The HS Code 31055900 refers to mineral or chemical fertilizers that contain the two essential elements for plant growth, namely nitrogen and phosphorus. These fertilizers are commonly used in agriculture to enhance soil fertility and promote healthy plant growth. In this article, we will explore the details of this HS Code, including its product description, duty rates, quantity unit, and special tariff preference programs. We will also discuss the importing and exporting US states for this particular HS Code.
The product description of HS Code 31055900 is mineral or chemical fertilizers nesoi (not elsewhere specified or included), containing nitrogen and phosphorus as the two main fertilizing elements. These fertilizers are essential for providing plants with the necessary nutrients to support their growth and development. The combination of nitrogen and phosphorus in these fertilizers ensures a balanced nutrient supply for optimal plant health.
The Bound / MFN (Most Favored Nation) duty rate for HS Code 31055900 is free. This means that there are no tariffs or duties imposed on the import or export of this product. It is important to note that 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 principle ensures fair and equal treatment for all trading partners and promotes global trade.
The quantity unit for HS Code 31055900 is metric tons (T). This unit of measurement is commonly used to quantify the weight or volume of goods traded internationally. Metric tons provide a standardized measure that allows for efficient trade and accurate calculations of import and export volumes.
Special tariff preference programs may exist for HS Code 31055900, offering certain benefits or concessions to importers or exporters. These programs aim to promote trade between specific countries or regions and can include reduced or eliminated duties, streamlined customs procedures, or other trade facilitation measures.
For HS Code 31055900, the importing US state is Louisiana. This means that Louisiana is one of the destinations for the import of mineral or chemical fertilizers containing nitrogen and phosphorus. Importers in Louisiana can benefit from the free duty rate associated with this HS Code, facilitating the import process and promoting agricultural activities in the state.
HS Code 31055900 is exported from the following US states:
These states are involved in exporting mineral or chemical fertilizers containing nitrogen and phosphorus. Exporters from these states can take advantage of the global demand for fertilizers and contribute to the agricultural sector both domestically and internationally.
HS Code 31055900 represents mineral or chemical fertilizers that contain nitrogen and phosphorus, essential elements for plant growth. The duty rate for this HS Code is free, and the quantity unit is metric tons. Importing US state for this HS Code is Louisiana, while the exporting US states include Florida, Idaho, and Wyoming. Understanding the details of HS Code 31055900 is crucial for importers, exporters, and participants in the agricultural industry.