Understanding Ferrous Fumarate HS Code: A Comprehensive Guide
When it comes to international trade, understanding the Harmonized System (HS) codes is essential for businesses involved in the import and export of goods. One such product that often requires a specific HS code is ferrous fumarate. In this article, we will delve into what ferrous fumarate is, its applications, and the relevant HS code associated with it.
What is Ferrous Fumarate?
Ferrous fumarate is an iron supplement commonly used to treat or prevent iron deficiency anemia. It is a type of iron salt that is highly soluble and bioavailable, making it effective for increasing iron levels in the body. The chemical formula for ferrous fumarate is C₄H₄FeO₄, and it is often found in dietary supplements and fortified foods.
Key Benefits of Ferrous Fumarate:
1. Effective Iron Supplement: Ferrous fumarate is known for its ability to replenish iron stores in the body effectively.
2. Improved Bioavailability: Compared to other iron supplements, ferrous fumarate has a higher absorption rate, making it a preferred choice for many healthcare providers.
3. Reduced Gastrointestinal Side Effects: Many users report fewer gastrointestinal issues with ferrous fumarate compared to other iron supplements.
Applications of Ferrous Fumarate
Ferrous fumarate is widely used in various industries, including:
– Pharmaceuticals: As a key ingredient in iron supplements.
– Food Industry: Fortification of cereals and other food products to combat iron deficiency.
– Animal Feed: Used as an iron source in livestock feed to promote growth and health.
Ferrous Fumarate HS Code
The HS code system is an internationally standardized system of names and numbers for classifying traded products. For ferrous fumarate, the relevant HS code falls under Chapter 28, which covers inorganic chemicals. The specific HS code for ferrous fumarate is 2918.99.
Breakdown of the HS Code:
– 29: Refers to organic chemicals.
– 18: Indicates carboxylic acids and their derivatives, which include fumarate.
– 99: Represents other organic compounds not elsewhere classified.
Importance of Knowing the HS Code
1. Customs Clearance: Accurate HS coding is crucial for smooth customs clearance processes during import and export.
2. Tariff Classification: Knowing the HS code helps businesses understand the applicable tariffs and regulations for their products.
3. Market Research: Businesses can conduct market research based on HS codes to identify trade trends and opportunities.
Conclusion
Ferrous fumarate plays a vital role in addressing iron deficiency anemia and is widely utilized across various sectors. Understanding its HS code, 2918.99, is essential for businesses engaged in international trade. By ensuring compliance with customs regulations and accurately classifying products, companies can navigate the complexities of global trade more effectively.
If you are involved in the import or export of ferrous fumarate, make sure you are aware of its HS code and the associated regulations to facilitate a smooth trading experience. For more information on ferrous fumarate and other related topics, feel free to explore our resources or contact us for expert guidance.