Propellant powders play a crucial role in various industries, including military, aerospace, and recreational activities. These powders are classified under the Harmonized System (HS) code 36010000, which helps streamline international trade by providing a standardized classification system for goods. In this article, we will delve into the details of HS code 36010000 and explore its various aspects.
The HS code 36010000 represents propellant powders. These powders are used extensively in ammunition, fireworks, and other applications that require controlled explosive power. Propellant powders are meticulously formulated to ensure consistent and reliable performance. They are designed to burn rapidly, generating gases that create the necessary pressure for propulsion or explosion.
The bound or most-favored-nation (MFN) duty rate for HS code 36010000 is 6.5%. This means that every time a country reduces trade barriers or opens up its market, it must apply the same duty rate to propellant powders imported from all its trading partners. This ensures fair and equal treatment for all countries involved in international trade.
The quantity unit specified for HS code 36010000 is kilograms (KG). This measurement unit is used to determine the weight of the propellant powders being imported or exported. It allows for accurate and standardized calculations when dealing with trade transactions.
Several special tariff preference programs are applicable to propellant powders classified under HS code 36010000. These programs provide certain countries with preferential treatment, reducing or eliminating the duty rates. The following countries are eligible for special tariff preference programs for propellant powders:
These special tariff preference programs encourage trade and strengthen economic relationships between countries by providing incentives for specific goods, such as propellant powders.
While HS code 36010000 applies to propellant powders globally, it is also essential to understand the specific states involved in the import and export of these goods. Based on the available data, the primary importing state is Iowa, while the main exporting states are Idaho and Oklahoma.
Understanding the import and export patterns of propellant powders can help identify potential market opportunities and establish trade relationships between different regions within the United States.
HS code 36010000 represents propellant powders, which are vital components in various industries. This comprehensive guide has provided an in-depth understanding of the HS code, its product description, duty rates, special tariff preference programs, and the involvement of specific US states in import and export activities. By familiarizing ourselves with these details, we can navigate international trade more efficiently and explore opportunities in the propellant powder market.