Ethylene, classified under HS Code 29012100, is an important chemical compound that plays a significant role in various industries. In this article, we will explore the product description, duty rates, special tariff preference programs, and the importing and exporting US states for Ethylene.
Ethylene is a colorless and flammable gas with a distinct sweet odor. It is one of the simplest hydrocarbon compounds, consisting of two carbon atoms and four hydrogen atoms (C2H4). Ethylene is widely used in the production of plastics, resins, solvents, and various organic chemicals. It is also a crucial plant hormone that regulates growth and development.
The bound / MFN (Most Favored Nation) duty rate for Ethylene is free. This means that whenever a country lowers a trade barrier or opens up a market, it must extend the same treatment to all its trading partners for Ethylene. This promotes fair trade practices and encourages global economic cooperation.
The quantity unit for Ethylene is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the amount of goods being imported or exported.
Ethylene enjoys special tariff preference programs in several countries. These programs provide favorable duty rates and treatment for importers and exporters of Ethylene. The following countries offer special tariff preferences for Ethylene:
These special tariff preference programs aim to promote trade and economic cooperation between the participating countries, allowing for easier and more cost-effective import and export of Ethylene.
When it comes to importing Ethylene into the United States, the following states are notable:
These states have a significant demand for Ethylene and actively engage in its importation to fulfill their industrial needs.
On the other hand, the following states in the United States are known for exporting Ethylene:
These states have a robust Ethylene production industry and contribute to the global supply chain by exporting to various countries.
HS Code 29012100 represents Ethylene, a versatile chemical compound with numerous applications. With its special tariff preference programs and a significant presence in importing and exporting US states, Ethylene plays a vital role in international trade and industrial processes.