The Harmonized System (HS) Code 40024100 refers to chloroprene (chlorobutadiene) rubber (CR) in primary forms or in plates, sheets, or strip. This specific code is used to classify and identify this type of rubber for international trade purposes. In this article, we will explore the product description, tariff rates, special tariff preference programs, and the states involved in importing and exporting this product.
Chloroprene rubber, also known as CR, is a synthetic rubber made from chlorobutadiene. It possesses excellent resistance to ozone, weathering, and chemicals, making it suitable for various applications. HS Code 40024100 specifically includes chloroprene rubber in primary forms or in plates, sheets, or strip. This classification allows for easy identification and trade facilitation.
The bound or most-favored-nation (MFN) duty rate for HS Code 40024100 is free. This means that countries must lower trade barriers or open up their markets for the same goods or services from all their trading partners. The MFN principle promotes fair and equal treatment in international trade, ensuring that no country receives discriminatory advantages or disadvantages.
The quantity unit for HS Code 40024100 is kilograms (KG). This unit of measurement is used to determine the weight of chloroprene rubber being imported or exported. It provides a standardized basis for trade transactions and accurate record-keeping.
Several special tariff preference programs offer duty-free treatment for chloroprene rubber (HS Code 40024100). These programs aim to promote trade and economic development between countries. The following programs provide special rates or exemptions:
These special tariff preference programs aim to facilitate trade and promote economic cooperation among the participating countries.
Several US states are involved in importing chloroprene rubber (HS Code 40024100). The states that import this product include:
These states play a significant role in the importation of chloroprene rubber, possibly due to their industrial and manufacturing sectors that rely on this material for various applications.
On the other hand, the US states involved in exporting chloroprene rubber (HS Code 40024100) include:
These states contribute to the exportation of chloroprene rubber, possibly due to their manufacturing capabilities and access to international markets.
HS Code 40024100 represents chloroprene rubber in primary forms or in plates, sheets, or strip. The code allows for the easy classification and identification of this product in international trade. With duty-free treatment under certain tariff preference programs, chloroprene rubber enjoys favorable trade conditions. The involvement of various US states in importing and exporting this product reflects its importance in multiple industries and applications.