The HS Code 79011100 refers to zinc (other than alloy), in its unwrought form, containing over 99.99% by weight of zinc. This code is used to classify and identify this specific product for international trade purposes.
When importing or exporting goods, it is important to understand the HS code assigned to the product. The HS code is a standardized system used globally to classify and categorize traded goods. It helps customs authorities and traders in determining the appropriate duties, taxes, and regulations applicable to a specific product.
In the case of HS Code 79011100, it specifically refers to unwrought zinc with a high purity level of over 99.99% by weight. Unwrought zinc means that the zinc has not been processed or alloyed with other metals, making it the purest form of zinc available.
The bound or MFN (Most Favored Nation) duty rate for products classified under HS Code 79011100 is 1.5%. This means that whenever 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. This duty rate is applicable to all countries unless there are specific tariff preference programs or agreements in place.
The quantity unit for HS Code 79011100 is kilograms (KG). This unit of measurement is used to quantify the weight of the unwrought zinc being imported or exported.
In terms of special tariff preference programs, products classified under HS Code 79011100 are eligible for free trade benefits in certain countries. These countries include Australia (A*), Austria (AU), Bahrain (BH), Canada (CA), Chile (CL), European Union (E), Israel (IL), Japan (J), Jordan (JO), Morocco (MA), Mexico (MX), Oman (OM), Peru (P), Panama (PE), Singapore (SG), and others.
For example, Australia has a special rate for this product, allowing it to receive duty-free treatment. Similarly, Bahrain, Canada under NAFTA, Chile, and various other countries have special rates or preferential trade agreements in place for unwrought zinc under HS Code 79011100.
When importing zinc (other than alloy), unwrought, containing over 99.99% by weight of zinc, into the United States, the following states are known to have a higher volume of imports:
These states have a higher demand for unwrought zinc, possibly due to their industrial or manufacturing activities that require the use of this material.
On the other hand, the exporting states for this product are not specified in the provided data. However, it is important to note that zinc is a widely traded commodity, and countries with significant zinc mining and production capacities are likely to be the major exporters.
HS Code 79011100 represents unwrought zinc with a high purity level of over 99.99% by weight. It is used to classify and identify this specific product for international trade purposes. Understanding the HS code is crucial for importers, exporters, and customs authorities to ensure proper classification, duty rates, and compliance with trade regulations.