Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 15152100: Corn (maize) oil, crude, and its fractions, not chemically modified

Corn oil is a valuable commodity in the global market, and its trade is governed by the Harmonized System (HS) Code 15152100. This code is used to classify crude corn oil and its fractions that have not undergone any chemical modification.

The HS code system is an international standard for classifying traded goods. It is used by customs authorities and trade organizations worldwide to ensure uniformity and consistency in the classification of products. The HS code for corn oil, 15152100, helps facilitate smooth international trade by providing a common language for identifying and categorizing this specific product.

When it comes to importing or exporting corn oil, it is important to be aware of the associated duties and tariff rates. The bound or most-favored-nation (MFN) duty rate for HS Code 15152100 is 3.4%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for corn oil from all its trading partners.

The quantity unit for corn oil is kilograms (KG). This unit of measurement is used to determine the weight of the product being imported or exported.

There are also special tariff preference programs that offer duty-free treatment for corn oil imports. These programs include:

• A+ (Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading)
• AU (Australia Special Rate)
• BH (Bahrain Special Rate)
• CA (NAFTA for Canada - duty-free treatment)
• CL (Chile Special Rate)
• D (Africa Growth and Opportunity Act (AGOA) - duty-free treatment)
• E (Caribbean Basin Initiative (CBI))
• IL (Israel Special Rate - duty-free treatment)
• J (Andean Trade Preference Act (ATPA))
• JO (Jordan Special Rate)
• MA (Morocco Special Rate)
• MX (NAFTA for Mexico)
• OM (Oman Special Rate)
• P (Dominican Republic-Central American Special Rate (DR-CAFTA))
• PE (Peru Special Rate)
• SG (Singapore Special Rate)

These special tariff preference programs provide opportunities for certain countries to import corn oil at a reduced or zero tariff rate, promoting trade and economic development.

Importing and exporting corn oil under HS Code 15152100 is not limited to specific US states. Corn oil can be imported from or exported to any state within the United States. This allows for a wide range of trading opportunities and ensures that corn oil can reach consumers and industries throughout the country.

HS Code 15152100 plays a crucial role in the classification and trade of crude corn oil and its fractions. Understanding the associated duties, quantity unit, and special tariff preference programs can help businesses and individuals navigate the international corn oil market effectively. Whether importing or exporting corn oil, being familiar with HS Code 15152100 is essential for successful trade transactions.