When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products. Each HS Code is a unique identifier for a specific product, providing valuable information about its nature, composition, and origin. In this article, we will delve into the details of HS Code 99021186, focusing on the product description, duty rates, and special tariff preference programs associated with it.
HS Code 99021186 corresponds to the product Walocel VP-M 20660, which has the chemical compound CAS 9032-42-2. This product falls under the broader category of 3912.39.00, which encompasses various cellulose ethers and their chemical derivatives. Walocel VP-M 20660 is a specific type of cellulose ether with unique properties and applications.
Cellulose ethers are widely used in industries such as pharmaceuticals, construction, and food processing. They are known for their thickening, stabilizing, and film-forming properties, making them essential in a range of products and processes. Walocel VP-M 20660, specifically, has its own distinct characteristics that make it suitable for specific applications within these industries.
The bound or Most Favored Nation (MFN) duty rate associated with HS Code 99021186 is free. This means that when a country lowers a trade barrier or opens up a market, it must apply this zero-duty rate to the importation of Walocel VP-M 20660 from all its trading partners. This ensures fairness and equal treatment among all countries involved in international trade.
By having a duty-free status, HS Code 99021186 encourages trade and facilitates the movement of Walocel VP-M 20660 across borders. This can benefit both the importing and exporting countries by promoting economic growth, fostering innovation, and creating new business opportunities.
Unfortunately, the specific quantity unit for HS Code 99021186 is not available (NA) at the moment. However, it is important to note that trade data often includes information on the quantity or weight of the imported or exported goods. This data helps in analyzing market trends, monitoring supply and demand, and making informed business decisions.
Special tariff preference programs are designed to provide certain benefits or advantages to specific products or trading partners. While there is no specific information available about the special tariff preference programs associated with HS Code 99021186, it is worth exploring whether any exist.
Many countries have established preferential trade agreements, regional trade blocs, or bilateral trade agreements that offer reduced tariffs or other trade advantages for certain products. These programs aim to promote economic cooperation, enhance market access, and strengthen diplomatic ties between participating countries.
Therefore, it is advisable for importers and exporters of Walocel VP-M 20660 to research and explore any potential special tariff preference programs that could provide cost savings or other trade benefits.
HS Code 99021186 represents the product Walocel VP-M 20660, a cellulose ether with various applications in industries such as pharmaceuticals, construction, and food processing. With a bound or MFN duty rate set at free, this HS Code encourages trade and ensures equal treatment among trading partners.
While the specific quantity unit is not available at present, it is essential to consider this information in future trade analysis. Additionally, researching special tariff preference programs can help importers and exporters of Walocel VP-M 20660 take advantage of cost savings and trade benefits.
HS Code 99021186 serves as a valuable tool in international trade, facilitating the smooth movement of Walocel VP-M 20660 while contributing to economic growth and cooperation among nations.