Unsaturated acyclic monocarboxylic acids, NESOI, fall under HS Code 29161930. This code is used to classify a specific category of chemicals that are widely traded internationally. In this article, we will explore the product description, duty rates, quantity units, and special tariff preference programs associated with HS Code 29161930.
Unsaturated acyclic monocarboxylic acids, NESOI, refer to a group of organic compounds that contain a single carboxylic acid group and have a linear, non-cyclic structure. These acids are characterized by the presence of one or more double or triple bonds between carbon atoms in their molecular structure. Examples of unsaturated acyclic monocarboxylic acids include acrylic acid, propenoic acid, and butenoic acid.
The bound / Most Favored Nation (MFN) duty rate for HS Code 29161930 is 6.1%. 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 of 6.1% is applicable to imports of unsaturated acyclic monocarboxylic acids, NESOI, regardless of the country of origin.
The quantity unit for HS Code 29161930 is kilograms (KG). This unit of measurement is used to quantify the weight of imports and exports of unsaturated acyclic monocarboxylic acids. It provides a standardized way to measure and compare the quantity of goods traded between different countries.
HS Code 29161930 is eligible for various special tariff preference programs. These programs offer preferential treatment in terms of duty rates for imports of unsaturated acyclic monocarboxylic acids, NESOI, from specific countries. The following programs provide free or special rates for imports:
HS Code 29161930 is relevant to both importing and exporting US states. This means that the unsaturated acyclic monocarboxylic acids, NESOI, classified under this code can be imported into and exported from various states within the United States. The specific states involved in importing and exporting these goods may vary depending on market demand, production capabilities, and trade agreements.
HS Code 29161930 represents unsaturated acyclic monocarboxylic acids, NESOI. This code helps in the classification and regulation of the international trade of these chemicals. Understanding the product description, duty rates, quantity units, and special tariff preference programs associated with HS Code 29161930 is crucial for importers, exporters, and policymakers involved in the trade of unsaturated acyclic monocarboxylic acids.