Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 29012200: Propene (Propylene)

• Product Description: Propene, also known as propylene, is a colorless gas with a faint petroleum-like odor. It is a flammable hydrocarbon that is widely used in the chemical industry as a building block for various products.
• Bound / MFN Duty Rate: The bound or most-favored-nation (MFN) duty rate for HS Code 29012200 is free. This means that when a country lowers a trade barrier or opens up a market, it must provide the same duty-free treatment for propene from all its trading partners.
• Quantity Unit: Propene is measured in kilograms (KG). This unit is used to determine the quantity of propene being imported or exported.
• Special Tariff Preference Programs: Propene enjoys duty-free treatment under several special tariff preference programs. These programs include:

• Generalized System of Preferences (GSP): This program grants duty-free treatment for propene.
• Australia Special Rate: Australia offers a special rate of duty-free treatment for propene.
• Bahrain Special Rate: Bahrain provides a special rate of duty-free treatment for propene.
• NAFTA for Canada: Propene receives duty-free treatment under the North American Free Trade Agreement (NAFTA) for Canada.
• Chile Special Rate: Chile offers a special rate of duty-free treatment for propene.
• Caribbean Basin Initiative (CBI): Propene enjoys duty-free treatment under the Caribbean Basin Initiative.
• Israel Special Rate: Israel provides duty-free treatment for propene.
• Andean Trade Preference Act (ATPA): Propene receives duty-free treatment under the Andean Trade Preference Act.
• Jordan Special Rate: Jordan offers a special rate of duty-free treatment for propene.
• Morocco Special Rate: Morocco provides a special rate of duty-free treatment for propene.
• NAFTA for Mexico: Propene enjoys duty-free treatment under the North American Free Trade Agreement (NAFTA) for Mexico.
• Oman Special Rate: Oman offers a special rate of duty-free treatment for propene.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Propene receives duty-free treatment under the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA).
• Peru Special Rate: Peru provides a special rate of duty-free treatment for propene.
• Singapore Special Rate: Singapore offers a special rate of duty-free treatment for propene.

Importing US States

The following US states are known for importing propene (HS Code 29012200):

• Montana
• Utah
• Wyoming
• West Virginia

Exporting US States

The following US states are known for exporting propene (HS Code 29012200):

• Montana
• North Dakota
• Pennsylvania

Propene, classified under HS Code 29012200, plays a vital role in various industries. Its duty-free treatment under special tariff preference programs promotes international trade and facilitates the production of numerous products. Importers and exporters involved in the trade of propene need to be aware of the specific regulations and requirements associated with this HS code to ensure smooth and compliant transactions.