About HS Code 291512
This HS code covers the various salts derived from formic acid, such as sodium formate, calcium formate, and potassium formate. These salts are widely utilized across several industries. Sodium formate, for instance, is used in leather tanning, as a de-icing agent, and in the production of oxalic acid. Calcium formate serves as a feed additive for livestock, a concrete accelerator, and a drilling fluid additive in the oil and gas industry. Potassium formate is often employed as an environmentally friendly de-icing agent and in oilfield drilling fluids. Major importers are countries with strong construction, agriculture, or oil and gas sectors, including China, the USA, and various European nations. Exporters typically include countries with robust chemical manufacturing capabilities, such as China, India, and Germany. Key considerations for trade involve the specific salt's purity, particle size, and packaging requirements, as well as its application-specific certifications. The demand is driven by industrial growth and the need for more sustainable chemical alternatives.
Products Under This Code
Sodium formate, Calcium formate, Potassium formate, Ammonium formate, Magnesium formate, Barium formate
Real World Examples
Perstorp Calcium Formate, BASF Sodium Formate, Kemira Formate salts, Shandong Baoyuan Chemical Potassium Formate
Common Misclassification
This code is for salts of formic acid. Formic acid itself is 291511, and its esters are 291513. Misclassification can occur if the specific derivative (acid, salt, or ester) is not clearly distinguished.
EU Regulatory Requirements
This product category is subject to the EU Deforestation Regulation (EUDR). Importers must provide due diligence statements proving the product was not produced on deforested land after December 31, 2020.
Products Classified Under 2915.12
Industry
This code belongs to the Chemicals industry.
Trade Overview
Key importers include China, the USA, and Germany; major exporters are China, India, and Germany.
Frequently Asked Questions
What is HS code 291512?
HS code 291512 covers: Acids; saturated acyclic monocarboxylic acids; salts of formic acids. This HS code covers the various salts derived from formic acid, such as sodium formate, calcium formate, and potassium formate. These salts are widely utilized across several industries. Sodium formate, for instance, is used in leather tanning, as a de-icing agent, and in the production of oxalic acid. Calcium formate serves as a feed additive for livestock, a concrete accelerator, and a drilling fluid additive in the oil and gas industry. Potassium formate is often employed as an environmentally friendly de-icing agent and in oilfield drilling fluids. Major importers are countries with strong construction, agriculture, or oil and gas sectors, including China, the USA, and various European nations. Exporters typically include countries with robust chemical manufacturing capabilities, such as China, India, and Germany. Key considerations for trade involve the specific salt's purity, particle size, and packaging requirements, as well as its application-specific certifications. The demand is driven by industrial growth and the need for more sustainable chemical alternatives.
What products fall under HS code 291512?
Sodium formate, Calcium formate, Potassium formate, Ammonium formate, Magnesium formate, Barium formate
What are common misclassifications for HS code 291512?
This code is for salts of formic acid. Formic acid itself is 291511, and its esters are 291513. Misclassification can occur if the specific derivative (acid, salt, or ester) is not clearly distinguished.
How is HS code 291512 structured?
HS code 291512 is a 6-digit subheading under the Harmonized System. The first 2 digits (29) identify the chapter, digits 3-4 (15) identify the heading, and digits 5-6 (12) specify the subheading. This code is standardized globally by the World Customs Organization.