Vegetable oils; olive oil and its fractions, virgin olive oil, whether or not refined, but not chemically modified

HS v2022 Code: 150930

About vegetable oils; olive oil and its fractions, virgin olive oil, whether or not refined, but not chemically modified

HS code 150930 covers the import and export of virgin olive oil, a highly valued and versatile vegetable oil. Olive oil is a crucial ingredient in Mediterranean cuisine and has seen growing global demand due to its perceived health benefits and culinary applications. As a major agricultural product, the olive oil industry plays a significant role in the economies of olive-producing regions, contributing to employment, exports, and overall economic development.

Production process

The production of virgin olive oil involves the mechanical extraction of oil from fresh olives, without the use of chemical treatments or refinement processes. This process typically includes harvesting, washing, and crushing the olives to extract the oil, followed by centrifugation or pressing to separate the oil from the solid matter. The resulting virgin olive oil retains the natural flavors and aromas of the olives, making it a highly sought-after product.

Production inputs

The primary inputs for the virgin olive oil industry include olive trees, which are cultivated in regions with suitable climates, as well as the labor and machinery required for harvesting, processing, and packaging the oil. Olive growers and producers also rely on access to water resources, transportation infrastructure, and packaging materials to bring their products to market.

Production outputs

Virgin olive oil produced under HS code 150930 is primarily consumed as a cooking oil, salad dressing, and ingredient in various food products. It may also be used in the production of 330300 Beauty and Cosmetic Products and 340700 Candles and Related Articles. The high-quality virgin olive oil covered by this code is often exported to global markets, where it is valued for its distinctive flavor, nutritional profile, and culinary applications.

Revisions to 150930

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 150930. The most recent 1 version of this code (150930) is in the HS v2022 system (this version):

This page shows the most recent version of code 150930.

Family tree for vegetable oils; olive oil and its fractions, virgin olive oil, whether or not refined, but not chemically modified

    graph LR
    A["<a href='/classifications/hs/v2022/15'>15: Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes</a>"]
A --> B["<a href='/classifications/hs/v2022/1509'>1509: Olive oil and its fractions; whether or not refined, but not chemically modified</a>"]
B --> C["<a href='/classifications/hs/v2022/150930'>150930: Vegetable oils; olive oil and its fractions, virgin olive oil, whether or not refined, but not chemically modified</a>"]

    B --> D["<a href='/classifications/hs/v2022/150920'>150920: Vegetable oils; olive oil and its fractions, extra virgin olive oil, whether or not refined, but not chemically modified</a>"]
B --> E["<a href='/classifications/hs/v2022/150940'>150940: Vegetable oils; olive oil and its fractions, virgin olive oils n.e.c. in heading 1509, whether or not refined, but not chemically modified</a>"]
B --> F["<a href='/classifications/hs/v2022/150990'>150990: Vegetable oils; olive oil and its fractions, other than virgin, whether or not refined, but not chemically modified</a>"]

    

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    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



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class C level6
class D level6
class E level6
class F level6

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