When it comes to international trade, it is essential to have a standardized system of classification for goods. This is where the Harmonized System (HS) code comes into play. Each product is assigned a unique HS code, which is used globally to facilitate trade and ensure uniformity in customs declarations.
In this article, we will delve into the details of HS Code 29331923, which refers to aromatic or modified aromatic pesticides containing an unfused pyrazole ring in their structure. Let's explore this HS code further and understand its significance.
The HS Code 29331923 covers a specific category of pesticides. These pesticides are characterized by the presence of an unfused pyrazole ring in their chemical structure. It is important to note that these pyrazole rings can be hydrogenated or non-hydrogenated.
Pyrazole is a five-membered aromatic ring with two adjacent nitrogen atoms. It is widely used in the synthesis of various compounds, including pesticides. The presence of this ring in the structure of the pesticides covered by HS Code 29331923 imparts specific properties and functionalities to these products.
The bound / MFN (Most Favored Nation) duty rate for products falling under HS Code 29331923 is 6.5%. The MFN duty rate is the rate that a country applies to imports from its trading partners unless it has a specific trade agreement or preference program in place.
It is important to note that trade barriers or market openings are subject to the principle of non-discrimination. This means that when 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 principle ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 29331923 is kilograms (KG). This means that the measurement and trading of these pesticides are done using the metric system of kilograms.
There are several special tariff preference programs applicable to HS Code 29331923. These programs provide specific benefits and preferential treatment to imports of these pesticides from certain countries. Let's take a closer look at these programs:
These special tariff preference programs aim to promote trade, encourage economic cooperation, and strengthen relationships between participating countries.
HS Code 29331923 is imported into several states in the United States. The following states are prominent importers of products falling under this HS code:
These states play a significant role in the importation and distribution of aromatic or modified aromatic pesticides containing an unfused pyrazole ring.
While the specific exporting states are not mentioned in the available data, it is important to note that the United States is a major exporter of various products, including pesticides. The products falling under HS Code 29331923 may also be exported to various countries worldwide.
HS Code 29331923 covers aromatic or modified aromatic pesticides containing an unfused pyrazole ring in their structure. This HS code facilitates international trade by providing a standardized classification system for these specific products. The bound / MFN duty rate, special tariff preference programs, quantity unit, and importation patterns in the United States all contribute to the understanding and significance of this HS code.