Petroleum jelly, classified under HS Code 27121000, is a versatile product widely used in various industries and households. It is a semi-solid mixture of hydrocarbons derived from petroleum, and it has numerous applications due to its unique properties.
When it comes to international trade, the HS Code 27121000 plays a crucial role in identifying and classifying petroleum jelly for customs purposes. This code helps authorities and traders to streamline the import-export process and ensure compliance with applicable regulations.
Importing petroleum jelly into the United States is subject to certain regulations and duty rates. The bound/MFN (Most Favored Nation) duty rate for petroleum jelly is free. This means that every time a country lowers a trade barrier or opens up a market, it must provide the same treatment for petroleum jelly from all its trading partners.
The quantity unit for petroleum jelly is kilograms (KG). This unit is used to measure the weight of the product, which is essential for determining customs duties, transportation costs, and overall trade statistics.
Special tariff preference programs may apply to the import and export of petroleum jelly. These programs aim to promote trade and economic growth by providing preferential treatment to certain countries or regions. However, it is important to consult the relevant legislation and agreements to determine eligibility and specific requirements.
When it comes to importing petroleum jelly into the United States, specific states have been identified as major importers. These states include Puerto Rico, Hawaii, Idaho, Maine, Montana, North Dakota, South Dakota, Vermont, Washington, Wisconsin, Virgin Islands, Wyoming, Illinois, Iowa, Massachusetts, Minnesota, New York, and Vermont.
On the other hand, certain states in the United States are major exporters of petroleum jelly. These states include Louisiana, Maryland, Pennsylvania, Texas, Washington, Wyoming, North Dakota, Texas, Washington, Arizona, Maine, Michigan, Nebraska, New York, and North Dakota.
Petroleum jelly is widely used in various industries and applications. It is commonly found in skincare products, such as lotions, creams, and ointments, due to its moisturizing and protective properties. Additionally, petroleum jelly is used in the pharmaceutical industry for the production of topical medications and as a lubricant in machinery and equipment.
Overall, the HS Code 27121000 plays a vital role in the international trade of petroleum jelly. It helps ensure proper classification, facilitates customs procedures, and promotes transparency and consistency in trade regulations. Understanding the HS Code and its implications is essential for traders, importers, exporters, and customs authorities involved in the petroleum jelly industry.