Product Description:
Citric acid, also known as 2-hydroxypropane-1,2,3-tricarboxylic acid, is a weak organic acid found naturally in citrus fruits like lemons, oranges, and limes. It is a white crystalline powder with a sour taste and is widely used as a flavoring agent, acidulant, preservative, and pH regulator in various products.Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate for HS Code 29181400 is 6%. 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 6% duty rate applies to the importation of citric acid, ensuring fair and consistent trade practices.Quantity Unit:
Citric acid is measured in kilograms (KG) as the quantity unit. This unit allows for easy measurement and standardization of the product's weight during import and export processes.Special Tariff Preference Programs:
Citric acid enjoys special tariff preference programs in various countries. These programs provide certain benefits, such as duty-free treatment or reduced duty rates, to promote trade and economic cooperation. The following countries have special tariff preference programs for citric acid under HS Code 29181400:Importing U.S. States:
When importing citric acid into the United States under HS Code 29181400, certain states have specific regulations and requirements. Currently, the following states are known for importing citric acid:Exporting U.S. States:
While the specific exporting states for citric acid under HS Code 29181400 are not mentioned in the provided data, the United States is a significant exporter of various goods, including citric acid. Export regulations, documentation requirements, and trade agreements play a crucial role in facilitating the export of citric acid from the U.S. to other countries. HS Code 29181400 represents citric acid, a versatile substance widely used in numerous industries. Understanding the product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting considerations is essential for businesses involved in the trade of citric acid. By adhering to regulations and leveraging tariff preference programs, businesses can maximize the benefits and opportunities associated with this valuable product.