Pesticides play a crucial role in protecting crops and ensuring food security. Among the various types of pesticides, those belonging to the HS Code 29334930 are specifically designed to combat pests using heterocyclic compounds with nitrogen hetero-atoms. This article will provide an in-depth understanding of this HS code, including its product description, duty rates, quantity units, and special tariff preference programs.
The HS Code 29334930 refers to pesticides that consist of heterocyclic compounds with nitrogen hetero-atom(s) only, containing a quinoline or isoquinoline ring-system. These compounds are specifically formulated to target and eliminate pests that threaten crop productivity. By focusing on nitrogen hetero-atoms, these pesticides can effectively disrupt the biological processes of pests, ultimately leading to their elimination.
The bound / MFN (Most Favored Nation) duty rate for HS Code 29334930 is 6.5%. The MFN duty rate is the rate applied to imports from all trading partners. This means that 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.
The quantity unit for HS Code 29334930 is kilograms (KG). This unit of measurement is used to quantify the weight of the pesticides being imported or exported.
HS Code 29334930 is eligible for various special tariff preference programs, providing certain countries with preferential treatment. These programs include:
These special tariff preference programs aim to promote trade and provide economic incentives for countries participating in them. By offering duty-free or reduced duty rates, these programs encourage the import and export of pesticides, contributing to agricultural growth and development.
When it comes to the importing and exporting of pesticides under HS Code 29334930, Missouri is the primary state involved. The data provided indicates that Missouri is both the importing and exporting state. This suggests that Missouri plays a significant role in the trade of pesticides falling under this HS code.
In addition to Missouri, Puerto Rico is also involved in the export of pesticides under HS Code 29334930. This highlights the international nature of trade in these pesticides, with Puerto Rico serving as an exporting hub.
Overall, HS Code 29334930 represents a specific category of pesticides that target pests using heterocyclic compounds with nitrogen hetero-atom(s) and quinoline or isoquinoline ring-systems. Understanding the product description, duty rates, special tariff preference programs, and the states involved in import and export is essential for stakeholders in the agricultural and trade sectors.