The HS Code 40051000 refers to rubber, unvulcanized, compounded with carbon black or silica, in primary forms or in plates, sheets, or strips. In this article, we will explore the details of this HS code, including its product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and the importing and exporting US states. Let's dive in!
The product description of HS Code 40051000 specifies rubber that is unvulcanized, compounded with carbon black or silica. This rubber can be in primary forms or in plates, sheets, or strips. Unvulcanized rubber refers to rubber that has not undergone the process of vulcanization, which is a chemical process that strengthens and stabilizes rubber.
The bound/MFN duty rate for HS Code 40051000 is "Free." This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. As a result, there are no duty charges imposed on imports or exports of products falling under this HS code.
The quantity unit for HS Code 40051000 is kilograms (KG). This means that the weight of the imported or exported rubber is measured in kilograms.
HS Code 40051000 is eligible for various special tariff preference programs. Some of these programs include:
These special tariff preference programs allow for duty-free treatment of the rubber import or export, depending on the specific program and the countries involved in the trade.
The following US states import products under HS Code 40051000:
These states engage in the import of rubber, unvulcanized, compounded with carbon black or silica, in primary forms or in plates, sheets, or strips under HS Code 40051000.
The following US states export products under HS Code 40051000:
These states are involved in the export of rubber, unvulcanized, compounded with carbon black or silica, in primary forms or in plates, sheets, or strips under HS Code 40051000.
HS Code 40051000 plays a significant role in international trade, facilitating the import and export of rubber products. Understanding the details of this HS code is crucial for businesses and individuals involved in the rubber industry or international trade. By knowing the product description, duty rates, special tariff preference programs, and the states involved in import and export, stakeholders can make informed decisions and navigate the global market effectively.