Artificial corundum, crude, falls under the HS Code 28181010. This article will provide an in-depth understanding of this product, including its description, quantity unit, and special tariff preference programs. Additionally, we will explore the importing and exporting US states for this HS code.
Artificial corundum, crude, refers to a type of corundum that is produced through artificial means. Corundum is a naturally occurring mineral that is primarily composed of aluminum oxide. However, artificial corundum is manufactured to possess specific properties and characteristics.
This product is commonly used in various industries, such as abrasives, refractories, ceramics, and jewelry manufacturing. Its hardness and resistance to high temperatures make it suitable for abrasive applications, while its transparency and color variety make it ideal for jewelry and decorative purposes.
The bound / MFN (Most Favored Nation) duty rate for HS Code 28181010 is free. This means that countries that lower trade barriers or open up their markets must apply this duty-free treatment to the import of artificial corundum, crude from all their trading partners.
This duty rate encourages international trade and ensures fair treatment among trading partners. It promotes economic cooperation and helps create a level playing field for businesses involved in the import and export of artificial corundum, crude.
The quantity unit for HS Code 28181010 is metric tons (T). This unit of measurement allows for standardized trade and facilitates accurate tracking and reporting of the quantity of artificial corundum, crude being imported or exported.
Metric tons provide a reliable basis for international trade negotiations, logistics planning, and statistical analysis. It enables businesses and governments to effectively manage the supply and demand of artificial corundum, crude in the global market.
Under HS Code 28181010, artificial corundum, crude is eligible for various special tariff preference programs. These programs provide preferential treatment in terms of duty rates for specific countries. The following countries enjoy free trade or reduced tariffs for importing artificial corundum, crude:
These special tariff preference programs aim to enhance trade relationships and promote economic cooperation between the countries involved. They facilitate the import of artificial corundum, crude by reducing or eliminating tariff barriers, which ultimately benefits businesses and consumers in these countries.
For the import of artificial corundum, crude under HS Code 28181010, the following US states are involved:
These states play a significant role in the importation of artificial corundum, crude, and are key contributors to the US market for this product.
On the other hand, for the export of artificial corundum, crude under HS Code 28181010, the state of Louisiana is involved. Louisiana serves as an important hub for the export of this product to international markets.
Overall, HS Code 28181010 encompasses artificial corundum, crude, and understanding its description, duty rates, quantity unit, and special tariff preference programs is essential for businesses and individuals involved in its import and export. By having comprehensive knowledge of this HS code, stakeholders can navigate the global trade landscape more effectively and take advantage of the benefits provided by special tariff programs.