Adhesive preparations are essential in various industries, providing the means to join materials together efficiently and securely. HS Code 35069100 specifically refers to adhesive preparations based on rubber or plastics, including artificial resins. This article will delve into the details of this HS code, exploring its product description, duty rates, quantity units, and special tariff preference programs.
The product description for HS Code 35069100 indicates that it encompasses adhesive preparations that are derived from rubber or plastics, including artificial resins. These preparations are designed to provide effective adhesion between different materials, facilitating the assembly and production processes in various industries. The wide range of adhesive formulations available under this HS code allows for versatile applications across different sectors.
The bound / MFN duty rate for HS Code 35069100 is 2.1%. This duty rate applies every time a country lowers a trade barrier or opens up a market. It is essential to note that when a country reduces or eliminates duties for adhesive preparations based on rubber or plastics, it must extend the same treatment to all its trading partners for the same goods or services. This principle ensures fair and equal trade practices among nations.
The quantity unit for HS Code 35069100 is kilograms (KG). This unit of measurement is commonly used to quantify the weight or mass of adhesive preparations. By standardizing the quantity unit, it becomes easier for importers, exporters, and customs officials to accurately determine the amount of adhesive preparations involved in international trade transactions.
HS Code 35069100 is eligible for several special tariff preference programs, offering certain countries preferential treatment or duty-free access to the market. The following countries enjoy special tariff rates or duty-free treatment for adhesive preparations based on rubber or plastics:
These special tariff preference programs aim to foster trade relationships, promote economic growth, and encourage cooperation between countries. By providing preferential treatment to certain nations, these programs facilitate the import and export of adhesive preparations, benefiting both exporters and importers.
While the HS code provides a standardized classification system for global trade, it is also essential to consider the specific regions involved in importing and exporting adhesive preparations based on rubber or plastics. Based on the available data, the following US states are involved in these trade activities:
These states play a crucial role in the import and export of adhesive preparations, contributing to the overall trade volume and economic activity surrounding HS Code 35069100.
HS Code 35069100 encompasses adhesive preparations based on rubber or plastics, including artificial resins. It is important to understand the product description, duty rates, quantity units, and special tariff preference programs associated with this HS code when engaging in international trade involving adhesive preparations. By adhering to the guidelines and regulations established, importers and exporters can ensure smooth and compliant trade operations.