About HS Code 120710
This HS code covers palm nuts and kernels, which are crucial raw materials in the global palm oil industry. Unlike palm fruit, which yields crude palm oil, palm kernels are processed to extract palm kernel oil and palm kernel expeller, used in confectionery, cosmetics, detergents, and animal feed. Major producers and exporters are predominantly Southeast Asian countries like Indonesia and Malaysia, which dominate the global palm oil market. Importers include countries with significant food processing, oleochemical, and animal feed industries, such as China, India, and various European nations. The trade is heavily scrutinized due to environmental concerns, particularly deforestation, leading to initiatives like the EUDR (European Union Deforestation Regulation) impacting sourcing and traceability. Buyers are increasingly demanding sustainably sourced products, making certifications like RSPO vital. This commodity is a cornerstone of many supply chains, facing increasing pressure for ethical and sustainable production.
Products Under This Code
Palm kernels, Palm nuts, Crushed palm kernels, Dried palm kernels, Palm kernel shells (as byproduct), Palm kernel meal (as byproduct), Palm kernel oil seeds
Real World Examples
Sime Darby Plantation Palm Kernels, Wilmar International Palm Kernels, Golden Agri-Resources Palm Kernels, IOI Corporation Palm Kernels, Musim Mas Palm Kernels
Common Misclassification
This code is distinct from 151321 (Crude palm kernel or babassu oil) if the oil has been extracted, and from 120799 (Other oil seeds) if not specifically identified as palm kernels.
EU Regulatory Requirements
This product category is subject to the EU Deforestation Regulation (EUDR). Importers must provide due diligence statements proving the product was not produced on deforested land after December 31, 2020.
Products Classified Under 1207.10
Industry
This code belongs to the Agriculture & Live Animals industry.
Trade Overview
Indonesia and Malaysia are the primary exporters, with China, India, and EU countries being major importers.
Frequently Asked Questions
What is HS code 120710?
HS code 120710 covers: Oil seeds; palm nuts and kernels, whether or not broken. This HS code covers palm nuts and kernels, which are crucial raw materials in the global palm oil industry. Unlike palm fruit, which yields crude palm oil, palm kernels are processed to extract palm kernel oil and palm kernel expeller, used in confectionery, cosmetics, detergents, and animal feed. Major producers and exporters are predominantly Southeast Asian countries like Indonesia and Malaysia, which dominate the global palm oil market. Importers include countries with significant food processing, oleochemical, and animal feed industries, such as China, India, and various European nations. The trade is heavily scrutinized due to environmental concerns, particularly deforestation, leading to initiatives like the EUDR (European Union Deforestation Regulation) impacting sourcing and traceability. Buyers are increasingly demanding sustainably sourced products, making certifications like RSPO vital. This commodity is a cornerstone of many supply chains, facing increasing pressure for ethical and sustainable production.
What products fall under HS code 120710?
Palm kernels, Palm nuts, Crushed palm kernels, Dried palm kernels, Palm kernel shells (as byproduct), Palm kernel meal (as byproduct), Palm kernel oil seeds
What are common misclassifications for HS code 120710?
This code is distinct from 151321 (Crude palm kernel or babassu oil) if the oil has been extracted, and from 120799 (Other oil seeds) if not specifically identified as palm kernels.
How is HS code 120710 structured?
HS code 120710 is a 6-digit subheading under the Harmonized System. The first 2 digits (12) identify the chapter, digits 3-4 (07) identify the heading, and digits 5-6 (10) specify the subheading. This code is standardized globally by the World Customs Organization.