About HS Code 151110
This HS code specifically identifies crude palm oil (CPO) and its fractions that have not been chemically modified. Crude palm oil is a globally significant commodity, primarily used in the food industry for cooking, baking, and as an ingredient in numerous processed foods, as well as in the production of biofuels and oleochemicals. Its high yield and versatility make it a staple in international trade. Major importers include India, China, and the European Union, driven by their large populations and industrial demands. The primary exporters are Indonesia and Malaysia, which together account for over 80% of global palm oil production. Key considerations for trading CPO include sustainability certifications (like RSPO), environmental concerns related to deforestation, and compliance with regulations such as the EU Deforestation Regulation (EUDR), which impacts market access. Price volatility, influenced by weather patterns, crude oil prices, and global demand, is also a significant factor for traders.
Products Under This Code
Crude palm oil, Crude palm olein, Crude palm stearin, Crude red palm oil, Unrefined palm oil
Real World Examples
Wilmar International Crude Palm Oil, Sime Darby Plantation Crude Palm Oil, IOI Corporation Crude Palm Oil, Golden Agri-Resources Crude Palm Oil
Common Misclassification
This code can be confused with 151190 (other palm oil and its fractions, refined) because 151110 specifically denotes crude, unrefined palm oil, whereas 151190 covers refined, bleached, and deodorized (RBD) palm oil products.
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 1511.10
Industry
This code belongs to the Food & Beverages industry.
Trade Overview
Indonesia and Malaysia are the dominant exporters, while India, China, and the EU are major importers.
Frequently Asked Questions
What is HS code 151110?
HS code 151110 covers: Vegetable oils; palm oil and its fractions, crude, not chemically modified. This HS code specifically identifies crude palm oil (CPO) and its fractions that have not been chemically modified. Crude palm oil is a globally significant commodity, primarily used in the food industry for cooking, baking, and as an ingredient in numerous processed foods, as well as in the production of biofuels and oleochemicals. Its high yield and versatility make it a staple in international trade. Major importers include India, China, and the European Union, driven by their large populations and industrial demands. The primary exporters are Indonesia and Malaysia, which together account for over 80% of global palm oil production. Key considerations for trading CPO include sustainability certifications (like RSPO), environmental concerns related to deforestation, and compliance with regulations such as the EU Deforestation Regulation (EUDR), which impacts market access. Price volatility, influenced by weather patterns, crude oil prices, and global demand, is also a significant factor for traders.
What products fall under HS code 151110?
Crude palm oil, Crude palm olein, Crude palm stearin, Crude red palm oil, Unrefined palm oil
What are common misclassifications for HS code 151110?
This code can be confused with 151190 (other palm oil and its fractions, refined) because 151110 specifically denotes crude, unrefined palm oil, whereas 151190 covers refined, bleached, and deodorized (RBD) palm oil products.
How is HS code 151110 structured?
HS code 151110 is a 6-digit subheading under the Harmonized System. The first 2 digits (15) identify the chapter, digits 3-4 (11) identify the heading, and digits 5-6 (10) specify the subheading. This code is standardized globally by the World Customs Organization.