HS Code 34031120 refers to preparations used for the treatment of textile materials. These preparations contain 50 to 70 percent or more by weight of petroleum oils. This code is used to classify and identify this specific type of product for import and export purposes.
The bound or Most Favored Nation (MFN) duty rate for HS Code 34031120 is 0.2%. The MFN duty rate is the rate applied to imports from all trading partners when a country lowers trade barriers or opens up its market. This ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 34031120 is liters (L). This unit of measurement is used to determine the volume or capacity of the textile treatment preparations being imported or exported.
There are several special tariff preference programs associated with HS Code 34031120. These programs provide preferential treatment or exemptions from duties for certain countries. The programs include:
When importing HS Code 34031120 into the United States, the exporting states may vary. Based on the provided data, the exporting states to the United States for this HS code include:
HS Code 34031120 refers to preparations for the treatment of textile materials containing a specific percentage of petroleum oils. It is important to understand the MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code when importing or exporting these products. Additionally, knowing the exporting states for this HS code can provide insights into trade patterns and market dynamics.