HS 271121 Chapter 27 Trade Intelligence Active US trade measures

HS 271121 — Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas

HS 271121 covers Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas, a traded product category used in import duty assessment, customs classification, sourcing analysis, trade statistics, and export documentation.

2024
Trade year
116 countries
Importing markets
78 countries
Exporting markets
$171.0B
Global trade
Norway
Top exporter
5% BCD
India BCD

What is HS Code 271121?

HS Code 271121 covers Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas under the Harmonized System. It is used for customs declarations, import duty assessment, trade statistics, export documentation, and sourcing analysis.

Products classified under HS 271121 are used across manufacturing, procurement, and international trade. Demand is driven by industrial production, capital expenditure, and global supply chain activity.

Why HS 271121 Matters in Global Trade

Major exporting countries include Norway, Belgium, Russia, France, Canada 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.

Import Duty for HS 271121 — US, EU, India

Active US trade measures:

Verify final rates with HTSUS, TARIC, CBIC India, and a licensed customs broker.

Import HS 271121 into the United States

US importers of Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas 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.

Import HS 271121 into the European Union

EU importers classify Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas at TARIC10 level. Preferential treatment may apply where rules of origin are satisfied under EU trade agreements. Intra-EU trade is duty-free.

Import HS 271121 into India

India assesses Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas at the HS8 level under the CBIC Customs Tariff. The applicable duty framework is: BCD 5% + SWS 0% + IGST 0% = 5% effective gross rate. IGST is generally recoverable for registered B2B importers via GST filing.

Major Exporting Countries — HS 271121

Based on recent international trade data, the leading exporting countries for Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas are:

Largest Recorded Trade Corridors — HS 271121

Largest corridors (2024)

Trade pattern insight

These corridors show where trade activity is concentrated. Buyers use this signal to identify supplier depth, established logistics lanes, and alternative sourcing markets.

HS 271121 Trade Snapshot

HS Code271121
ProductPetroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas
Chapter27 — Chapter 27 Trade Intelligence
Major exporting countriesNorway, Belgium, Russia, France, Canada
Primary industriesmanufacturing, procurement, and international trade
Trade year2024
US duty frameworkHTS10 classification dependent
EU duty framework0% MFN
India BCD5% BCD

HS 271121 Sourcing Intelligence

Logitality sourcing intelligence for HS 271121 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 271121 by full duty stack and landed cost.

Run sourcing intelligence →

Frequently Asked Questions — HS 271121

What products fall under HS Code 271121?

HS Code 271121 covers Petroleum gases and other gaseous hydrocarbons; in gaseous state, natural gas and is used for customs declarations, trade statistics, import duty assessment, and sourcing analysis.

What is the import duty for HS 271121?

Duty varies by destination and classification. US: HTS10 classification dependent. EU: 0% MFN. India: 5% BCD.

Which countries export HS 271121?

Major exporting countries include Norway, Belgium, Russia, France, Canada, based on recent trade reporting.

Related Trade Intelligence

Related HS Codes