About HS Code 300432
This HS code covers medicaments containing corticosteroid hormones, their derivatives, or structural analogues, packaged for retail sale, and specifically excluding those containing antibiotics. These powerful anti-inflammatory and immunosuppressive drugs are essential for treating a wide range of conditions, including asthma, allergies, autoimmune diseases, and inflammatory skin conditions. They are traded globally by pharmaceutical manufacturers to wholesalers, hospitals, and pharmacies. The market for corticosteroids is diverse, with products available in various forms such as oral tablets, injections, creams, inhalers, and nasal sprays. International trade in these products is driven by their broad therapeutic utility and is subject to rigorous regulatory standards to ensure patient safety and efficacy. Proper classification is crucial to distinguish them from other hormone preparations or combination products.
Products Under This Code
Prednisone tablets, Dexamethasone injections, Hydrocortisone cream, Fluticasone propionate inhaler, Methylprednisolone tablets, Betamethasone cream, Budesonide capsules, Triamcinolone acetonide spray
Real World Examples
Deltasone, Decadron, Cortef, Flovent, Medrol, Celestone
Common Misclassification
Can be confused with 300439 if it contains other hormones, or 300420 if it also contains antibiotics (which would be excluded from this specific code).
Products Classified Under 3004.32
Industry
This code belongs to the Chemicals industry.
Trade Overview
European countries like Germany and Switzerland, along with the USA, are significant exporters, supplying global healthcare markets.
Frequently Asked Questions
What is HS code 300432?
HS code 300432 covers: Medicaments; containing corticosteroid hormones, their derivatives or structural analogues (but not containing antibiotics), for therapeutic or prophylactic uses, packaged for retail sale. This HS code covers medicaments containing corticosteroid hormones, their derivatives, or structural analogues, packaged for retail sale, and specifically excluding those containing antibiotics. These powerful anti-inflammatory and immunosuppressive drugs are essential for treating a wide range of conditions, including asthma, allergies, autoimmune diseases, and inflammatory skin conditions. They are traded globally by pharmaceutical manufacturers to wholesalers, hospitals, and pharmacies. The market for corticosteroids is diverse, with products available in various forms such as oral tablets, injections, creams, inhalers, and nasal sprays. International trade in these products is driven by their broad therapeutic utility and is subject to rigorous regulatory standards to ensure patient safety and efficacy. Proper classification is crucial to distinguish them from other hormone preparations or combination products.
What products fall under HS code 300432?
Prednisone tablets, Dexamethasone injections, Hydrocortisone cream, Fluticasone propionate inhaler, Methylprednisolone tablets, Betamethasone cream, Budesonide capsules, Triamcinolone acetonide spray
What are common misclassifications for HS code 300432?
Can be confused with 300439 if it contains other hormones, or 300420 if it also contains antibiotics (which would be excluded from this specific code).
How is HS code 300432 structured?
HS code 300432 is a 6-digit subheading under the Harmonized System. The first 2 digits (30) identify the chapter, digits 3-4 (04) identify the heading, and digits 5-6 (32) specify the subheading. This code is standardized globally by the World Customs Organization.