The HS Code 29027000 refers to a chemical compound known as Cumene. This article aims to provide an extensive overview of Cumene, including its product description, duty rates, quantity unit, and special tariff preference programs. Additionally, it will discuss the importing and exporting US states associated with Cumene.
Cumene, classified under HS Code 29027000, is a colorless, flammable liquid with a characteristic aromatic odor. It is an important intermediate chemical used in the production of various industrial materials, including phenol and acetone. Cumene is primarily produced through the alkylation of benzene and propylene.
The bound / MFN (Most Favored Nation) duty rate for Cumene is free. 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 promotes fair and equal trade practices among nations.
The quantity unit for Cumene is kilograms (KG). This measurement is commonly used in international trade to determine the weight or mass of the product being imported or exported.
Cumene enjoys special tariff preference programs in various countries. These programs offer specific benefits and incentives, such as duty-free treatment. The following countries have special tariff rates for Cumene:
These special tariff preference programs aim to foster trade relationships and encourage the import and export of Cumene between the countries involved.
The following US states are associated with the import of Cumene:
The following US states are associated with the export of Cumene:
Cumene, classified under HS Code 29027000, is an important chemical compound used in various industrial applications. It enjoys special tariff preference programs in several countries and has a bound / MFN duty rate of free. The import and export of Cumene are associated with specific US states, contributing to the global trade of this essential chemical compound.