HS Code 28043000: Nitrogen

Nitrogen, classified under HS Code 28043000, is a chemical element that plays a crucial role in various industries and applications. It is an essential component for the production of fertilizers, as well as being used in the manufacturing of chemicals, pharmaceuticals, and electronics. In this article, we will explore the uses, import, and export data, as well as the special tariff preference programs associated with HS Code 28043000.

Product Description

Nitrogen is a colorless and odorless gas that makes up approximately 78% of the Earth's atmosphere. It is commonly used in its gaseous form but can also be liquefied and stored in cylinders for specific applications. Nitrogen is an inert gas, meaning it does not react with most other substances, making it suitable for various industrial processes.

Bound / MFN Duty Rate

The bound / MFN (Most Favored Nation) duty rate for HS Code 28043000 is 3.7%. This rate applies when a country lowers a trade barrier or opens up a market, ensuring that the same goods or services receive equal treatment from all trading partners. It is important to note that this rate may vary depending on specific trade agreements between countries.

Quantity Unit

The quantity unit for HS Code 28043000 is kilograms per cubic meter (KM3). This unit of measurement is used to determine the volume of nitrogen being imported or exported.

Special Tariff Preference Programs

HS Code 28043000 is eligible for several special tariff preference programs, providing trade benefits to specific countries. These programs include:

Generalized System of Preferences (GSP) - Offers duty-free treatment for eligible countries.
Australia Special Rate - Provides a special rate for imports from Australia.
Bahrain Special Rate - Offers a preferential rate for imports from Bahrain.
NAFTA for Canada - Provides duty-free treatment for imports from Canada under the North American Free Trade Agreement.
Chile Special Rate - Offers a preferential rate for imports from Chile.
Caribbean Basin Initiative (CBI) - Provides duty-free treatment for eligible countries in the Caribbean region.
Israel Special Rate - Offers duty-free treatment for imports from Israel.
Andean Trade Preference Act (ATPA) - Provides preferential treatment for imports from eligible Andean countries.
Jordan Special Rate - Offers a preferential rate for imports from Jordan.
Morocco Special Rate - Provides a special rate for imports from Morocco.
NAFTA for Mexico - Offers duty-free treatment for imports from Mexico under the North American Free Trade Agreement.
Oman Special Rate - Provides a preferential rate for imports from Oman.
Dominican Republic-Central American Special Rate (DR-CAFTA) - Offers preferential treatment for imports from eligible countries in the Dominican Republic-Central American region.
Peru Special Rate - Provides a special rate for imports from Peru.
Singapore Special Rate - Offers a preferential rate for imports from Singapore.

Importing US States

HS Code 28043000, Nitrogen, is imported into various states in the United States. Some of the states that import this product include Puerto Rico, Hawaii, Idaho, Maine, Montana, North Dakota, South Dakota, Vermont, Washington, Wisconsin, Virgin Islands, Wyoming, Illinois, Iowa, Massachusetts, Minnesota, New York, Vermont, Washington, New Hampshire, and West Virginia.

Exporting US States

HS Code 28043000, Nitrogen, is exported from several states in the United States. Some of the states that export this product include Louisiana, Maryland, Pennsylvania, Texas, Washington, Wyoming, North Dakota, Texas, Washington, Arizona, Maine, Michigan, Nebraska, New York, North Dakota, Texas, Delaware, Louisiana, Mississippi, and Wyoming.

HS Code 28043000 represents nitrogen, a versatile chemical element used in various industries. Understanding the import and export data, as well as the special tariff preference programs associated with this HS code, is crucial for businesses and policymakers involved in international trade.