The HS Code 29032100: Vinyl Chloride (Chloroethylene)
Vinyl chloride, also known as chloroethylene, is a chemical compound that falls under the HS Code 29032100. This code is used to classify and categorize the product for international trade purposes. In this article, we will explore the details of this HS code, its product description, duty rates, quantity unit, and special tariff preference programs associated with it.
Product Description:
Vinyl chloride, or chloroethylene, is a colorless gas with a slightly sweet odor. It is an important industrial chemical used primarily in the production of polyvinyl chloride (PVC). PVC is a versatile material that is used in various applications, including construction, automotive, packaging, and electrical industries.
Bound / MFN Duty Rate:
The bound or most-favored-nation (MFN) duty rate for HS Code 29032100 is 5.5%. This means that whenever 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 of 5.5% is applicable to vinyl chloride imports.
Quantity Unit:
The quantity unit for vinyl chloride is measured in kilograms (KG). This unit is used to determine the weight or quantity of vinyl chloride being imported or exported.
Special Tariff Preference Programs:
Vinyl chloride under HS Code 29032100 qualifies for various special tariff preference programs. These programs provide certain countries with preferential treatment or duty-free access to the United States market. The following countries benefit from special tariff rates for vinyl chloride:
1. Australia (A) - Generalized System of Preferences (GSP): Vinyl chloride receives duty-free treatment when imported from Australia.
2. Bahrain (BH) - Special Rate: Vinyl chloride is subject to a special rate when imported from Bahrain.
3. Canada (CA) - NAFTA: Under the North American Free Trade Agreement (NAFTA), vinyl chloride from Canada receives duty-free treatment.
4. Chile (CL) - Special Rate: Vinyl chloride is subject to a special rate when imported from Chile.
5. European Union (E) - Generalized System of Preferences (GSP): Vinyl chloride receives duty-free treatment when imported from the European Union.
6. Israel (IL) - Special Rate: Vinyl chloride is subject to a special rate when imported from Israel.
7. Japan (J) - Generalized System of Preferences (GSP): Vinyl chloride receives duty-free treatment when imported from Japan.
8. Jordan (JO) - Special Rate: Vinyl chloride is subject to a special rate when imported from Jordan.
9. Morocco (MA) - Special Rate: Vinyl chloride is subject to a special rate when imported from Morocco.
10. Mexico (MX) - NAFTA: Under the North American Free Trade Agreement (NAFTA), vinyl chloride from Mexico receives duty-free treatment.
11. Oman (OM) - Special Rate: Vinyl chloride is subject to a special rate when imported from Oman.
12. Peru (P) - Special Rate: Vinyl chloride is subject to a special rate when imported from Peru.
13. Singapore (SG) - Special Rate: Vinyl chloride is subject to a special rate when imported from Singapore.
These special tariff preference programs aim to promote trade and economic cooperation between the United States and these countries, providing benefits for both importers and exporters.
Importing and Exporting US States:
Vinyl chloride can be imported into and exported from various states in the United States. The specific states involved in the import and export of vinyl chloride may vary depending on market demand and supply. Some of the major states involved in vinyl chloride trade include Texas, Louisiana, California, Ohio, and New Jersey.
Conclusion:
The HS Code 29032100 represents vinyl chloride, also known as chloroethylene, which is an important chemical compound used in the production of PVC. This article provided an extensive overview of the HS code, including its product description, duty rates, quantity unit, and special tariff preference programs. It is essential for importers, exporters, and traders to be aware of these details to ensure compliance and take advantage of any preferential treatment available under the special tariff preference programs.
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