Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29334920: An Extensive Overview

The HS Code 29334920 refers to a specific classification used in international trade to identify a particular product. In this article, we will delve into the details of HS Code 29334920 and provide comprehensive information about the product it represents.

Product Description

The product associated with HS Code 29334920 is 5-Chloro-7-iodo-8-quinolinol, also known as Iodochlorhydroxyquin. Additionally, it includes Decoquinate, Diiodohydroxyquin, and Oxyquinoline sulfate. These substances find applications in various industries, including pharmaceuticals, agriculture, and research.

Bound / MFN Duty Rate

The bound / MFN duty rate for products classified under HS Code 29334920 is 6.5%. This rate applies whenever a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equivalent treatment.

Quantity Unit

The quantity unit for the products falling under HS Code 29334920 is kilograms (KG). This unit of measurement is universally recognized and facilitates international trade by providing a standardized means of quantifying the product.

Special Tariff Preference Programs

HS Code 29334920 is eligible for various special tariff preference programs, offering certain countries preferential treatment. These programs include:

• Free Trade Agreement (A+, AU, BH, CA, CL, D, E, IL, J, JO, K, MA, MX, OM, P, PE, SG): Only imports from least-developed beneficiary developing countries eligible for GSP under that subheading receive duty-free treatment.
• Australia Special Rate
• Bahrain Special Rate
• NAFTA for Canada: Duty-free treatment under the North American Free Trade Agreement (NAFTA) for imports from Canada.
• Chile Special Rate
• Africa Growth and Opportunity Act (AGOA): Duty-free treatment under AGOA for eligible countries in Africa.
• Caribbean Basin Initiative (CBI)
• Israel Special Rate
• Andean Trade Preference Act (ATPA)
• Jordan Special Rate
• Agreement on Trade in Pharmaceutical Products: Duty-free treatment for imports related to pharmaceutical products.
• Morocco Special Rate
• NAFTA for Mexico: Duty-free treatment under NAFTA for imports from Mexico.
• Oman Special Rate
• Dominican Republic-Central American Special Rate (DR-CAFTA)
• Peru Special Rate
• Singapore Special Rate

Importing and Exporting US States

The data available indicates that the state of Missouri is both an importing and exporting entity for the product associated with HS Code 29334920. This suggests that there is a significant trade activity related to this product within the state of Missouri.

Furthermore, Puerto Rico is also involved in exporting the product, indicating that the trade of HS Code 29334920 extends beyond the borders of the United States mainland.

HS Code 29334920 encompasses a range of products, including 5-Chloro-7-iodo-8-quinolinol, Decoquinate, Diiodohydroxyquin, and Oxyquinoline sulfate. It is subject to a bound / MFN duty rate of 6.5% and is measured in kilograms (KG). Various special tariff preference programs provide favorable treatment for imports falling under this HS Code. Missouri and Puerto Rico are actively engaged in both importing and exporting the product associated with HS Code 29334920, indicating its significance in international trade.