The HS Code 29321950 refers to a specific category of chemical compounds known as Nonaromatic Heterocyclic Compounds with Oxygen Hetero-atom(s) Only, containing an unfused furan ring. These compounds are classified under the Harmonized System (HS) for international trade and are subject to specific regulations and tariffs when imported or exported.
When it comes to trade between countries, the MFN (Most Favored Nation) duty rate applies to this HS code, which is set at 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for this HS code is measured in kilograms (KG). This measurement is used to determine the weight of the imported or exported Nonaromatic Heterocyclic Compounds with Oxygen Hetero-atom(s) Only.
There are several special tariff preference programs associated with HS Code 29321950. Some countries offer duty-free treatment for the import of these compounds. The countries that provide this special treatment include Australia (A), Austria (AU), Bahrain (BH), Canada (CA), Chile (CL), European Union (E), Israel (IL), Japan (J), Jordan (JO), South Korea (K), Morocco (MA), Mexico (MX), Oman (OM), Peru (P), Singapore (SG).
The special tariff preference programs associated with HS Code 29321950 are as follows:
When it comes to importing or exporting HS Code 29321950, there are specific states within the United States that engage in this trade. The importing US states include Alabama and Arkansas. On the other hand, the exporting US states also include Alabama and Arkansas. These states play a significant role in the trade of Nonaromatic Heterocyclic Compounds with Oxygen Hetero-atom(s) Only, containing an unfused furan ring.
HS Code 29321950 refers to Nonaromatic Heterocyclic Compounds with Oxygen Hetero-atom(s) Only, containing an unfused furan ring. It is a specific category of chemical compounds that are subject to regulations and tariffs when imported or exported. Several special tariff preference programs provide duty-free treatment or special rates for importing these compounds. The trade of HS Code 29321950 involves specific US states such as Alabama and Arkansas. Understanding the HS code and its associated regulations is crucial for international trade in this category of compounds.