About HS Code 230400
This code covers the solid material remaining after extracting oil from soybeans, commonly known as soybean meal. It is one of the most critical protein sources in animal feed globally, indispensable for poultry, swine, and aquaculture industries. The trade in soybean meal is immense, driven by the escalating global demand for meat and dairy products. Major players include large agricultural commodity traders and feed producers. The EUDR (EU Deforestation Regulation) flag indicates increasing scrutiny on the sustainability and origin of these products, requiring due diligence from importers regarding deforestation and human rights risks in the supply chain. This impacts sourcing strategies significantly.
Products Under This Code
Soybean meal, Soybean pellets, Soya cake, Defatted soy flour, Toasted soybean meal, Soy protein concentrate (basic form), Soybean oil extraction residue, Solvent extracted soybean meal
Real World Examples
Cargill Soybean Meal, ADM Soybean Meal, Bunge Soybean Meal, Louis Dreyfus Soybean Meal, COFCO Soybean Meal
Common Misclassification
Could be confused with 1201 (soybeans, whether or not broken) if not clearly a residue, or 2309 (preparations of a kind used in animal feeding) if further processed into a compound feed.
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 2304.00
Industry
This code belongs to the Food & Beverages industry.
Trade Overview
Brazil, Argentina, and the USA are leading exporters, while China, the EU, and Southeast Asian nations are major importers for their livestock industries.
Frequently Asked Questions
What is HS code 230400?
HS code 230400 covers: Oil-cake and other solid residues; whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil. This code covers the solid material remaining after extracting oil from soybeans, commonly known as soybean meal. It is one of the most critical protein sources in animal feed globally, indispensable for poultry, swine, and aquaculture industries. The trade in soybean meal is immense, driven by the escalating global demand for meat and dairy products. Major players include large agricultural commodity traders and feed producers. The EUDR (EU Deforestation Regulation) flag indicates increasing scrutiny on the sustainability and origin of these products, requiring due diligence from importers regarding deforestation and human rights risks in the supply chain. This impacts sourcing strategies significantly.
What products fall under HS code 230400?
Soybean meal, Soybean pellets, Soya cake, Defatted soy flour, Toasted soybean meal, Soy protein concentrate (basic form), Soybean oil extraction residue, Solvent extracted soybean meal
What are common misclassifications for HS code 230400?
Could be confused with 1201 (soybeans, whether or not broken) if not clearly a residue, or 2309 (preparations of a kind used in animal feeding) if further processed into a compound feed.
How is HS code 230400 structured?
HS code 230400 is a 6-digit subheading under the Harmonized System. The first 2 digits (23) identify the chapter, digits 3-4 (04) identify the heading, and digits 5-6 (00) specify the subheading. This code is standardized globally by the World Customs Organization.