Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 99020305: A Comprehensive Guide to Fluorobenzene

Fluorobenzene, classified under HS Code 99020305, is an important chemical compound widely used in various industries. In this article, we will explore the properties, applications, and trade regulations associated with this substance.

Product Description

Fluorobenzene, with the Chemical Abstracts Service (CAS) number 462 06 6, falls under the subheading 2903.69.70 within the HS Code classification. It is a colorless liquid with a distinct aromatic odor. Fluorobenzene is primarily used as an intermediate in the production of pharmaceuticals, agrochemicals, and specialty chemicals.

Trade Regulations

When it comes to international trade, the HS Code serves as a standardized system for classifying and identifying goods. HS Code 99020305 specifically refers to Fluorobenzene, enabling customs authorities and traders to easily recognize and categorize this product.

One important aspect of trade regulations is the bound and most-favored-nation (MFN) duty rate. The bound duty rate signifies the maximum tariff that a country can impose on a particular product. In the case of Fluorobenzene, it is duty-free, meaning no tariffs are applied when importing or exporting this chemical compound.

Additionally, the concept of special tariff preference programs should be considered. These programs offer specific benefits, such as reduced or zero tariffs, to encourage trade between countries. However, for Fluorobenzene, there are no special tariff preference programs identified, indicating that the standard MFN duty rate applies.

Applications

Fluorobenzene finds extensive use in various industries due to its unique properties. Here are some notable applications:

• Pharmaceuticals: Fluorobenzene serves as a vital building block in the synthesis of pharmaceutical compounds. It is widely employed in the production of drugs, including anti-inflammatory, analgesic, and antiviral medications.
• Agrochemicals: This compound plays a crucial role in the formulation of agrochemical products, such as herbicides, insecticides, and fungicides. Fluorobenzene enhances the efficacy and stability of these agricultural chemicals.
• Specialty Chemicals: Many specialty chemicals, including dyes, fragrances, and polymers, rely on Fluorobenzene as a key ingredient. Its aromatic properties and chemical reactivity make it a preferred choice in the manufacturing of these products.

Importing and Exporting

When it comes to Fluorobenzene, both importing and exporting countries play significant roles. The importing country receives the product, while the exporting country supplies it. Here are some examples of importing and exporting US states:

These states serve as important hubs for Fluorobenzene trade, facilitating its transportation and distribution across the United States.

Conclusion

HS Code 99020305 encompasses Fluorobenzene, a versatile chemical compound with diverse applications in pharmaceuticals, agrochemicals, and specialty chemicals. Understanding the trade regulations associated with this HS Code is crucial for importers, exporters, and customs authorities. By recognizing the significance of Fluorobenzene and its wide-ranging uses, we can appreciate its role in various industries and international trade.