Heading · Chapter 29

2942

2942: Other organic compounds

Heading 2942 has no further six-digit division: the whole heading is subheading 2942.00, in chapter 29 (organic chemicals).

Duty rates compared

Subheadings 1

EU: imports by month

last 12 months€65.8m-20.3% · previous 12 months
Average import price€23.35 per kg
Jan 2024: €5.5mFeb 2024: €5.8mMar 2024: €8.4mApr 2024: €7.3mMay 2024: €5.1mJun 2024: €5.6mJul 2024: €9.1mAug 2024: €8.4mSept 2024: €8.5mOct 2024: €8mNov 2024: €5.5mDec 2024: €6.6mJan 2025: €6.9mFeb 2025: €7.6mMar 2025: €8.5mApr 2025: €6.5mMay 2025: €5mJun 2025: €9.5mJul 2025: €5.7mAug 2025: €4.2mSept 2025: €6.9mOct 2025: €6.4mNov 2025: €5.5mDec 2025: €4.4mJan 2026: €4.6mFeb 2026: €5.2mMar 2026: €5.6mApr 2026: €6.7mMay 2026: €5.9mJun 2026: €5.3mJul 2026: €4.5mAug 2026: €4.8m 202420252026
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

World trade in 2024

2942 · US$1bn

Trade value (US$) no reported trade < US$606kUS$606k+US$4m+US$17m+> US$69m

Exports: 117
  1. India: US$473m
  2. China: US$113m
  3. United States: US$92m
  4. Italy: US$69m
  5. France: US$60m
  6. Taiwan: US$41m
  7. Japan: US$40m
  8. South Korea: US$32m
  9. Germany: US$26m
  10. Philippines: US$18m
  11. Netherlands: US$17m
  12. Switzerland: US$15m
  13. Brazil: US$15m
  14. Spain: US$11m
  15. Ukraine: US$10m
  16. United Kingdom: US$10m
  17. Belgium: US$9m
  18. Sweden: US$8m
  19. Portugal: US$8m
  20. Austria: US$7m
  21. Denmark: US$7m
  22. Czechia: US$7m
  23. Canada: US$6m
  24. Finland: US$6m
  25. Ireland: US$4m
  26. Poland: US$4m
  27. Chile: US$4m
  28. Mexico: US$3m
  29. Hong Kong SAR China: US$3m
  30. Malaysia: US$3m
  31. Hungary: US$3m
  32. Latvia: US$2m
  33. Indonesia: US$2m
  34. Guatemala: US$2m
  35. Singapore: US$2m
  36. Greece: US$2m
  37. Madagascar: US$2m
  38. Thailand: US$1m
  39. Cyprus: US$1m
  40. Lithuania: US$1m
  41. Norway: US$1m
  42. South Africa: US$1m
  43. Vietnam: US$1m
  44. Australia: US$987k
  45. Russia: US$886k
  46. Saudi Arabia: US$864k
  47. Malta: US$840k
  48. Estonia: US$817k
  49. Türkiye: US$797k
  50. Bulgaria: US$763k
  51. United Arab Emirates: US$620k
  52. Slovakia: US$606k
  53. Argentina: US$568k
  54. Kazakhstan: US$552k
  55. New Zealand: US$549k
  56. Romania: US$485k
  57. Israel: US$443k
  58. Slovenia: US$360k
  59. Croatia: US$144k
  60. Congo - Kinshasa: US$112k

Top exporters

RankCountryValueShare
1 India US$473m 41.1%
2 China US$113m 9.8%
3 United States US$92m 8%
4 Italy US$69m 6%
5 France US$60m 5.2%
6 Taiwan US$41m 3.6%
7 Japan US$40m 3.5%
8 South Korea US$32m 2.7%
9 Germany US$26m 2.2%
10 Philippines US$18m 1.5%

Top importers

RankCountryValueShare
1 United States US$97m 8.4%
2 Bangladesh US$46m 4%
3 China US$44m 3.8%
4 India US$44m 3.8%
5 Italy US$43m 3.8%
6 United Arab Emirates US$41m 3.6%
7 Mexico US$41m 3.5%
8 Germany US$40m 3.5%
9 Russia US$39m 3.4%
10 Japan US$38m 3.3%

In the UK Global Tariff, heading 2942 covers 3 tariff lines and the duty is duty-free.

The EU Combined Nomenclature has one tariff line for heading 2942; the duty is 6.5%.

In the Turkish Customs Tariff Schedule, heading 2942 covers 5 tariff lines and the duty is 6.5%.

The Harmonized Tariff Schedule of the United States divides heading 2942 into 5 tariff lines; the duty is between 0% and 6.5% (average 4.6%). 1 of them is duty-free.

World trade in heading 2942 goods reached US$1bn in 2024, down 22.7% on 2023.

India was the largest exporter with 41.1% of the total, ahead of China.

The United States imported the most (US$97m).

The United Kingdom ranked 16th among 117 exporters with US$10m.

The United Kingdom imported US$17m.

Legal notes

Notes

Questions and answers

What is the HS code for other organic compounds?

Other organic compounds fall under HS heading 2942, part of chapter 29, in section VI of the Harmonized System.

What is the import duty on other organic compounds in the UK?

Under the UK Global Tariff, imports under 2942 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on other organic compounds in the EU?

Under the EU Combined Nomenclature, imports under 2942 from countries without a preferential agreement are charged at 6.5%. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most other organic compounds?

India, with US$473m in 2024 (41.1% of world exports).