HS Code 39022050: Polyisobutylene, other than elastomeric, in primary forms
Polyisobutylene is a versatile polymer that is widely used in various industries. It is classified under HS Code 39022050, which specifically refers to polyisobutylene in primary forms, excluding elastomeric forms. In this article, we will explore the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states related to this HS code.
Product Description
Polyisobutylene is a synthetic rubber-like material that exhibits excellent impermeability to gases, moisture, and chemicals. It is primarily used as a viscosity modifier, lubricant additive, and sealant in various applications. Unlike elastomeric forms, polyisobutylene in primary forms refers to the non-rubbery state of the polymer, commonly in the form of pellets, granules, or powders.
Bound / MFN Duty Rate
The bound or Most Favored Nation (MFN) duty rate for HS Code 39022050 is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same 6.5% duty rate for the import of polyisobutylene in primary forms from all its trading partners. The duty rate is a percentage of the product's declared value and is payable by the importer.
Quantity Unit
The quantity unit for HS Code 39022050 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported polyisobutylene in primary forms. It helps in accurately assessing the quantity of the product being traded and facilitates international trade transactions.
Special Tariff Preference Programs
Various special tariff preference programs are available for the importation of polyisobutylene in primary forms under HS Code 39022050. These programs provide specific benefits or exemptions to certain countries or regions. The following special tariff preference programs apply to this HS code:
- Free: Certain countries excluded from GSP eligibility for that HTS subheading (duty-free treatment)
- Australia Special Rate
- Bahrain Special Rate
- NAFTA for Canada (duty-free treatment)
- Chile Special Rate
- Caribbean Basin Initiative (CBI)
- Israel Special Rate (duty-free treatment)
- Andean Trade Preference Act (ATPA)
- Jordan Special Rate
- Morocco Special Rate
- NAFTA for Mexico
- Oman Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru Special Rate
- Singapore Special Rate
These special rates or exemptions allow eligible countries to import polyisobutylene in primary forms without paying the standard duty rate, providing them with a competitive advantage in the international market.
Importing and Exporting US States
The following US states are involved in the importation and exportation of polyisobutylene in primary forms under HS Code 39022050:
Importing US States:
- Louisiana
- Texas
- Louisiana
- Texas
- South Carolina
- Texas
- South Carolina
- Texas
- West Virginia
- West Virginia
- West Virginia
These states are actively involved in the importation of polyisobutylene in primary forms, indicating the demand for this versatile polymer in various industries within their respective regions.
HS Code 39022050 represents polyisobutylene in primary forms, excluding elastomeric forms. This article provided a comprehensive overview of the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states associated with this HS code. Understanding these details can be beneficial for businesses and individuals involved in the international trade of polyisobutylene.
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