Ethylbenzene is a chemical compound that falls under the HS code 29026000. It is commonly used in the manufacturing industry for various purposes. In this article, we will explore the details of this HS code and its significance in international trade.
Ethylbenzene is a colorless liquid with a sweet, aromatic odor. It is derived from benzene and ethylene and is primarily used as an intermediate in the production of styrene, which is further used in the manufacturing of plastics, resins, and synthetic rubber. Ethylbenzene is also used as a solvent in various industries, including paints, coatings, and adhesives.
The bound or Most Favored Nation (MFN) duty rate for HS code 29026000 is free. This means that countries do not have to pay any import duties when trading ethylbenzene. Free trade barriers are crucial for promoting global commerce and ensuring equal treatment for goods and services among trading partners.
The quantity unit for ethylbenzene is kilograms (KG). This measurement is used to determine the weight of the product during import and export transactions.
Under certain circumstances, ethylbenzene may qualify for special tariff preference programs. These programs offer additional benefits and incentives to countries involved in trade. For HS code 29026000, the following special tariff preference programs apply:
Although ethylbenzene can be imported to various states in the United States, the following states are particularly involved in its import:
When it comes to exporting ethylbenzene from the United States, the following states are actively involved:
HS code 29026000 represents ethylbenzene, a chemical compound widely used in the manufacturing industry. Its classification under this code allows for the facilitation of international trade by ensuring duty-free treatment and enabling participation in special tariff preference programs. Understanding the details of this HS code is essential for businesses and individuals involved in the import and export of ethylbenzene.