Polyethylene is a versatile and widely used plastic material that is classified under HS Code 39012010. This specific HS code refers to polyethylene with a specific gravity of 0.94 or more and a relative viscosity of 1.44 or more, in primary forms. In this article, we will explore the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code.
The product description of HS Code 39012010 is polyethylene in primary forms. It is important to note that primary forms refer to the raw material stage of polyethylene, such as granules or pellets. Polyethylene is a type of thermoplastic polymer that is derived from ethylene monomers. It is known for its excellent strength, durability, and resistance to chemicals and moisture. With a specific gravity of 0.94 or more and a relative viscosity of 1.44 or more, this type of polyethylene exhibits specific properties that make it suitable for various applications.
The bound or most-favored-nation (MFN) duty rate for HS Code 39012010 is 6.5%. This means that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 6.5% for the importation of polyethylene in primary forms from all its trading partners. The MFN principle ensures fairness and equal treatment among trading partners in terms of tariffs.
The quantity unit for HS Code 39012010 is kilograms (KG). This means that the measurement and pricing of polyethylene in primary forms are based on its weight in kilograms. The KG unit allows for standardized and accurate measurement when trading this product internationally.
HS Code 39012010 is eligible for various special tariff preference programs, which provide certain countries with preferential treatment or duty-free access to the US market. The following special tariff preference programs apply to polyethylene in primary forms:
These special tariff preference programs aim to promote trade and economic cooperation between the United States and the countries mentioned. They provide incentives and benefits for importers and exporters dealing with HS Code 39012010, such as reduced or zero-duty rates.
HS Code 39012010, being a widely used material, is imported and exported by various US states. The following US states are involved in the importation and exportation of polyethylene in primary forms:
These states play a significant role in the trade of HS Code 39012010, showcasing the demand and importance of polyethylene in the United States.
HS Code 39012010 represents polyethylene in primary forms with specific properties and characteristics. It is subject to a bound / MFN duty rate of 6.5% and is measured in kilograms (KG). Additionally, it benefits from various special tariff preference programs, allowing for duty-free access to the US market for certain countries. The importation and exportation of this product involve several US states, including Louisiana, Texas, and South Carolina. Understanding the details and implications of HS Code 39012010 is crucial for businesses involved in the trade of polyethylene in primary forms.