The HS Code 29349908 refers to the product 2,5-Diphenyloxazole. In this article, we will explore the details of this HS code and provide information on its import and export trade.
2,5-Diphenyloxazole is a chemical compound used in various industries. It is primarily used as a fluorescent dye in the manufacturing of optical brighteners, which are added to products like detergents, textiles, and plastics to enhance their whiteness and brightness. Additionally, it is also utilized in the production of pharmaceuticals and research chemicals.
The HS Code 29349908 is associated with the following trade details:
The bound/MFN duty rate of 6.5% indicates that whenever a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 6.5% for the import of 2,5-Diphenyloxazole from all its trading partners. This ensures fair and equal treatment for all countries involved in trade.
The quantity unit for this HS code is kilograms (KG), which is the standard measurement unit for international trade of chemicals and other products.
2,5-Diphenyloxazole enjoys special tariff preference programs in various countries. It is duty-free under programs such as the Generalized System of Preferences (GSP), Australia Special Rate, Bahrain Special Rate, NAFTA for Canada, Chile Special Rate, Caribbean Basin Initiative (CBI), Israel Special Rate, Andean Trade Preference Act (ATPA), Jordan Special Rate, Morocco Special Rate, NAFTA for Mexico, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), and Peru Special Rate. Additionally, it attracts a 1% tariff rate under the Singapore Special Rate.
The HS Code 29349908 is imported into the following US states:
These states actively import 2,5-Diphenyloxazole to meet their industrial and manufacturing needs.
The HS Code 29349908 is exported from the state of Iowa and Puerto Rico.
These states play a significant role in the global trade of 2,5-Diphenyloxazole, exporting it to various countries around the world.
the HS Code 29349908 represents 2,5-Diphenyloxazole, a chemical compound used in industries such as manufacturing, pharmaceuticals, and research. It enjoys special tariff preferences in several countries and is imported into various US states. The trade of this product contributes to the growth and development of multiple industries and economies.