About HS Code 271112
This category covers liquefied propane, a versatile and widely traded petroleum gas. Propane is a key component of Liquefied Petroleum Gas (LPG) and is utilized globally for diverse applications including heating, cooking, automotive fuel, and as a petrochemical feedstock. International trade involves its movement from major oil and gas producing regions to consumer markets. Exporters are typically countries with significant natural gas processing or crude oil refining capacity, while importers are nations relying on propane for domestic energy needs or industrial applications. The trade is influenced by seasonal demand (e.g., higher demand for heating in winter), crude oil prices, and the availability of robust infrastructure for storage and distribution, making it a dynamic global commodity.
Products Under This Code
Liquefied propane, commercial propane, HD-5 propane, industrial grade propane, propane-butane mixtures (where propane is dominant), autogas.
Real World Examples
AmeriGas, Ferrellgas, Suburban Propane, BP, Shell, Saudi Aramco, ExxonMobil.
Common Misclassification
This code is often confused with 271113 (liquefied butanes) or 271119 (other liquefied petroleum gases) as they are all components of LPG; the specific chemical composition (propane) is the distinguishing factor. It's also distinct from natural gas (271111).
Products Classified Under 2711.12
Industry
This code belongs to the Minerals & Fuels industry.
Trade Overview
The USA, Saudi Arabia, and Qatar are major exporters, while China, India, and Japan are significant importers, primarily for residential and industrial use.
Frequently Asked Questions
What is HS code 271112?
HS code 271112 covers: Petroleum gases and other gaseous hydrocarbons; liquefied, propane. This category covers liquefied propane, a versatile and widely traded petroleum gas. Propane is a key component of Liquefied Petroleum Gas (LPG) and is utilized globally for diverse applications including heating, cooking, automotive fuel, and as a petrochemical feedstock. International trade involves its movement from major oil and gas producing regions to consumer markets. Exporters are typically countries with significant natural gas processing or crude oil refining capacity, while importers are nations relying on propane for domestic energy needs or industrial applications. The trade is influenced by seasonal demand (e.g., higher demand for heating in winter), crude oil prices, and the availability of robust infrastructure for storage and distribution, making it a dynamic global commodity.
What products fall under HS code 271112?
Liquefied propane, commercial propane, HD-5 propane, industrial grade propane, propane-butane mixtures (where propane is dominant), autogas.
What are common misclassifications for HS code 271112?
This code is often confused with 271113 (liquefied butanes) or 271119 (other liquefied petroleum gases) as they are all components of LPG; the specific chemical composition (propane) is the distinguishing factor. It's also distinct from natural gas (271111).
How is HS code 271112 structured?
HS code 271112 is a 6-digit subheading under the Harmonized System. The first 2 digits (27) identify the chapter, digits 3-4 (11) identify the heading, and digits 5-6 (12) specify the subheading. This code is standardized globally by the World Customs Organization.