HS Code 99022455 represents a specific product category known as Ethylene-vinyl acetate copolymers. These copolymers are distinct from those in aqueous dispersions and contain 50% or more vinyl acetate monomer. The CAS number associated with this product is 24937-78-8, and it falls under the broader category of 3905.29.00 in the Harmonized System (HS) of product classification.
The HS Code system is globally recognized and used to classify and define products for international trade. It is an essential tool for customs authorities, importers, exporters, and other stakeholders involved in international trade. By using HS Codes, countries can ensure consistency and clarity in categorizing products, applying tariffs, and gathering trade statistics.
Ethylene-vinyl acetate copolymers, as described by HS Code 99022455, are a type of thermoplastic material commonly used in various industries. The copolymerization of ethylene and vinyl acetate results in a versatile material with a wide range of applications in different fields.
This particular HS Code refers to ethylene-vinyl acetate copolymers that are not in aqueous dispersions and contain at least 50% vinyl acetate monomer. The presence of vinyl acetate monomer influences the properties of the copolymer, enabling it to exhibit desirable characteristics such as flexibility, impact resistance, and adhesion.
The CAS number, 24937-78-8, is a unique identifier for this specific chemical compound. CAS (Chemical Abstracts Service) numbers are widely used to facilitate the identification and retrieval of chemical substances from databases and literature.
The bound or Most Favored Nation (MFN) duty rate for HS Code 99022455 varies depending on the country and its trade policies. The bound duty rate represents the maximum tariff rate a country can impose on a product, while the MFN duty rate refers to the tariff rate applied to most favored trading partners.
The principle of MFN treatment, as outlined by the World Trade Organization (WTO), implies that when a country lowers trade barriers or opens up its market, it must do so for all its trading partners. This principle ensures non-discriminatory treatment of goods or services from different countries, promoting fair and equal trade practices.
It is crucial for importers and exporters dealing with ethylene-vinyl acetate copolymers under HS Code 99022455 to be aware of the applicable duty rates for each country they engage in trade with. This knowledge allows them to accurately calculate costs and make informed decisions.
The quantity unit for products classified under HS Code 99022455 is not available (NA). Unfortunately, the provided data does not specify the standardized unit of measurement used for these ethylene-vinyl acetate copolymers.
When engaging in international trade, it is essential to have clear and consistent units of measurement to ensure accurate quantity reporting, pricing, and logistics. Importers and exporters must work closely with their trading partners to establish a common understanding of the quantity unit for the product being traded.
Special tariff preference programs are trade agreements or arrangements that provide certain benefits, such as reduced or eliminated tariffs, to eligible products. These programs aim to promote economic cooperation, development, and market access among participating countries.
For HS Code 99022455, the availability of special tariff preference programs depends on the specific trade agreements and policies of the importing and exporting countries involved. Importers and exporters should research and familiarize themselves with relevant programs to take advantage of potential cost savings and market opportunities.
The data provided does not include specific information about the importing and exporting US states for the ethylene-vinyl acetate copolymers classified under HS Code 99022455. However, understanding the flow of trade between states is crucial for economic analysis and strategic decision-making.
Within the United States, different states have varying levels of production, consumption, and trade of ethylene-vinyl acetate copolymers. States with significant manufacturing industries or those with specific applications for these copolymers may exhibit higher import or export volumes.
Monitoring and analyzing trade patterns between US states can help identify regional strengths, market opportunities, and potential areas for collaboration or investment. It allows businesses and policymakers to make informed decisions and develop strategies to support domestic industries and enhance international competitiveness.
HS Code 99022455 represents ethylene-vinyl acetate copolymers that are not in aqueous dispersions and contain at least 50% vinyl acetate monomer. Understanding this HS Code is essential for importers, exporters, and other stakeholders involved in the trade of these specific copolymers.
By providing a standardized classification system, the HS Code enables efficient trade documentation, accurate tariff calculation, and reliable trade statistics. Additionally, knowledge of duty rates, special tariff preference programs, and regional trade patterns can help businesses navigate international markets effectively and maximize their competitive advantage.