Plasticizers play a vital role in various industries, including the manufacturing of plastics, rubber, and other polymer-based products. One such type of plasticizer is derived from adipic acid salts and esters. These plasticizers are classified under HS code 29171220, which specifically identifies them for trade and regulatory purposes.
The HS code system, also known as the Harmonized System, is an internationally recognized standard for classifying traded goods. It provides a unique code for each type of product, allowing for easy identification and categorization during import and export processes.
The product description for HS code 29171220 is "Plasticizers of adipic acid salts and esters." Adipic acid is a dicarboxylic acid commonly used in the production of nylon, polyurethanes, and other synthetic fibers. When combined with salts and esters, it forms plasticizers that enhance the flexibility, durability, and overall performance of various plastic and rubber products.
Importing and exporting goods classified under HS code 29171220 requires compliance with certain regulations and tariffs. The bound or most-favored-nation (MFN) duty rate for this product is 6.5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for HS code 29171220 is kilograms (KG), which is the standard unit of measurement for most traded goods. This ensures consistency and accuracy in determining the quantity of plasticizers being imported or exported.
Several special tariff preference programs are applicable to HS code 29171220. These programs provide specific benefits and exemptions, depending on the trading partners involved. The following countries and regions offer special tariff rates for plasticizers of adipic acid salts and esters:
In addition, Singapore offers a special tariff rate of 1% for plasticizers of adipic acid salts and esters.
When importing products classified under HS code 29171220 into the United States, it is essential to consider the specific regulations and requirements of the exporting country. Likewise, exporters must adhere to the regulations and tariffs imposed by the importing US states.
HS code 29171220 serves as a standardized identifier for plasticizers derived from adipic acid salts and esters. Understanding the classification, regulations, and tariff preferences associated with this HS code is crucial for businesses involved in the import and export of these products. Compliance with these regulations ensures smooth trade operations and facilitates the growth of various industries reliant on plasticizers.