Dichloromethane, also known as Methylene chloride, is a chemical compound with the formula CH2Cl2. It is a colorless liquid with a mild, sweet odor. This chemical is widely used as a solvent in various industries, including paint stripping, pharmaceutical manufacturing, and metal cleaning.
The HS Code 29031200 specifically refers to Dichloromethane and is used for international trade purposes. HS Codes, also known as Harmonized System codes, are a standardized classification system for goods traded across borders. They help in the identification and categorization of products for customs and statistical purposes.
The Bound/MFN duty rate for Dichloromethane is 3.7%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate ensures fair trade practices and equal treatment for all countries involved.
The quantity unit for Dichloromethane is kilograms (KG). This unit is used to measure the weight or quantity of the product being imported or exported.
There are several special tariff preference programs for Dichloromethane. These programs offer duty-free treatment for the import of this chemical from specific countries. The countries included in these programs are Australia, Bahrain, Canada (under NAFTA), Chile, European Union (EU), Israel, Japan, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and the United States.
In the United States, the importing states for Dichloromethane are Montana, Utah, Wyoming, West Virginia, and Louisiana. These states are the major destinations for this chemical, where it is used in various industries and applications.
On the other hand, the exporting states for Dichloromethane from the United States are Montana, North Dakota, Pennsylvania, Louisiana, and Texas. These states are the major producers and suppliers of Dichloromethane, catering to the domestic and international demand.
HS Code 29031200 refers to Dichloromethane, a widely used solvent in various industries. The code helps in the classification and identification of the product for international trade purposes. The duty rate, quantity unit, and special tariff preference programs associated with this HS code ensure fair and regulated trade practices. Understanding the HS code and its implications is crucial for importers, exporters, and policymakers involved in international trade.