About HS Code 151329
This code encompasses refined or processed palm kernel oil and babassu oil, which are crucial commodities in global trade, particularly for the food, cosmetic, and oleochemical industries. Unlike crude oils, these fractions have undergone processes like refining, bleaching, and deodorizing, making them suitable for direct use in various applications. Major importers include countries with large food processing sectors, such as those in Europe, North America, and parts of Asia, where these oils are used in confectionery, baked goods, and margarines. Exporters are primarily countries rich in palm and babassu cultivation, like Malaysia, Indonesia, and Brazil. Key considerations for trade include sustainability certifications (like RSPO for palm oil, especially with EUDR regulations), quality specifications, and compliance with food safety standards. The versatility of these oils, from their use as cooking fats to ingredients in soaps and detergents, drives consistent international demand.
Products Under This Code
Refined palm kernel oil, Fractionated palm kernel oil, Hydrogenated palm kernel oil, RBD palm kernel oil, Refined babassu oil, Fractionated babassu oil, Babassu butter
Real World Examples
Unilever (for food products), Procter & Gamble (for personal care), Ferrero (for confectionery), Cargill (ingredient supplier), Wilmar International (producer/trader)
Common Misclassification
This code is often confused with 151319 (other crude palm oil fractions) or 151190 (other crude palm oil) if the refining status is not clearly defined. It's also distinct from 151321 which covers crude palm kernel or babassu oil.
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 1513.29
Industry
This code belongs to the Food & Beverages industry.
Trade Overview
Top importers include the EU, USA, and China, while major exporters are Malaysia, Indonesia, and Brazil.
Frequently Asked Questions
What is HS code 151329?
HS code 151329 covers: Vegetable oils; palm kernel or babassu oil and their fractions, other than crude, whether or not refined, but not chemically modified. This code encompasses refined or processed palm kernel oil and babassu oil, which are crucial commodities in global trade, particularly for the food, cosmetic, and oleochemical industries. Unlike crude oils, these fractions have undergone processes like refining, bleaching, and deodorizing, making them suitable for direct use in various applications. Major importers include countries with large food processing sectors, such as those in Europe, North America, and parts of Asia, where these oils are used in confectionery, baked goods, and margarines. Exporters are primarily countries rich in palm and babassu cultivation, like Malaysia, Indonesia, and Brazil. Key considerations for trade include sustainability certifications (like RSPO for palm oil, especially with EUDR regulations), quality specifications, and compliance with food safety standards. The versatility of these oils, from their use as cooking fats to ingredients in soaps and detergents, drives consistent international demand.
What products fall under HS code 151329?
Refined palm kernel oil, Fractionated palm kernel oil, Hydrogenated palm kernel oil, RBD palm kernel oil, Refined babassu oil, Fractionated babassu oil, Babassu butter
What are common misclassifications for HS code 151329?
This code is often confused with 151319 (other crude palm oil fractions) or 151190 (other crude palm oil) if the refining status is not clearly defined. It's also distinct from 151321 which covers crude palm kernel or babassu oil.
How is HS code 151329 structured?
HS code 151329 is a 6-digit subheading under the Harmonized System. The first 2 digits (15) identify the chapter, digits 3-4 (13) identify the heading, and digits 5-6 (29) specify the subheading. This code is standardized globally by the World Customs Organization.