The HS Code 29349907 refers to the product Ethyl 2-[4-[(6-chloro-2-benzoxazoyl)oxy]phenoxy]propanoate, commonly known as Fenoxaprop-ethyl. This code is used internationally to classify and standardize the import and export of this specific product.
Fenoxaprop-ethyl is a herbicide commonly used to control grass weeds in various crops, including cereals, rice, soybeans, and turfgrass. It works by inhibiting the synthesis of fatty acids in the target plants, leading to their death. It is an effective and widely used herbicide due to its selective action on grass weeds, leaving the desired crops unaffected.
The HS Code 29349907 is essential in international trade as it helps customs authorities and traders identify and categorize the product accurately. This code ensures that the correct duties, taxes, and regulations are applied to the import and export of Fenoxaprop-ethyl.
The bound or most-favored-nation (MFN) duty rate for the HS Code 29349907 is free. This means that countries must apply a duty-free treatment for the import of Fenoxaprop-ethyl. Whenever 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.
This duty-free treatment promotes fair trade practices and ensures equal opportunities for all trading partners in accessing the global market for Fenoxaprop-ethyl. It encourages competition and lowers the cost of importing this product, benefiting both producers and consumers.
The quantity unit for the HS Code 29349907 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight of imported or exported goods. It provides a standardized measure that facilitates accurate pricing, logistics, and transportation of Fenoxaprop-ethyl.
The HS Code 29349907 is eligible for various special tariff preference programs. These programs offer additional benefits and exemptions for countries importing or exporting Fenoxaprop-ethyl. Some of the special tariff preference programs applicable to this HS Code include:
These special tariff preference programs aim to promote economic cooperation, development, and fair trade among participating countries. They provide reduced or duty-free treatment for Fenoxaprop-ethyl imports, making it more accessible and affordable for businesses in these regions.
The HS Code 29349907 is imported into the following US states:
These states have a demand for Fenoxaprop-ethyl for agricultural purposes or other applications where grass weed control is necessary. The import of this product contributes to the agricultural sector and helps maintain the quality and productivity of crops in these regions.
The HS Code 29349907 is exported from the state of Iowa and Puerto Rico. These regions have a production capacity for Fenoxaprop-ethyl and supply it to other states or countries. The export of this product supports the local economy, creates employment opportunities, and contributes to international trade.
the HS Code 29349907 plays a crucial role in the import and export of Ethyl 2-[4-[(6-chloro-2-benzoxazoyl)oxy]phenoxy]propanoate (Fenoxaprop-ethyl). The code helps classify and regulate the trade of this herbicide, ensuring fair practices, accurate pricing, and compliance with international trade agreements. Understanding and adhering to the HS Code is essential for businesses involved in the import and export of Fenoxaprop-ethyl.