HS Code 40023100: Isobutene-isoprene (butyl) rubber (IIR)

HS Code 40023100 refers to Isobutene-isoprene (butyl) rubber (IIR) in primary forms, plates, sheets, or strip. This article will provide an extensive overview of this specific HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the states involved in importing and exporting this product in the United States.

Product Description

Isobutene-isoprene (butyl) rubber (IIR) is a type of synthetic rubber that possesses excellent resistance to heat, aging, and chemicals. It is commonly used in various applications, including automotive tires, inner tubes, seals, gaskets, adhesives, and coatings. The rubber is manufactured in primary forms, plates, sheets, or strip, depending on the specific requirements of the end-use industries.

Bound / MFN Duty Rate

The bound duty rate for HS Code 40023100 is free. 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. This encourages fair and equal trade practices among nations.

Quantity Unit

The quantity unit for HS Code 40023100 is kilograms (KG). This unit of measurement is used to determine the weight of the imported or exported Isobutene-isoprene (butyl) rubber (IIR) in primary forms, plates, sheets, or strip.

Special Tariff Preference Programs

HS Code 40023100 is eligible for various special tariff preference programs, which provide duty-free treatment or reduced duty rates for certain countries. The following programs apply to this HS code:

Generalized System of Preferences (GSP) - Provides duty-free treatment for eligible products from developing countries.
Australia Special Rate - Duty-free treatment for specific automotive products under the Automotive Products Trade Act (APTA).
Bahrain Special Rate - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Bahrain.
Agreement on Trade in Civil Aircraft - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) used in civil aircraft manufacturing.
NAFTA for Canada and Mexico - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Canada and Mexico under the North American Free Trade Agreement (NAFTA).
Chile Special Rate - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Chile.
Caribbean Basin Initiative (CBI) - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) from eligible Caribbean countries.
Israel Special Rate - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Israel.
Andean Trade Preference Act (ATPA) - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) from eligible Andean countries.
Jordan Special Rate - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Jordan.
Morocco Special Rate - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Morocco.
Oman Special Rate - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Oman.
Dominican Republic-Central American Special Rate (DR-CAFTA) - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) from eligible countries in the DR-CAFTA region.
Peru Special Rate - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Peru.
Singapore Special Rate - Duty-free treatment for Isobutene-isoprene (butyl) rubber (IIR) imported from Singapore.

Importing US States

The following states in the United States are involved in importing Isobutene-isoprene (butyl) rubber (IIR) under HS Code 40023100:

Arkansas
Colorado
Minnesota
Missouri
Nebraska
New Mexico
North Carolina
Ohio
Pennsylvania
Wisconsin

Exporting US States

The following states in the United States are involved in exporting Isobutene-isoprene (butyl) rubber (IIR) under HS Code 40023100:

Arizona
Colorado
Delaware
Maryland
Michigan
Minnesota
New Hampshire
New Mexico
Pennsylvania
Vermont
Wisconsin

HS Code 40023100 plays a crucial role in facilitating the international trade of Isobutene-isoprene (butyl) rubber (IIR). Understanding the product description, duty rates, special tariff preference programs, and the states involved in importing and exporting this product is essential for importers, exporters, and businesses operating in the rubber industry.