The HS Code 72021910 refers to a specific product: Ferromanganese containing by weight not more than 1 percent of carbon. In this article, we will explore the details of this HS code, including its product description, tariff rates, special tariff preference programs, and the importing and exporting US states.
The product described under HS Code 72021910 is Ferromanganese containing by weight not more than 1 percent of carbon. Ferromanganese is an alloy of iron and manganese, often used in steel production to enhance its strength and durability. The carbon content in this particular product should not exceed 1 percent.
The bound or MFN (Most Favored Nation) duty rate for HS Code 72021910 is 2.3%. 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. Therefore, if a country reduces the duty rate for this product, it must apply the same reduction to all its trading partners.
The quantity unit for HS Code 72021910 is kilograms (KG). When importing or exporting this product, the weight will be measured and recorded in kilograms.
There are several special tariff preference programs that apply to HS Code 72021910. These programs provide specific tariff rates or duty-free treatment for the import or export of this product. The following are the special tariff preference programs applicable to this HS code:
These special tariff preference programs aim to promote trade and provide favorable conditions for the import or export of this product among the participating countries.
The following US states are known for importing HS Code 72021910:
These states have a demand for Ferromanganese containing by weight not more than 1 percent of carbon, and therefore, engage in its importation.
On the other hand, the following US state is known for exporting HS Code 72021910:
Nevada plays a role in exporting this product to other countries, indicating its presence in the global market.
HS Code 72021910 represents Ferromanganese containing by weight not more than 1 percent of carbon. It has a specific bound or MFN duty rate, is measured in kilograms, and is eligible for various special tariff preference programs. The importation of this product is prominent in states like Rhode Island, Nevada, Illinois, Mississippi, and Ohio, while Nevada stands out as an exporting state.