When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products. HS Code 29269025 specifically refers to aromatic herbicides of nitrile-function compounds, NESOI. Let's delve into the details of this HS code and understand its significance in global trade.
Aromatic herbicides of nitrile-function compounds, NESOI, fall under HS Code 29269025. These herbicides are primarily used to control and eradicate unwanted plants, commonly known as weeds. Nitrile-function compounds in these herbicides contribute to their efficacy in targeting specific types of plants, ensuring effective weed control.
The bound / MFN duty rate for products classified under HS Code 29269025 is 6.5%. This rate applies to all countries that lower trade barriers or open up their markets. It ensures that the same duty rate is applicable to the same goods or services from all trading partners of a country. This rate provides transparency and fairness in international trade, promoting equal treatment for all.
The quantity unit for measuring trade involving products under HS Code 29269025 is kilograms (KG). This unit helps standardize the measurement of the quantity of aromatic herbicides being imported or exported, facilitating accurate trade data analysis and comparisons.
Several countries offer special tariff preference programs for products classified under HS Code 29269025. These programs aim to promote trade and economic cooperation by providing preferential treatment to importers or exporters. Here are some of the notable programs and the corresponding tariff rates:
These special tariff preference programs enable importers or exporters to benefit from reduced or duty-free rates, making trade more economically viable and encouraging international cooperation.
HS Code 29269025 applies to trade involving various importing and exporting US states. The specific states involved in the import and export of aromatic herbicides of nitrile-function compounds, NESOI, under this HS code may vary based on market demand and trade dynamics. However, it is important to note that the United States is a significant player in the global trade of agricultural and chemical products, including herbicides.
HS Code 29269025 represents aromatic herbicides of nitrile-function compounds, NESOI. This HS code classification enables accurate identification and tracking of trade involving these herbicides. The bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code contribute to a fair and transparent international trade environment. Understanding and adhering to HS codes is crucial for importers, exporters, and policymakers to ensure efficient trade operations and foster economic growth.