The HS Code 29221970 is used to classify a specific category of products known as "Other aromatic amino-alcohols, their ethers & esters, other than those containing more than one oxy functional group." This code is part of the Harmonized System (HS) implemented by the World Customs Organization (WCO) to facilitate international trade by harmonizing product classification.
The product description indicates that it includes aromatic amino-alcohols, their ethers, and esters that do not contain more than one oxy functional group. These compounds are commonly used in various industries, including pharmaceuticals, cosmetics, and chemical synthesis.
The bound or most-favored-nation (MFN) duty rate for products classified under HS Code 29221970 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 this HS Code is kilograms (KG). This unit of measurement is used to determine the weight or quantity of the products being imported or exported.
There are several special tariff preference programs associated with HS Code 29221970. These programs provide certain countries with preferential treatment, either reducing or eliminating import duties. The countries eligible for these programs include:
Additionally, there are specific agreements and concessions that grant duty-free treatment to certain countries or products. These include the Africa Growth and Opportunity Act (AGOA), the Caribbean Basin Initiative (CBI), the Andean Trade Preference Act (ATPA), the Agreement on Trade in Pharmaceutical Products, and the Uruguay Round Concessions on Intermediate Chemicals for Dyes.
Regarding the importing and exporting US states, the data provided only mentions Puerto Rico as both an importing and exporting state for products classified under HS Code 29221970.
the HS Code 29221970 classifies "Other aromatic amino-alcohols, their ethers & esters, other than those contain more than one oxy functional group." This code is used to facilitate international trade by providing a standardized classification system. The associated duty rate, special tariff preference programs, and importing/exporting states provide additional information for businesses and policymakers involved in the import and export of these products.