The HS Code 38123060 refers to antioxidizing preparations for rubber and plastics that contain any aromatic or modified aromatic antioxidant or stabilizer not elsewhere specified. These substances are used to prevent degradation and improve the stability of rubber and plastic materials.
When it comes to international trade, the bound or most-favored-nation (MFN) duty rate for this HS code is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate is applicable regardless of the country of origin.
The quantity unit for this HS code is kilograms (KG), which indicates that the measurement for importing and exporting this product is done in weight.
There are several special tariff preference programs that apply to the import and export of products under this HS code. These programs provide certain countries with preferential treatment, including duty-free access to the market. The countries included in these special tariff preference programs for HS Code 38123060 are:
These special tariff preference programs aim to promote trade and economic cooperation between these countries and the United States.
When it comes to importing products under HS Code 38123060, the following US states are known for their export activities:
These states have been actively involved in exporting antioxidizing preparations for rubber and plastics, contributing to the overall trade volume of this HS code.
HS Code 38123060 refers to antioxidizing preparations for rubber and plastics that contain aromatic or modified aromatic antioxidants or stabilizers. This HS code is subject to a bound or MFN duty rate of 6.5% and is measured in kilograms. There are also special tariff preference programs that provide certain countries with duty-free treatment. When it comes to exporting this product, Illinois, New Jersey, and Oklahoma are notable US states.