HS Code 2709.00
Official Classification
Petroleum oils and oils obtained from bituminous minerals, crude:
🤖 AI Analysis
HS Code 2709.00 covers crude petroleum oils and oils derived from bituminous minerals, which primarily includes unrefined crude oil extracted from the earth. This classification is critical for industries such as energy production, manufacturing, and transportation, where crude oil serves as a foundational input for refining into various petroleum products, including gasoline, diesel, and other fuels. Importers should be aware that the general duty rate for products under this classification can vary, potentially impacting overall import costs. It is essential for businesses to stay informed about current duty rates and any applicable trade agreements, as these can significantly influence profitability and pricing strategies in the competitive energy market.
Frequently Asked Questions
How much is the duty for HS Code 2709.00?
The standard general duty rate for importing goods under HS Code 2709.00 into the US is 0% based on the current Harmonized Tariff Schedule.
Need Help?
Our import experts can help you classify products and optimize your duty payments.
Contact Expert🚢 Shipping petroleum oils and o...?
Container rates fluctuate weekly. Compare SeaRates quotes instantly against DHL, FedEx, and Maersk to save up to 35%.
- ✓ FCL & LCL
- ✓ Air Cargo
- ✓ Door-to-Door