About HS Code 293721
This HS code specifically covers cortisone, hydrocortisone, prednisone, and prednisolone, along with their derivatives and structural analogues. These are potent steroidal hormones widely used as anti-inflammatory and immunosuppressive agents in a vast array of medical conditions, including autoimmune diseases, allergies, and certain cancers. The international trade of these compounds is substantial, with major pharmaceutical manufacturers and active pharmaceutical ingredient (API) suppliers being the primary exporters, and pharmaceutical companies worldwide importing them for formulation into finished medications. Key aspects of this trade include ensuring high purity, adhering to pharmacopoeial standards, and managing global supply chains for these essential medicines. Their widespread use makes them a staple in hospital and pharmacy inventories globally.
Products Under This Code
Hydrocortisone acetate, Prednisone tablets, Cortisone powder, Prednisolone sodium phosphate, Methylprednisolone, Dexamethasone, Betamethasone
Real World Examples
Cortef (Pfizer), Deltasone (Pfizer), Medrol (Pfizer), Solu-Medrol (Pfizer), Orapred (Shionogi)
Common Misclassification
This code is specific to these four key corticosteroids; other steroidal hormones, even corticosteroids, fall under different subheadings like 293722 or 293729.
Products Classified Under 2937.21
Industry
This code belongs to the Chemicals industry.
Trade Overview
China, India, and Germany are major producers and exporters, while the USA and EU countries are significant importers of these corticosteroids.
Frequently Asked Questions
What is HS code 293721?
HS code 293721 covers: Steroidal hormones, their derivatives and structural analogues; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone). This HS code specifically covers cortisone, hydrocortisone, prednisone, and prednisolone, along with their derivatives and structural analogues. These are potent steroidal hormones widely used as anti-inflammatory and immunosuppressive agents in a vast array of medical conditions, including autoimmune diseases, allergies, and certain cancers. The international trade of these compounds is substantial, with major pharmaceutical manufacturers and active pharmaceutical ingredient (API) suppliers being the primary exporters, and pharmaceutical companies worldwide importing them for formulation into finished medications. Key aspects of this trade include ensuring high purity, adhering to pharmacopoeial standards, and managing global supply chains for these essential medicines. Their widespread use makes them a staple in hospital and pharmacy inventories globally.
What products fall under HS code 293721?
Hydrocortisone acetate, Prednisone tablets, Cortisone powder, Prednisolone sodium phosphate, Methylprednisolone, Dexamethasone, Betamethasone
What are common misclassifications for HS code 293721?
This code is specific to these four key corticosteroids; other steroidal hormones, even corticosteroids, fall under different subheadings like 293722 or 293729.
How is HS code 293721 structured?
HS code 293721 is a 6-digit subheading under the Harmonized System. The first 2 digits (29) identify the chapter, digits 3-4 (37) identify the heading, and digits 5-6 (21) specify the subheading. This code is standardized globally by the World Customs Organization.