Crude soybean oil is a highly concentrated market with Argentina alone commanding ~49% of global export value ($5.05B), making it the dominant supplier, followed distantly by Brazil at 11.2%. India is the single largest import destination, absorbing over $3.9B from Argentina and Brazil combined, reflecting its structural dependence on imported edible oils, while Bangladesh and China also represent major corridors from Argentina. Supply concentration risk is high given Argentina's outsized role, and any disruption from Argentine export tax changes, drought, or currency policy can materially shift global prices and redirect flows through alternative origins such as Paraguay, Ukraine, or Russia.
HS Code 150710 covers Crude Soybean Oil under the Harmonized System. It is used for customs declarations, import duty assessment, trade statistics, export documentation, and sourcing analysis.
Products classified under HS 150710 are used across Food Processing, Biodiesel/Biofuel, Animal Feed Industry, Oleochemicals. Demand is driven by Global edible oil demand, Biodiesel mandates, Population growth in Asia, Soybean crush margins.
Major exporting countries include Argentina, Brazil, Russia, Paraguay, Turkey based on recent international trade reporting.
Demand is linked to Global edible oil demand, Biodiesel mandates, Population growth in Asia, Soybean crush margins. Input costs are influenced by Soybeans.
Active US trade measures:
Verify final rates with HTSUS, TARIC, CBIC India, and a licensed customs broker.
US importers of Crude Soybean Oil must classify at the HTS10 level. Additional measures such as Section 232, Section 301, ADD/CVD, or Chapter 99 provisions may apply depending on the exact classification and origin.
EU importers classify Crude Soybean Oil at TARIC10 level. Preferential treatment may apply where rules of origin are satisfied under EU trade agreements. Intra-EU trade is duty-free.
India assesses Crude Soybean Oil at the HS8 level under the CBIC Customs Tariff. The applicable duty framework is: BCD 45% + SWS 1% + IGST 5% = 53.77% effective gross rate. IGST is generally recoverable for registered B2B importers via GST filing.
Based on recent international trade data, the leading exporting countries for Crude Soybean Oil are:
These corridors show where trade activity is concentrated. Buyers use this signal to identify supplier depth, established logistics lanes, and alternative sourcing markets.
| HS Code | 150710 |
| Product | Crude Soybean Oil |
| Chapter | 15 — Vegetable Oil |
| Major exporting countries | Argentina, Brazil, Russia, Paraguay, Turkey |
| Primary industries | Food Processing, Biodiesel/Biofuel, Animal Feed Industry, Oleochemicals |
| Trade year | 2024 |
| US duty framework | 19.10% MFN |
| EU duty framework | 50% MFN |
| India BCD | 45% BCD |
Logitality sourcing intelligence for HS 150710 combines global trade corridors, tariff data, commodity cost signals, FX movement, and supplier-country analysis to compare origins by estimated landed cost.
Compare supplier countries for HS 150710 by full duty stack and landed cost.
Run sourcing intelligence →Read the detailed sourcing guide for HS 150710 Crude Soybean Oil, including supplier-country analysis, trade-flow context, and procurement considerations.
HS Code 150710: Crude Soybean Oil Trade Guide for Procurement Professionals (2025) →
HS Code 150710 covers Crude Soybean Oil and is used for customs declarations, trade statistics, import duty assessment, and sourcing analysis.
Duty varies by destination and classification. US: 19.10% MFN. EU: 50% MFN. India: 45% BCD.
Major exporting countries include Argentina, Brazil, Russia, Paraguay, Turkey, based on recent trade reporting.