HS Code 4001.30.00.05

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HS Code 4001.30.00.05 refers to balata, a natural rubber-like substance obtained from the sap of specific tropical trees. This classification includes balata in its raw form, which is typically used in manufacturing various rubber products such as footwear, industrial goods, and even certain types of adhesives. Industries that utilize balata range from automotive to consumer goods, where its elasticity and durability are valued. Importers should note that the general duty rate for balata can vary, potentially impacting overall costs. It’s essential for businesses to stay informed about current tariff rates and any applicable trade agreements, as these can significantly affect pricing and competitiveness in the market.

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