HS 271012 covers Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations, a traded product category used in import duty assessment, customs classification, sourcing analysis, trade statistics, and export documentation.
HS Code 271012 covers Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations under the Harmonized System. It is used for customs declarations, import duty assessment, trade statistics, export documentation, and sourcing analysis.
Products classified under HS 271012 are used across manufacturing, procurement, and international trade. Demand is driven by industrial production, capital expenditure, and global supply chain activity.
Major exporting countries include multiple supplier countries based on recent international trade reporting.
Demand is linked to industrial production, capital expenditure, and global supply chain activity. Input costs are influenced by raw material and energy input costs.
Active US trade measures:
Verify final rates with HTSUS, TARIC, CBIC India, and a licensed customs broker.
US importers of Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations 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 Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations 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 Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations at the HS8 level under the CBIC Customs Tariff. The applicable duty framework is: BCD 5% + SWS 0.50% + IGST 18% = 24.52% 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 Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations 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 | 271012 |
| Product | Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations |
| Chapter | 27 — Chapter 27 Trade Intelligence |
| Major exporting countries | multiple supplier countries |
| Primary industries | manufacturing, procurement, and international trade |
| Trade year | Latest available |
| US duty framework | 3.50% MFN |
| EU duty framework | 4.70% MFN |
| India BCD | 5% BCD |
Logitality sourcing intelligence for HS 271012 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 271012 by full duty stack and landed cost.
Run sourcing intelligence →HS Code 271012 covers Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations and is used for customs declarations, trade statistics, import duty assessment, and sourcing analysis.
Duty varies by destination and classification. US: 3.50% MFN. EU: 4.70% MFN. India: 5% BCD.
Major exporting countries include multiple supplier countries, based on recent trade reporting.