Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29252960: A Comprehensive Guide to Aromatic Imines and Their Derivatives

The HS Code 29252960 refers to aromatic imines and their derivatives, including salts, which are used in various industries. This code excludes drugs and encompasses any other related products not elsewhere specified. In this article, we will explore the details of this HS code and provide more information about its applications and trade policies.

Product Description

Aromatic imines and their derivatives are chemical compounds that play a crucial role in many industries. These compounds are commonly used as intermediates in the synthesis of pharmaceuticals, dyes, and other organic compounds. They are known for their aromatic properties and the presence of an imine functional group (-C=N-).

The salts of aromatic imines are also included in this HS code. Salts are formed when an imine compound reacts with an acid or a base, resulting in the formation of a new compound with different properties. These salts can have various applications, such as in the preparation of catalysts or as additives in certain industries.

Trade Policies

When it comes to international trade, the MFN (Most Favored Nation) principle plays a significant role. According to this principle, 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. In the case of HS Code 29252960, the bound or MFN duty rate is 6.5%.

However, there are special tariff preference programs that offer more favorable treatment for imports of aromatic imines and their derivatives. These programs include:

• Free: Imports from least-developed beneficiary developing countries eligible for GSP (Generalized System of Preferences) under that subheading receive duty-free treatment. This means that these countries can import products under HS Code 29252960 without paying any duties.
• Australia Special Rate: Australia has a special rate for imports of aromatic imines and their derivatives, which allows them to be imported duty-free.
• Bahrain Special Rate: Similar to Australia, Bahrain also offers a special rate for these products, allowing them to be imported duty-free.
• NAFTA for Canada: Under the North American Free Trade Agreement (NAFTA), imports from Canada receive duty-free treatment.
• Chile Special Rate: Chile has a special rate for imports of aromatic imines and their derivatives, allowing them to be imported duty-free.
• Africa Growth and Opportunity Act (AGOA): Under this program, imports from eligible African countries receive duty-free treatment.
• Caribbean Basin Initiative (CBI): Imports from Caribbean countries eligible for CBI receive duty-free treatment.
• Israel Special Rate: Israel offers a special rate for imports of these products, allowing them to be imported duty-free.
• Andean Trade Preference Act (ATPA): Certain countries in the Andean region receive duty-free treatment under this program.
• Jordan Special Rate: Jordan offers a special rate for imports of aromatic imines and their derivatives, allowing them to be imported duty-free.
• Agreement on Trade in Pharmaceutical Products: This agreement grants duty-free treatment for imports of pharmaceutical products.
• Morocco Special Rate: Morocco has a special rate for imports of these products, allowing them to be imported duty-free.
• NAFTA for Mexico: Similar to Canada, imports from Mexico under NAFTA receive duty-free treatment.
• Oman Special Rate: Oman offers a special rate for imports of aromatic imines and their derivatives, allowing them to be imported duty-free.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Certain countries in the Dominican Republic and Central America receive duty-free treatment under this program.
• Peru Special Rate: Peru offers a special rate for imports of these products, allowing them to be imported duty-free.
• Singapore Special Rate: Singapore has a special rate for imports of aromatic imines and their derivatives, with a duty rate of 1%.

Importing US States

While the data provided does not specify the exporting US states, it mentions that the importing state is Nebraska. This suggests that Nebraska is a significant destination for imports of aromatic imines and their derivatives under HS Code 29252960.

Nebraska's demand for these products may be attributed to its industrial activities, such as pharmaceutical manufacturing, chemical production, and research and development in various sectors. The presence of academic institutions and research centers in Nebraska may also contribute to the importation of these chemical compounds.

HS Code 29252960 encompasses aromatic imines and their derivatives, including salts, which are widely used in various industries. The code specifies the product description, quantity unit, and trade policies associated with these products. Importing states, such as Nebraska, play a crucial role in the demand for aromatic imines and their derivatives. Understanding the details of this HS code can help businesses and policymakers navigate the international trade landscape and make informed decisions regarding imports and exports.