HS Code 28492020: Silicon Carbide in Grains, Ground, Pulverized, or Refined
Silicon carbide, a compound of silicon and carbon, is a popular material used in various industries for its exceptional properties. It is highly valued for its hardness, heat resistance, and electrical conductivity. The HS code 28492020 specifically refers to silicon carbide in the form of grains, ground, pulverized, or refined.
The bound or most-favored-nation (MFN) duty rate for this product is 0.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This duty rate ensures fair trade practices and equal treatment for all countries involved.
The quantity unit for silicon carbide is kilograms (KG). This unit of measurement is commonly used in international trade to determine the quantity of goods being imported or exported.
Additionally, there are special tariff preference programs available for silicon carbide under HS code 28492020. These programs provide certain countries with preferential treatment, including duty-free access to the market. The countries eligible for these special tariff preferences include:
1. Australia (A)
2. Bahrain (BH)
3. Canada (CA) under NAFTA (North American Free Trade Agreement)
4. Chile (CL)
5. European Union (E)
6. Israel (IL)
7. Japan (J)
8. Jordan (JO)
9. Morocco (MA)
10. Mexico (MX) under NAFTA
11. Oman (OM)
12. Peru (P)
13. Singapore (SG)
These special tariff preference programs aim to promote trade and strengthen economic ties between the participating countries. By eliminating or reducing customs duties, they encourage the import and export of silicon carbide, stimulating business activities and fostering international cooperation.
In terms of importing, various states in the United States are interested in acquiring silicon carbide under HS code 28492020. Some of the prominent importing states include California, Texas, New York, Illinois, and Ohio. These states have a significant demand for silicon carbide due to their thriving industries and manufacturing sectors.
On the other hand, the United States also exports silicon carbide to several countries. Some of the major exporting states are Washington, Oregon, California, Michigan, and New York. These states have established themselves as leading suppliers of silicon carbide in the international market.
Silicon carbide finds applications in a wide range of industries. It is used as an abrasive material in grinding and cutting tools, as well as in the production of ceramics, refractories, and electrical components. Its excellent thermal conductivity makes it suitable for heat exchangers and high-temperature applications. Furthermore, silicon carbide is utilized in the production of semiconductors and LEDs, contributing to the advancement of electronics and renewable energy technologies.
HS code 28492020 represents silicon carbide in grains, ground, pulverized, or refined form. This versatile material offers unique properties that make it valuable in various industries. The bound duty rate ensures fair trade practices, while special tariff preference programs promote trade between participating countries. Silicon carbide continues to play a vital role in different sectors, driving innovation and economic growth worldwide.
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