Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29339953: Aromatic or Modified Aromatic Cardiovascular Drugs

The HS Code 29339953 refers to aromatic or modified aromatic cardiovascular drugs of heterocyclic compounds with nitrogen hetero-atoms only, not elsewhere specified or included. This code is used to classify and categorize these specific drugs for trade and import/export purposes.

These drugs are commonly used in the treatment of cardiovascular diseases, including heart conditions and hypertension. They are formulated with heterocyclic compounds that contain nitrogen hetero-atoms, which play a crucial role in their therapeutic properties.

The bound or most-favored-nation (MFN) duty rate for HS Code 29339953 is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to apply the same duty rate for the import of these drugs from all its trading partners. This ensures fair and equal treatment for all countries involved in trade.

The quantity unit for HS Code 29339953 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported drugs.

There are several special tariff preference programs applicable to HS Code 29339953. These programs provide specific benefits or exemptions from duty for certain countries. The programs applicable to this HS Code include:

• Free: 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
• Chile Special Rate
• Africa Growth and Opportunity Act (AGOA): Duty-free treatment
• Caribbean Basin Initiative (CBI)
• Israel Special Rate: Duty-free treatment
• Andean Trade Preference Act (ATPA)
• Jordan Special Rate
• Agreement on Trade in Pharmaceutical Products: Duty-free treatment
• Morocco Special Rate
• NAFTA for Mexico
• Oman Special Rate
• Dominican Republic-Central American Special Rate (DR-CAFTA)
• Peru Special Rate
• Singapore Special Rate

When importing HS Code 29339953 to the United States, the following states are notable importers: Indiana, Nebraska, Puerto Rico, and Delaware. These states have a significant demand for aromatic or modified aromatic cardiovascular drugs, indicating the prevalence of cardiovascular diseases in these regions.

On the other hand, the primary exporting state for HS Code 29339953 in the United States is Missouri. This suggests that Missouri produces a substantial amount of these drugs, potentially catering to both domestic and international markets.

HS Code 29339953 represents aromatic or modified aromatic cardiovascular drugs of heterocyclic compounds with nitrogen hetero-atoms only. Understanding this HS Code is essential for trade and import/export activities involving these drugs. The specific duty rates, quantity unit, and special tariff preference programs associated with this HS Code provide valuable information for businesses and regulatory authorities involved in the pharmaceutical industry.