When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying goods for customs purposes. Each product is assigned a unique HS Code, which helps streamline trade procedures and facilitate global commerce. One such HS Code is 39159000, which covers waste, parings, and scrap of plastics not elsewhere specified or included (NESOI).
The product description for HS Code 39159000 is waste, parings, and scrap of plastics. This includes any discarded or leftover plastic materials that do not fall under any other specific category. Plastics are widely used in various industries, and the accumulation of waste plastic has become a significant concern for environmental sustainability.
For HS Code 39159000, the bound / most-favored-nation (MFN) duty rate is free. This means that countries are not required to impose any import duties on these goods. It is important to note that whenever 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 quantity unit for HS Code 39159000 is kilograms (KG). This implies that the measurement and pricing of waste, parings, and scrap of plastics are typically done in kilograms.
HS Code 39159000 is eligible for various special tariff preference programs, allowing certain countries to import these goods duty-free or at reduced rates. The following countries have special tariff rates for this HS Code:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment for specific goods.
While HS Code 39159000 applies to trade globally, it is also essential to understand the specific locations involved in importing and exporting these goods within the United States. For this HS Code, the importing US state is Delaware. On the other hand, the exporting US states for waste, parings, and scrap of plastics are Florida, South Carolina, Virginia, West Virginia, Michigan, and Tennessee.
These states play a significant role in the movement of waste plastics, contributing to the recycling and proper disposal of plastic materials. It showcases the importance of regional cooperation and the responsible management of plastic waste.
HS Code 39159000 encompasses waste, parings, and scrap of plastics not elsewhere specified or included. Understanding the details of this HS Code, such as the product description, duty rates, quantity unit, special tariff preference programs, and the involvement of specific US states in importing and exporting, is vital for businesses and policymakers involved in international trade.
By classifying and categorizing goods through HS Codes, countries can effectively regulate trade, promote fair competition, and address environmental concerns associated with waste plastics.