Allyl alcohol, classified under HS Code 29052910, is a chemical compound commonly used in various industries for its unique properties. In this comprehensive article, we will delve into the details of allyl alcohol, including its product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting states in the United States.
Allyl alcohol is a colorless liquid with a pungent odor. It is primarily used as a raw material in the production of various chemical compounds, such as resins, plastics, and pharmaceuticals. Its molecular formula is C3H6O, with a molecular weight of 58.08 g/mol.
The bound or most-favored-nation (MFN) duty rate for allyl alcohol is 5.5%. This duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive equal treatment from all trading partners of that country.
The quantity unit for allyl alcohol is kilograms (KG). This standard unit of measurement is used to quantify the amount of allyl alcohol being imported or exported.
Allyl alcohol is eligible for various special tariff preference programs, which provide advantageous treatment in terms of duty rates. The following programs offer either duty-free treatment or special rates for allyl alcohol:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific products like allyl alcohol.
In the United States, allyl alcohol is imported and exported to various states. The following states are significant importers of allyl alcohol:
These states play a crucial role in the distribution and utilization of allyl alcohol within the United States.
On the other hand, the primary exporting state of allyl alcohol within the United States is:
Louisiana serves as a major source of allyl alcohol for both domestic and international markets.
HS Code 29052910 encompasses allyl alcohol, a versatile chemical compound widely used in various industries. Understanding its product description, duty rates, special tariff preference programs, and importing/exporting states is essential for businesses and individuals involved in the import and export of this valuable substance. By staying informed about HS codes and related information, trade can be conducted more efficiently and effectively.