Harmonized System Codes • Schedule B • Harmonized Commodity Description

The HS Code 15122100: Cottonseed Oil and its Fractions

The HS Code 15122100 refers to crude cottonseed oil and its fractions, regardless of whether gossypol has been removed. This code is used to categorize and identify this specific product for international trade purposes.

Cottonseed oil is derived from the seeds of the cotton plant and is commonly used in various industries, including food, cosmetics, and healthcare. It is known for its versatility and numerous applications in different products.

Bound / MFN Duty Rate

The bound / MFN duty rate for HS Code 15122100 is 5.6 cents per kilogram (KG). This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The duty rate ensures fair and equal treatment for all countries involved in international trade.

Special Tariff Preference Programs

There are several special tariff preference programs associated with HS Code 15122100. These programs offer different tariff rates or exemptions based on specific conditions and eligibility criteria. The programs applicable to cottonseed oil imports include:

• Free: Imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
• Australia Special Rate: Cottonseed oil imports from Australia receive special rate benefits.
• Bahrain Special Rate: Cottonseed oil imports from Bahrain receive special rate benefits.
• NAFTA for Canada: Cottonseed oil imports from Canada receive duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Africa Growth and Opportunity Act (AGOA): Cottonseed oil imports from eligible African countries receive duty-free treatment under AGOA.
• Caribbean Basin Initiative (CBI): Cottonseed oil imports from eligible Caribbean countries receive duty-free treatment under CBI.
• Israel Special Rate: Cottonseed oil imports from Israel receive duty-free treatment under the special rate program.
• Andean Trade Preference Act (ATPA): Cottonseed oil imports from eligible Andean countries receive duty-free treatment under ATPA.
• Jordan Special Rate: Cottonseed oil imports from Jordan receive special rate benefits.
• Morocco Special Rate: Cottonseed oil imports from Morocco receive special rate benefits.
• NAFTA for Mexico: Cottonseed oil imports from Mexico receive duty-free treatment under NAFTA.
• Oman Special Rate: Cottonseed oil imports from Oman receive special rate benefits.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Cottonseed oil imports from eligible DR-CAFTA countries receive special rate benefits.
• Peru Special Rate: Cottonseed oil imports from Peru receive special rate benefits.
• Chile Special Rate: Cottonseed oil imports from Chile receive a tariff rate of 0.7 cents per kilogram.
• Singapore Special Rate: Cottonseed oil imports from Singapore receive a tariff rate of 0.7 cents per kilogram.

Importing and Exporting US States

For HS Code 15122100, the importing US state is Louisiana. This means that the major entry point for cottonseed oil imports into the United States is through the state of Louisiana.

As for exporting US states, there are several that engage in cottonseed oil trade. The top exporting states include:

• Alaska
• Louisiana
• Virginia

These states play a significant role in the export of cottonseed oil, contributing to the global trade of this product.

HS Code 15122100 represents crude cottonseed oil and its fractions. This code is used to classify and regulate the international trade of this product. It is important for importers, exporters, and traders to be aware of the associated duty rates and special tariff preference programs to make informed decisions and maximize trade benefits.