Petroleum oils and oils from bituminous minerals, containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals

HS v2017 Code: 271020

About petroleum oils and oils from bituminous minerals, containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals

HS code 271020 covers a diverse range of petroleum-based products that are essential for various industries and applications. These oils and preparations play a crucial role in the global economy, serving as key inputs for transportation, manufacturing, and energy production. As the world's reliance on renewable energy sources continues to grow, the demand for these petroleum-derived products that contain biodiesel has also increased, highlighting their importance in the transition towards a more sustainable future.

Production process

The production of the products covered under HS code 271020 typically involves refining and processing crude oil or other bituminous minerals. This process often includes distillation, cracking, and blending to separate the desired components and create the final products. The inclusion of biodiesel in these preparations is a result of the growing emphasis on incorporating renewable and environmentally-friendly alternatives into traditional petroleum-based products.

Production inputs

The main inputs required for the production of the goods under HS code 271020 include crude oil, bituminous minerals, and various additives and chemicals used in the refining and blending processes. Additionally, specialized machinery and equipment, such as distillation towers, catalytic crackers, and blending facilities, are essential for the efficient and high-quality production of these petroleum-based products.

Production outputs

The primary outputs of HS code 271020 are a diverse range of petroleum oils and preparations that contain biodiesel. These products are widely used as fuels, lubricants, and feedstocks for various industries, including 271019 Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals, other than those containing biodiesel and other than waste oils, 271011 Light oils and preparations, and 271012 Medium oils and preparations.

Revisions to 271020

Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 271020. The most recent 1 version of this code (271020) is in the HS v2022 system:

This page shows a legacy version of code 271020 ( HS v2017).

Family tree for petroleum oils and oils from bituminous minerals, containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals

    graph LR
    A["<a href='/classifications/hs/v2017/27'>27: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes</a>"]
A --> B["<a href='/classifications/hs/v2017/2710'>2710: Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils</a>"]
B --> C["<a href='/classifications/hs/v2017/271020'>271020: Petroleum oils and oils from bituminous minerals, containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals</a>"]

    B --> D["<a href='/classifications/hs/v2017/271012'>271012: Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; light oils and preparations</a>"]
B --> E["<a href='/classifications/hs/v2017/271019'>271019: Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations</a>"]
B --> F["<a href='/classifications/hs/v2017/271091'>271091: Waste Oils; of petroleum or obtained from bituminous minerals, not crude; and preparations n.e.c., weight 70% or preparations of the same, containing polychlorinated biphenyls (PCBs), polychorinated terphenyls (PCTs) or polybrominated biphenyls (PBBs)</a>"]
B --> G["<a href='/classifications/hs/v2017/271099'>271099: Waste Oils; of petroleum or obtained from bituminous minerals, not crude and preparations n.e.c., weight 70% or preparations of the same, not containing polychlorinated biphenyls (PCBs), polychorinated terphenyls (PCTs) or polybrominated biphenyls (PBBs)</a>"]

    

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class C level6
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class E level6
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class G level6

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