HS Code Subheading

Steroidal hormones, their derivatives and structural analogues; oestrogens and progestogens

2937.23 Subheading
Section VI — Products of the chemical or allied industries

About HS Code 293723

This HS code covers oestrogens and progestogens, which are crucial female sex hormones and their derivatives. These compounds are extensively traded globally for a wide range of medical applications, including contraception, hormone replacement therapy (HRT), fertility treatments, and managing menopausal symptoms. The primary players in this international trade are large pharmaceutical companies and specialized API manufacturers. Exporters supply these active ingredients to formulators worldwide, who then produce finished dosage forms. Key aspects of this trade include ensuring high purity, adhering to strict pharmaceutical manufacturing standards, and navigating diverse regulatory requirements for reproductive health products. The market is influenced by demographic trends, healthcare policies, and ongoing research into women's health.

Products Under This Code

Estradiol, Progesterone, Ethinylestradiol, Levonorgestrel, Norethindrone, Drospirenone, Medroxyprogesterone acetate

Real World Examples

Premarin (Pfizer), Provera (Pfizer), Yasmin (Bayer), Loestrin (Allergan), NuvaRing (Merck)

Common Misclassification

This code is specific to oestrogens and progestogens; other steroidal hormones, such as androgens or corticosteroids, are classified under different subheadings like 293729 or 293721.

Products Classified Under 2937.23

EstrogenProgesterone

Related Codes

2937.11 Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues; somatotropin, its derivatives and structural analogues 2937.12 Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues; insulin and its salts 2937.19 Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues; other than somatotropin, (its derivatives and structural anaologues) and insulin and its salts 2937.21 Steroidal hormones, their derivatives and structural analogues; cortisone, hydrocortisone, prednisone (dehydrocortisone) and prednisolone (dehydrohydrocortisone) 2937.22 Steroidal hormones, their derivatives and structural analogues; halogenated derivatives of corticosteroidal hormones 2937.29 Steroidal hormones, their derivatives and structural analogues; other than cortisone, hydrocortisone, prednisone (dehydrocortisone), prednisolone (dehydrohydrocortisone), halogenated derivatives of corticosteroidal hormones, oestrogen and progestogens 2937.50 Prostaglandins, thromboxanes and leukotrienes, their derivatives and structural analogues 2937.90 Hormones, prostaglandins, thromboxanes and leukotrienes, natural or reproduced by synthesis; derivatives and structural analogues thereof, including chain modified polypeptides, used primarily as hormones, n.e.c. in heading 2937

Industry

This code belongs to the Chemicals industry.

Trade Overview

Germany, China, and India are significant exporters, while the USA and various European countries are major importers of these hormones.

Frequently Asked Questions

What is HS code 293723?

HS code 293723 covers: Steroidal hormones, their derivatives and structural analogues; oestrogens and progestogens. This HS code covers oestrogens and progestogens, which are crucial female sex hormones and their derivatives. These compounds are extensively traded globally for a wide range of medical applications, including contraception, hormone replacement therapy (HRT), fertility treatments, and managing menopausal symptoms. The primary players in this international trade are large pharmaceutical companies and specialized API manufacturers. Exporters supply these active ingredients to formulators worldwide, who then produce finished dosage forms. Key aspects of this trade include ensuring high purity, adhering to strict pharmaceutical manufacturing standards, and navigating diverse regulatory requirements for reproductive health products. The market is influenced by demographic trends, healthcare policies, and ongoing research into women's health.

What products fall under HS code 293723?

Estradiol, Progesterone, Ethinylestradiol, Levonorgestrel, Norethindrone, Drospirenone, Medroxyprogesterone acetate

What are common misclassifications for HS code 293723?

This code is specific to oestrogens and progestogens; other steroidal hormones, such as androgens or corticosteroids, are classified under different subheadings like 293729 or 293721.

How is HS code 293723 structured?

HS code 293723 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 (23) specify the subheading. This code is standardized globally by the World Customs Organization.