Petroleum resins, coumarone, indene, or coumarone-indene resins, and polyterpenes are products classified under HS Code 39111000. This article aims to provide an educational overview of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and information on importing and exporting US states.
The HS Code 39111000 encompasses petroleum resins, coumarone, indene, or coumarone-indene resins, and polyterpenes in their primary forms. These are chemical compounds derived from petroleum or natural sources that are widely used in various industries.
The bound or Most Favored Nation (MFN) duty rate for HS Code 39111000 is 6.1%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for the same goods or services from all trading partners.
The quantity unit for HS Code 39111000 is kilograms (KG). This unit is used to measure the weight or mass of the imported or exported products classified under this HS code.
Several special tariff preference programs offer duty-free treatment for products classified under HS Code 39111000. These programs aim to promote trade and economic development between countries. The following countries or regions provide special tariff rates:
These special tariff preference programs facilitate trade by reducing or eliminating import duties for qualifying products from specific countries or regions.
HS Code 39111000 is imported and exported by several US states. The following states are involved in the import and export of products classified under this HS code:
These states play a significant role in the trade of petroleum resins, coumarone, indene, or coumarone-indene resins, and polyterpenes, contributing to the overall economic activity and growth in the United States.
HS Code 39111000 covers petroleum resins, coumarone, indene, or coumarone-indene resins, and polyterpenes in their primary forms. This HS code has a duty rate of 6.1% and is measured in kilograms (KG). Several special tariff preference programs provide duty-free treatment for products classified under this HS code, promoting trade between countries. Importing and exporting of these products involve various US states, such as Florida, South Carolina, Virginia, West Virginia, and Michigan.