Tribromocumene, classified under HS Code 29036927, is a chemical compound that belongs to the brominated aromatic compounds family. It is commonly used in various industrial applications, including flame retardants, pharmaceuticals, and as an intermediate in the synthesis of other organic compounds.
The HS Code, or Harmonized System Code, is an internationally recognized coding system used to classify and identify products for customs and trade purposes. It provides a standardized way to categorize goods and facilitates international trade by ensuring consistent classification across different countries.
The specific HS Code for Tribromocumene, 29036927, signifies its classification within the broader category of brominated aromatic compounds. This code is essential for customs clearance, tariff determination, and trade statistics.
For imports of Tribromocumene, the bound / MFN (Most Favored Nation) duty rate is set at 5.5%. This means that regardless of the country of origin, a 5.5% duty will be imposed on this product upon entry into a country that applies this duty rate. It is important to note that this rate applies uniformly to all trading partners of the country implementing it.
The bound / MFN duty rate is significant in ensuring fair and equitable trading practices by treating all countries equally when it comes to trade barriers and open market access. By applying the same duty rate to all trading partners, countries promote transparency and non-discrimination in international trade.
The quantity unit for Tribromocumene, as specified by the HS Code, is kilograms (KG). This unit of measurement is universally recognized and provides a standard reference for the quantity of the product being imported or exported.
Using kilograms as the quantity unit ensures consistency and ease of measurement across different countries and trading partners. It allows for accurate record-keeping, statistical analysis, and efficient customs procedures.
Tribromocumene may be eligible for special tariff preference programs in certain countries. These programs provide preferential treatment in terms of reduced or eliminated import duties, promoting trade and economic cooperation between countries. The following programs apply to Tribromocumene:
These special tariff preference programs aim to foster economic development, regional integration, and cooperation among participating countries. They provide opportunities for duty-free or reduced-duty imports, giving businesses a competitive advantage and incentivizing trade relationships.
As a globally traded product, Tribromocumene has various import and export relationships with different US states. The specific importing and exporting states may differ based on market demand, supply chains, and regional preferences.
For accurate and up-to-date information on the importing and exporting US states for Tribromocumene, it is recommended to consult official trade statistics, customs databases, or trade promotion agencies. These sources provide valuable insights into the specific dynamics and patterns of trade for this product within the United States.
HS Code 29036927 classifies Tribromocumene, a chemical compound used in various industries. Understanding the HS Code, duty rates, quantity units, and special tariff preference programs associated with this product is crucial for businesses engaged in international trade. By adhering to these regulatory frameworks, businesses can navigate customs procedures efficiently and take advantage of preferential trade programs to enhance their competitiveness in the global market.