About HS Code 270740
This HS code covers naphthalene and other oils and products derived from the distillation of high-temperature coal tar. Naphthalene, a white crystalline hydrocarbon, is a primary component traded under this code. These products are crucial intermediates in the chemical industry, serving as feedstocks for producing phthalic anhydride, which is then used in plastics, dyes, and resins. They also find applications in pesticides, moth repellents, and specialty solvents. Major importers and exporters are typically countries with robust petrochemical and chemical manufacturing sectors, seeking these raw materials for further processing. The trade involves bulk shipments, often requiring specialized handling due to the nature of the chemicals. Understanding the purity and specific distillation fractions is key for buyers and sellers in this market.
Products Under This Code
Naphthalene, refined naphthalene, crude naphthalene, phthalic anhydride feedstock, mothball raw material, coal tar light oil fraction
Real World Examples
Koppers Naphthalene, Rütgers Naphthalene, Rain Carbon Naphthalene
Common Misclassification
This code can be confused with other coal tar distillates (2707.99) if the specific chemical composition, particularly the naphthalene content, is not clearly identified. Pure chemical compounds like naphthalene (2902.90) are classified differently.
Products Classified Under 2707.40
Industry
This code belongs to the Minerals & Fuels industry.
Trade Overview
China, India, and the United States are significant players in both the production and consumption of these coal tar derivatives due to their large chemical industries.
Frequently Asked Questions
What is HS code 270740?
HS code 270740 covers: Oils and products of the distillation of high temperature coal tar; naphthalene. This HS code covers naphthalene and other oils and products derived from the distillation of high-temperature coal tar. Naphthalene, a white crystalline hydrocarbon, is a primary component traded under this code. These products are crucial intermediates in the chemical industry, serving as feedstocks for producing phthalic anhydride, which is then used in plastics, dyes, and resins. They also find applications in pesticides, moth repellents, and specialty solvents. Major importers and exporters are typically countries with robust petrochemical and chemical manufacturing sectors, seeking these raw materials for further processing. The trade involves bulk shipments, often requiring specialized handling due to the nature of the chemicals. Understanding the purity and specific distillation fractions is key for buyers and sellers in this market.
What products fall under HS code 270740?
Naphthalene, refined naphthalene, crude naphthalene, phthalic anhydride feedstock, mothball raw material, coal tar light oil fraction
What are common misclassifications for HS code 270740?
This code can be confused with other coal tar distillates (2707.99) if the specific chemical composition, particularly the naphthalene content, is not clearly identified. Pure chemical compounds like naphthalene (2902.90) are classified differently.
How is HS code 270740 structured?
HS code 270740 is a 6-digit subheading under the Harmonized System. The first 2 digits (27) identify the chapter, digits 3-4 (07) identify the heading, and digits 5-6 (40) specify the subheading. This code is standardized globally by the World Customs Organization.