Calcium chloride, classified under HS Code 28272000, is a chemical compound that is commonly used in various industries. It is a salt made up of calcium and chlorine, with the chemical formula CaCl2. Calcium chloride is highly soluble in water and has a variety of applications due to its hygroscopic nature and ability to lower the freezing point of water.
As per the international trade regulations, the HS Code 28272000 is used to identify and classify calcium chloride for import and export purposes. The HS Code system is a standardized classification system used by customs authorities worldwide to ensure uniformity and accuracy in trade data.
The MFN (Most Favored Nation) duty rate for calcium chloride is free. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This promotes fair and equal trade practices between countries.
The quantity unit for calcium chloride is kilograms (KG). This unit is used to measure the weight or quantity of the product being imported or exported. It provides a standardized unit of measurement that allows for easy comparison and calculation of trade volumes.
Additionally, calcium chloride is eligible for special tariff preference programs in various countries. These programs provide additional benefits or exemptions to promote trade and economic cooperation. Some of the countries offering special tariff preferences for calcium chloride include:
These special tariff preference programs aim to reduce or eliminate import duties on calcium chloride, making it more cost-effective for businesses and promoting trade relationships between countries.
Calcium chloride is imported and exported between various US states. The importing US states depend on the demand and specific applications of calcium chloride, while the exporting US states are the major producers or distributors of the product. The trade of calcium chloride contributes to the overall economic growth and development of these states.
HS Code 28272000 represents calcium chloride, a versatile chemical compound used in various industries. It is classified and identified using the HS Code system, which provides uniformity and accuracy in trade data. The MFN duty rate is free, and there are special tariff preference programs available for calcium chloride in several countries. Importing and exporting of calcium chloride play a significant role in the trade relationships between US states and contribute to their economic growth.