HS Code 29153200: A Comprehensive Guide to Vinyl Acetate
Vinyl acetate is a chemical compound that falls under HS Code 29153200. In this article, we will explore the various aspects of vinyl acetate, including its product description, quantity unit, and special tariff preference programs. We will also examine the importing and exporting US states for this particular HS code.
Product Description:
Vinyl acetate is a colorless liquid with a distinct odor. It is widely used in the production of various polymers and resins. This compound is essential in the manufacturing of adhesives, coatings, and films. Vinyl acetate plays a crucial role in industries such as construction, packaging, textiles, and automotive.
Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate for vinyl acetate is 3.8%. This means that every time a country reduces a trade barrier or opens up a market, it must apply the same duty rate of 3.8% for vinyl acetate to all its trading partners. This rate ensures fairness and equal treatment in international trade.
Quantity Unit:
The quantity unit for vinyl acetate is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of the imported or exported goods. It allows for accurate calculation and pricing based on the weight of the product.
Special Tariff Preference Programs:
Vinyl acetate enjoys special tariff preference programs in several countries. The following countries provide duty-free treatment or special rates for vinyl acetate under the specified programs:
- Australia - Generalized System of Preferences (GSP) (duty-free treatment)
- Bahrain - Special Rate
- Canada - NAFTA (duty-free treatment)
- Chile - Special Rate
- Caribbean Basin Initiative (CBI)
- Israel - Special Rate (duty-free treatment)
- Andean Trade Preference Act (ATPA)
- Jordan - Special Rate
- Morocco - Special Rate
- Mexico - NAFTA (duty-free treatment)
- Oman - Special Rate
- Dominican Republic-Central American Special Rate (DR-CAFTA)
- Peru - Special Rate
- Singapore - Special Rate
These special tariff preference programs aim to promote trade and economic cooperation among the participating countries. By providing duty-free treatment or special rates, these programs encourage importers and exporters to engage in bilateral trade.
Importing US States:
Vinyl acetate is imported into various states in the United States. Some of the prominent importing states include:
- California
- Texas
- Illinois
- New Jersey
- Ohio
These states have a significant demand for vinyl acetate due to their thriving industries and manufacturing sectors. Importers in these states play a crucial role in meeting the market demand for vinyl acetate.
Exporting US States:
On the other hand, the United States also exports vinyl acetate to different states. The major exporting states for vinyl acetate include:
- Texas
- Louisiana
- Ohio
- Georgia
- New York
These states have a strong production base and export vinyl acetate to cater to the global market. Their manufacturing capabilities and quality standards make them reliable suppliers of vinyl acetate.
vinyl acetate, classified under HS Code 29153200, is a versatile compound extensively used in various industries. Its product description, quantity unit, and special tariff preference programs provide essential information for importers, exporters, and policymakers. Understanding the importing and exporting US states helps identify key players and market dynamics related to vinyl acetate.
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