Antimony ores and concentrates fall under HS Code 26171000. This code is used to classify and identify the specific type of product for international trade purposes. In this article, we will explore the details of this HS code and its significance in global trade.
Antimony ores and concentrates are natural materials containing high levels of antimony, a chemical element with various industrial applications. These ores are typically mined and processed to extract antimony for use in the production of flame retardants, batteries, ceramics, and other products. The HS code 26171000 specifically refers to these ores and concentrates.
The bound or most-favored-nation (MFN) duty rate for HS code 26171000 is free. This means that countries must eliminate any trade barriers or open up their markets for the import of antimony ores and concentrates without imposing any customs duties. The principle behind this is to ensure fair and equal treatment for all trading partners.
Whenever a country lowers a trade barrier or opens up its market for a specific product, it must do so uniformly for all its trading partners. This commitment to nondiscrimination is a fundamental principle of international trade established by the World Trade Organization (WTO).
The quantity unit for measuring antimony ores and concentrates is kilograms (KG). This unit is used to quantify the weight of the imported or exported products. It provides a standardized measurement for trade transactions and statistical analysis.
Under certain circumstances or for specific countries, antimony ores and concentrates may receive special tariff preferences, resulting in duty-free treatment. The following tariff preference programs apply to HS code 26171000:
These tariff preference programs are designed to support and promote trade with specific countries or regions. They aim to provide economic benefits and incentives for both importing and exporting nations.
Antimony ores and concentrates under HS code 26171000 are imported into the United States by several states. The major importing states include:
These states have a significant demand for antimony ores and concentrates, which are used in various industries within their respective economies.
The United States exports antimony ores and concentrates to several states. The major exporting states include:
These states have significant antimony deposits and actively contribute to the global supply of antimony ores and concentrates.
HS Code 26171000 represents antimony ores and concentrates, which are essential raw materials for various industries. Understanding the details of this HS code, including the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting states, is crucial for businesses and policymakers involved in international trade. By promoting transparency and uniformity, HS codes facilitate efficient and fair trade practices worldwide.