About HS Code 280120
This HS code encompasses elemental iodine, a non-metallic element with diverse applications across various sectors. In international trade, iodine is a strategic commodity, primarily imported by pharmaceutical, chemical, and electronics industries. It's widely used in medical antiseptics, X-ray contrast media, and as a component in nutritional supplements. Industrially, iodine serves as a catalyst in chemical reactions, a stabilizer in nylon production, and a crucial material for LCD screens. Chile is a dominant global supplier due to its extensive caliche deposits, making its production and export policies significant. Key considerations for trade include purity levels, price volatility influenced by supply disruptions, and its strategic importance in high-tech manufacturing and healthcare.
Products Under This Code
Crude iodine, resublimed iodine, iodine flakes, granular iodine, high-purity iodine
Real World Examples
SQM Iodine, Ise Chemical Iodine, Godo Shigen Iodine, Cosayach Iodine
Common Misclassification
Elemental iodine (2801.20) should not be confused with iodine compounds such as potassium iodide (2827.60) or prepared medicaments containing iodine (3004.90).
Products Classified Under 2801.20
Industry
This code belongs to the Chemicals industry.
Trade Overview
Chile is the leading exporter of iodine, while the USA, Japan, and European countries are significant importers for industrial and medical uses.
Frequently Asked Questions
What is HS code 280120?
HS code 280120 covers: Iodine. This HS code encompasses elemental iodine, a non-metallic element with diverse applications across various sectors. In international trade, iodine is a strategic commodity, primarily imported by pharmaceutical, chemical, and electronics industries. It's widely used in medical antiseptics, X-ray contrast media, and as a component in nutritional supplements. Industrially, iodine serves as a catalyst in chemical reactions, a stabilizer in nylon production, and a crucial material for LCD screens. Chile is a dominant global supplier due to its extensive caliche deposits, making its production and export policies significant. Key considerations for trade include purity levels, price volatility influenced by supply disruptions, and its strategic importance in high-tech manufacturing and healthcare.
What products fall under HS code 280120?
Crude iodine, resublimed iodine, iodine flakes, granular iodine, high-purity iodine
What are common misclassifications for HS code 280120?
Elemental iodine (2801.20) should not be confused with iodine compounds such as potassium iodide (2827.60) or prepared medicaments containing iodine (3004.90).
How is HS code 280120 structured?
HS code 280120 is a 6-digit subheading under the Harmonized System. The first 2 digits (28) identify the chapter, digits 3-4 (01) identify the heading, and digits 5-6 (20) specify the subheading. This code is standardized globally by the World Customs Organization.