Nickel sulfate is a chemical compound with the HS code 28332400. It is commonly used in various industries due to its versatile properties and applications. In this article, we will explore the product description, duty rates, quantity units, special tariff preference programs, as well as importing and exporting states for this HS code.
Nickel sulfate, with the chemical formula NiSO4, is a blue-colored crystalline solid. It is primarily used in electroplating processes to provide a decorative and protective coating on various metal surfaces. The electroplating industry extensively relies on nickel sulfate for its high solubility and ability to produce a bright and durable nickel finish.
Furthermore, nickel sulfate is also utilized in the manufacturing of rechargeable batteries, particularly nickel-cadmium (NiCd) and nickel-metal hydride (NiMH) batteries. It serves as a crucial component in the production of electrodes and electrolytes, ensuring the efficient storage and release of electrical energy.
Moreover, the chemical industry employs nickel sulfate as a catalyst and raw material for the synthesis of various chemicals. It acts as a precursor for the production of nickel oxide, nickel carbonate, and other nickel-based compounds. These compounds find applications in the manufacturing of ceramics, pigments, and catalysts.
For the HS code 28332400, the bound / most-favored-nation (MFN) duty rate is 3.2%. This duty rate applies to all countries when they lower trade barriers or open up their markets. It ensures that the same goods or services from all trading partners receive equal treatment and fair competition.
The duty rate of 3.2% implies that importers of nickel sulfate are required to pay this percentage of the product's customs value as a duty when bringing it into a country. It is essential for businesses to consider duty rates while calculating the overall cost of importing nickel sulfate.
The quantity unit for nickel sulfate under the HS code 28332400 is kilograms (KG). This indicates that the weight of the product is measured and recorded in kilograms when importing or exporting. It is crucial to accurately determine the quantity of nickel sulfate to comply with customs regulations and facilitate international trade.
Nickel sulfate under the HS code 28332400 is eligible for various special tariff preference programs. These programs provide certain countries with preferential treatment or duty-free access to the product. The following countries enjoy special tariff rates for importing nickel sulfate:
These special tariff preference programs aim to foster economic cooperation and enhance trade relationships between countries. Importers and exporters should familiarize themselves with the specific requirements and conditions of these programs to take advantage of the benefits they offer.
The United States engages in both importing and exporting nickel sulfate under the HS code 28332400. The importing US states for this product code include:
On the other hand, the exporting US states for nickel sulfate are:
It is worth noting that the importing and exporting states may vary depending on market demand, production capabilities, and international trade dynamics. Businesses involved in the import and export of nickel sulfate should carefully assess market conditions and identify potential trading partners.
HS code 28332400 represents nickel sulfate, a versatile chemical compound used in electroplating, battery manufacturing, and the chemical industry. Its bound / MFN duty rate is 3.2%, and the quantity unit is kilograms (KG). Importers can benefit from special tariff preference programs, while the importing and exporting US states may vary. Understanding the details surrounding this HS code is crucial for businesses involved in the global trade of nickel sulfate.