About HS Code 292021
This HS code specifically covers dimethyl phosphite, a vital chemical intermediate in organic synthesis. It is extensively utilized in the production of a wide array of pesticides, pharmaceuticals, flame retardants, and other specialty chemicals. Its international trade primarily involves specialized chemical manufacturers exporting the compound from production hubs, and various industrial sectors, particularly agrochemical and pharmaceutical companies, importing it for further synthesis and product development. The demand for dimethyl phosphite is driven by the continuous need for new and improved agrochemicals and pharmaceutical active ingredients, making it a significant component in the global fine chemical supply chain.
Products Under This Code
Dimethyl phosphite, DMPI, dimethyl hydrogen phosphite, phosphonic acid dimethyl ester, intermediate chemical
Real World Examples
Lanxess (specialty chemicals), Arkema (chemical intermediates), Jiangsu Yangnong Chemical Group (agrochemical intermediates)
Common Misclassification
Other phosphite esters like diethyl phosphite (292022) or trimethyl phosphite (292023) are distinct. Misclassification occurs if the specific alkyl group is not correctly identified.
Products Classified Under 2920.21
Industry
This code belongs to the Chemicals industry.
Trade Overview
China, India, and European countries are major producers and consumers of dimethyl phosphite for their chemical industries.
Frequently Asked Questions
What is HS code 292021?
HS code 292021 covers: Esters; phosphite esters and their salts; their halogenated, sulphonated, nitrated or nitrosated derivatives, dimethyl phosphite. This HS code specifically covers dimethyl phosphite, a vital chemical intermediate in organic synthesis. It is extensively utilized in the production of a wide array of pesticides, pharmaceuticals, flame retardants, and other specialty chemicals. Its international trade primarily involves specialized chemical manufacturers exporting the compound from production hubs, and various industrial sectors, particularly agrochemical and pharmaceutical companies, importing it for further synthesis and product development. The demand for dimethyl phosphite is driven by the continuous need for new and improved agrochemicals and pharmaceutical active ingredients, making it a significant component in the global fine chemical supply chain.
What products fall under HS code 292021?
Dimethyl phosphite, DMPI, dimethyl hydrogen phosphite, phosphonic acid dimethyl ester, intermediate chemical
What are common misclassifications for HS code 292021?
Other phosphite esters like diethyl phosphite (292022) or trimethyl phosphite (292023) are distinct. Misclassification occurs if the specific alkyl group is not correctly identified.
How is HS code 292021 structured?
HS code 292021 is a 6-digit subheading under the Harmonized System. The first 2 digits (29) identify the chapter, digits 3-4 (20) identify the heading, and digits 5-6 (21) specify the subheading. This code is standardized globally by the World Customs Organization.