HS Code of Oxidized bitumen

Home » HS Code of Oxidized bitumen

HS code of oxidized bitumenOxidized Bitumen HS Code and Import Tariff: Everything You Need to Know

When dealing with oxidized bitumen exports, understanding its HS code and import tariff plays a critical role in ensuring smooth international trade operations. Since different countries impose varying tariff rates on oxidized bitumen shipments, businesses must remain fully informed. Otherwise, misclassification or incorrect duty calculations could lead to unexpected costs, delays, or compliance issues. Therefore, keeping up with the latest regulations is essential for maintaining seamless trade processes.

HS Code for Oxidized Bitumen: Key Classification Details

To begin with, the international customs tariff code for oxidized bitumen is 27132000. This HS code, officially recognized by customs authorities worldwide, applies to all grades of oxidized or blown asphalt. Whether referring to medium-grade, hard-grade, or soft-grade bitumen, all fall under the same classification system.

Moreover, since HS code 27132000 remains consistent across global markets, businesses that regularly trade oxidized bitumen can streamline their customs clearance processes. Additionally, using the correct classification prevents unnecessary regulatory challenges, which could otherwise slow down shipments.

Grades of Oxidized Bitumen and Their HS Code

Because oxidized bitumen comes in various grades, each with different properties and applications, businesses must classify their shipments correctly. Fortunately, all these grades fall under HS code 27132000, which simplifies customs procedures and eliminates the risk of misclassification.

Soft and Medium Grades

  • Oxidized Bitumen 75/25
  • Oxidized Bitumen 85/25
  • Oxidized Bitumen 95/25
  • Oxidized Bitumen 90/40
  • Oxidized Bitumen 90/10
  • Oxidized Bitumen 90/15

Hard and Industrial Grades

  • Blown Bitumen 115/15
  • Oxidized Bitumen 110/15
  • Oxidized Bitumen 105/5
  • Oxidized Bitumen 105/15
  • Oxidized Bitumen 105/35
  • Oxidized Bitumen 150

Since all these grades remain classified under the same HS code (27132000), businesses do not need to use separate tariff codes when handling different oxidized bitumen variations. However, verifying the correct classification before finalizing international trade documents remains essential. Otherwise, errors could lead to customs disputes and unexpected financial penalties.

Import Tariff of Blown Asphalt in Global Markets

Since import duties vary by country, businesses must carefully check the tariff rates applicable to oxidized bitumen imports in their target markets. Several factors influence the import duty percentages, including:

  • Trade Agreements Between Countries: Certain countries impose reduced import tariffs on products like oxidized bitumen when preferential trade agreements exist. Because of this, exporters should check whether special duty exemptions apply.
  • Customs Regulations and Tax Policies: Some nations apply standard tariff rates, while others impose additional environmental duties or industry-specific levies. These extra charges could impact the total import cost significantly.
  • Local Market Demand and Supply Conditions: High demand for oxidized bitumen in certain regions may lead to higher import tariffs to protect domestic production. Conversely, in markets with low local supply, governments may lower tariffs to encourage imports and meet growing infrastructure needs.

Examples of Import Tariffs on Oxidized Bitumen in Key Markets

Because import tariffs differ between countries, businesses must stay updated on the latest trade regulations. While specific rates vary, average import tariffs for oxidized bitumen (HS code 27132000) typically fall within these ranges:

  • European Union (EU): Typically between 2% and 5%, depending on the country. Some nations apply additional environmental duties on petroleum-based products.
  • United States: Generally between 1.5% and 4%, depending on trade relations and tariff classifications.
  • Middle East & Gulf Region: Often low or duty-free, especially in countries where infrastructure development projects require high bitumen imports.
  • South Asia & Southeast Asia: Typically ranges from 5% to 10%, with some variations based on trade agreements and local industry demands.
  • Africa & Latin America: Import duties fluctuate between 5% and 15%, depending on customs policies and local asphalt production levels.

Since these tariff rates are subject to change due to trade policies, regulatory updates, or geopolitical factors, businesses must always verify the latest duty rates before exporting oxidized bitumen to specific countries. Otherwise, unexpected tariff adjustments could increase costs and disrupt business operations.

Why Basekim is the Best Partner for Oxidized Bitumen Export

Since navigating import duties, HS code classifications, and global trade regulations can become complex, choosing the right bitumen supplier remains crucial. At Basekim, we specialize in supplying high-quality oxidized bitumen while ensuring seamless customs clearance and compliance with international trade policies.

What Makes Basekim Stand Out?

  • Expert HS Code Assistance: We provide accurate guidance on HS code classifications, preventing unnecessary customs challenges.
  • Updated Import Tariff Information: We help our clients understand the latest tariff regulations in their target markets.
  • Reliable Supply Chain Solutions: We ensure on-time deliveries, helping customers avoid project delays caused by import issues.
  • Global Trade Compliance: We follow international trade laws to guarantee smooth, hassle-free transactions.

Because of our strong industry expertise, businesses partnering with Basekim gain a competitive advantage in the oxidized bitumen market. Since international regulations change frequently, working with a reliable supplier significantly reduces risks associated with misclassification, incorrect tariff calculations, or compliance issues.

Final Thoughts

Since international trade regulations remain dynamic and ever-changing, businesses dealing with oxidized bitumen exports must stay informed about HS code classifications, import tariffs, and customs requirements. Using HS code 27132000 ensures that all grades of oxidized bitumen fall under the correct classification. However, tariff rates vary across different markets, making it essential for exporters to verify specific duty charges before shipping.

By working with Basekim, businesses gain access to expert HS code support, reliable tariff insights, and seamless supply chain solutions. This guarantees efficient trade operations, prevents unnecessary complications, and ensures long-term business success in the oxidized bitumen market.

Open chat
Hello
Can we help you?