Enzymes play a crucial role in various industries, from pharmaceuticals to food processing. They are biological catalysts that speed up chemical reactions, making them essential in many manufacturing processes. The HS Code 35079070 specifically refers to enzymes and prepared enzymes not elsewhere specified or included. In this article, we will delve into the details of this HS Code, its product description, duty rates, special tariff preference programs, and the importing and exporting US states.
The HS Code 35079070 encompasses enzymes and prepared enzymes that are not classified under any other specific heading. This broad category includes various enzymes used in different industries, such as proteases, amylases, lipases, and cellulases. Enzymes are typically derived from natural sources, such as plants, animals, or microorganisms, and are utilized for their catalytic properties.
The bound (MFN) duty rate for HS Code 35079070 is free. This means that no customs duty is imposed on the importation of enzymes and prepared enzymes. The principle of "most favored nation" ensures that when 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. Therefore, the duty-free treatment applies uniformly to all countries.
The quantity unit for HS Code 35079070 is kilograms (KG). This unit of measurement is used to determine the weight or quantity of enzymes being imported or exported.
Several special tariff preference programs are applicable to HS Code 35079070. These programs provide additional benefits or exemptions to certain countries. The following countries and regions enjoy special rates or duty-free treatment:
These special tariff preference programs aim to promote trade and strengthen economic ties between the United States and the participating countries.
When it comes to importing HS Code 35079070 into the United States, the data shows that the state of Iowa is the primary destination. On the other hand, the exporting US states for this HS Code are Idaho, Oklahoma, and Nebraska.
The concentration of imports in Iowa indicates a significant demand for enzymes in industries within the state. These enzymes may be utilized in various sectors, including agriculture, manufacturing, and biotechnology. The presence of exporting states like Idaho, Oklahoma, and Nebraska suggests that these regions have companies or facilities involved in the production or distribution of enzymes.
Overall, the HS Code 35079070 plays a vital role in facilitating the import and export of enzymes and prepared enzymes. Its duty-free status, along with special tariff preference programs, promotes international trade and supports the growth of industries reliant on these essential biological catalysts.