trade and economic cooperation between the participating countries.
Based on the available data, the importing US state for HS code 29251991 is Nebraska. Nebraska is consistently mentioned as the destination for importation, indicating its demand or role in the trade of non-aromatic imides and their derivatives.
The exporting US states for HS code 29251991 are not specified in the provided data. However, it can be assumed that various states in the United States engage in the export of these products to other countries.
HS code 29251991 represents "Other non-aromatic imides and their derivatives." This article has provided an extensive overview of the HS code, including its product description, bound / MFN duty rate, quantity unit, special tariff preference programs, and information about importing and exporting US states. Understanding HS codes and their associated information is vital for international trade and customs processes.