Acrylic polymers, excluding plastics or elastomers, in primary forms fall under the HS Code 39069050. This code is used to classify and track the import and export of these specific products. In this article, we will explore the details of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 39069050 refers to acrylic polymers in primary forms. These polymers are not classified as plastics or elastomers. Acrylic polymers are widely used in various industries due to their excellent thermal stability, clarity, and weather resistance. They are commonly used in the manufacturing of paints, adhesives, textiles, and coatings.
The bound or MFN (Most Favored Nation) duty rate for HS Code 39069050 is 4.2%. This means that every time 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. The duty rate of 4.2% is applicable to the import and export of acrylic polymers in primary forms.
The quantity unit for HS Code 39069050 is kilograms (KG). This unit is used to measure the weight of the imported or exported acrylic polymers. It provides a standardized measurement for trade transactions and enables accurate calculations of quantities involved.
Under the HS Code 39069050, there are several special tariff preference programs available for importing and exporting countries. These programs offer preferential treatment in terms of duty rates. The following countries and agreements provide special tariff preferences for acrylic polymers in primary forms:
When it comes to the import and export of acrylic polymers in primary forms under HS Code 39069050, certain US states are involved. The importing state is Delaware, while the exporting states include Arkansas, Kentucky, Louisiana, Texas, Rhode Island, West Virginia, and Georgia. However, Delaware appears to be the primary importing state for this product.
Overall, HS Code 39069050 plays a crucial role in categorizing and regulating the trade of acrylic polymers in primary forms. Understanding this code and its associated details is essential for importers, exporters, and regulatory authorities to ensure smooth and compliant international trade.