HS Code 29332960: Imidazole
Imidazole, classified under HS Code 29332960, is a versatile chemical compound that finds applications in various industries. In this article, we will explore the properties, uses, and trade information related to Imidazole.
Product Description:
Imidazole is an organic compound with the molecular formula C3H4N2. It is a colorless solid that is soluble in water and most organic solvents. Imidazole has a characteristic odor and is often used as a pharmaceutical intermediate, as well as in the synthesis of various specialty chemicals.
Bound / MFN Duty Rate:
The bound or Most Favored Nation (MFN) duty rate for Imidazole is free. This means that every time a country lowers a trade barrier or opens up a market, it must do so for Imidazole from all its trading partners. This promotes fair trade practices and ensures equal treatment for Imidazole importers and exporters.
Quantity Unit:
Imidazole is commonly traded and measured in kilograms (KG). This unit of measurement allows for accurate and standardized trade transactions, making it easier for importers and exporters to determine quantities and prices.
Special Tariff Preference Programs:
Imidazole benefits from various special tariff preference programs, which provide certain countries with duty-free treatment or reduced tariffs. The following countries have special rates or preferential treatment for Imidazole imports:
- Australia (Generalized System of Preferences - GSP)
- Bahrain
- Canada (North American Free Trade Agreement - NAFTA)
- Chile
- Caribbean Basin Initiative (CBI)
- Israel
- Andean Trade Preference Act (ATPA)
- Jordan
- Agreement on Trade in Pharmaceutical Products
- Morocco
- Mexico (NAFTA)
- Oman
- Dominican Republic-Central American (DR-CAFTA)
- Peru
- Singapore
These special tariff preference programs aim to promote trade and economic cooperation between countries, providing opportunities for Imidazole exporters to access markets with reduced or eliminated tariffs.
Importing US States:
Imidazole is imported by various states in the United States. The specific states involved in Imidazole imports may vary based on market demand, distribution networks, and industrial requirements. Some notable importing states include:
- California
- Texas
- New York
- Illinois
- Florida
Exporting US States:
Imidazole is also exported by several states in the United States. The exporting states may differ based on production capacities, market demand, and international trade networks. Some significant exporting states include:
- Ohio
- New Jersey
- Texas
- California
- Pennsylvania
Imidazole (HS Code 29332960) is a versatile chemical compound used in various industries. Its properties and applications make it a valuable component in pharmaceuticals and specialty chemicals. The duty-free treatment and special tariff preference programs associated with Imidazole facilitate international trade and promote economic cooperation between countries. Importing and exporting states in the United States play a crucial role in the global Imidazole trade, ensuring its availability and accessibility in different markets.
More on HS code 29332960
