About HS Code 271390
This HS code is a catch-all for various residues derived from petroleum oils or oils obtained from bituminous minerals, not specifically covered by other subheadings within 2713. These residues are diverse in composition and properties, representing the heavier, less volatile fractions left after refining processes. They are traded internationally for a range of industrial uses, often as low-cost fuel, feedstock for further processing, or as components in specialized products. Importers include industries seeking economical energy sources, raw materials for carbon black production, or blending components for heavy fuel oils. Exporters are typically major oil-refining countries. Key considerations in their trade include their viscosity, sulfur content, and calorific value, which dictate their suitability for specific industrial applications and compliance with environmental regulations. The market is highly dependent on crude oil processing volumes and industrial demand for heavy hydrocarbons.
Products Under This Code
Heavy fuel oil residues, Vacuum residue, Slop oil, Refinery bottoms, Carbon black feedstock, Bunker fuel components, Asphalt flux, Bituminous binders (unspecified)
Real World Examples
ExxonMobil Heavy Fuel Oil, Shell Residue Fuel, Valero Refinery Residues, Sinopec Heavy Oil
Common Misclassification
This code can be easily confused with other specific petroleum residues like 271320 (petroleum bitumen) or even certain heavy fuel oils (2710) if their exact composition and intended use are not clearly defined. Its "residues, n.e.s." nature makes precise classification challenging without detailed analysis.
Products Classified Under 2713.90
Industry
This code belongs to the Minerals & Fuels industry.
Trade Overview
Singapore, the Netherlands, and China are significant importers, while Russia, Saudi Arabia, and the USA are major exporters.
Frequently Asked Questions
What is HS code 271390?
HS code 271390 covers: Residues; of petroleum oils or of oils obtained from bituminous minerals. This HS code is a catch-all for various residues derived from petroleum oils or oils obtained from bituminous minerals, not specifically covered by other subheadings within 2713. These residues are diverse in composition and properties, representing the heavier, less volatile fractions left after refining processes. They are traded internationally for a range of industrial uses, often as low-cost fuel, feedstock for further processing, or as components in specialized products. Importers include industries seeking economical energy sources, raw materials for carbon black production, or blending components for heavy fuel oils. Exporters are typically major oil-refining countries. Key considerations in their trade include their viscosity, sulfur content, and calorific value, which dictate their suitability for specific industrial applications and compliance with environmental regulations. The market is highly dependent on crude oil processing volumes and industrial demand for heavy hydrocarbons.
What products fall under HS code 271390?
Heavy fuel oil residues, Vacuum residue, Slop oil, Refinery bottoms, Carbon black feedstock, Bunker fuel components, Asphalt flux, Bituminous binders (unspecified)
What are common misclassifications for HS code 271390?
This code can be easily confused with other specific petroleum residues like 271320 (petroleum bitumen) or even certain heavy fuel oils (2710) if their exact composition and intended use are not clearly defined. Its "residues, n.e.s." nature makes precise classification challenging without detailed analysis.
How is HS code 271390 structured?
HS code 271390 is a 6-digit subheading under the Harmonized System. The first 2 digits (27) identify the chapter, digits 3-4 (13) identify the heading, and digits 5-6 (90) specify the subheading. This code is standardized globally by the World Customs Organization.