HS 2710.12 Light oils and preparations
Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils: preparations not elsewhere classified, containing by weight 70% or more of petroleum oils or oils from bituminous minerals, light oils and preparations
Part of heading 2710 (Petroleum oils and oils from bituminous minerals…), in chapter 27 (Mineral fuels and oils)
World trade trend
Reported world exports and imports of HS 2710.12 per year, 2019 to 2024.
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| Year | Exports | Imports |
|---|---|---|
| 2019 | $284B | $234B |
| 2020 | $190B | $154B |
| 2021 | $339B | $273B |
| 2022 | $436B | $371B |
| 2023 | $395B | $320B |
| 2024 | $271B | $293B |
2025 is left out because not every country has published detailed data for that year yet.
Monthly trend
Monthly trade in HS 2710.12 between the 28 major reporting economies and the rest of the world, Jan 2022 to Dec 2024. Good for direction and seasonality, not a full world total.
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| Month | Exports | Imports |
|---|---|---|
| Jan 2022 | $4.62B | $5.1B |
| Feb 2022 | $4.98B | $5.59B |
| Mar 2022 | $6.99B | $6.78B |
| Apr 2022 | $5.71B | $8.07B |
| May 2022 | $6.35B | $8.93B |
| Jun 2022 | $6.47B | $9.72B |
| Jul 2022 | $7.24B | $8.66B |
| Aug 2022 | $5.31B | $9.02B |
| Sep 2022 | $5.17B | $7.85B |
| Oct 2022 | $5.88B | $7.06B |
| Nov 2022 | $5.53B | $7.01B |
| Dec 2022 | $5.14B | $7.4B |
| Jan 2023 | $5.28B | $7.46B |
| Feb 2023 | $4.15B | $5.74B |
| Mar 2023 | $4.69B | $7.62B |
| Apr 2023 | $4.05B | $7.55B |
| May 2023 | $3.73B | $6.76B |
| Jun 2023 | $4.1B | $6.74B |
| Jul 2023 | $4.14B | $5.89B |
| Aug 2023 | $4.56B | $7.94B |
| Sep 2023 | $4.53B | $7.88B |
| Oct 2023 | $4.61B | $7.75B |
| Nov 2023 | $5.14B | $6.58B |
| Dec 2023 | $4.5B | $6.72B |
| Jan 2024 | $5.07B | $6.85B |
| Feb 2024 | $4.45B | $5.98B |
| Mar 2024 | $4.69B | $7.02B |
| Apr 2024 | $5.62B | $7.19B |
| May 2024 | $4.81B | $7.13B |
| Jun 2024 | $3.61B | $7.23B |
| Jul 2024 | $4.63B | $7.29B |
| Aug 2024 | $3.96B | $7B |
| Sep 2024 | $3.97B | $6.56B |
| Oct 2024 | $3.95B | $6.01B |
| Nov 2024 | $4.47B | $5.6B |
| Dec 2024 | $4.14B | $6.14B |
Top exporting and importing countries
Who sold and bought the most HS 2710.12 in 2024, by reported value and share of the world total.
Top 10 exporters
- 1$46.9B17.3% of world
- 2$25B9.2% of world
- 3$20.2B7.5% of world
- 4United Arab Emiratespartner reported$17B6.3% of world
- 5$14.8B5.4% of world
- 6$12.1B4.5% of world
- 7Indiapartner reported$11.7B4.3% of world
- 8$8.91B3.3% of world
- 9$7.73B2.8% of world
- 10Kuwaitpartner reported$7.72B2.8% of world
Top 10 importers
- 1$26.4B9.0% of world
- 2$20.4B6.9% of world
- 3$19.8B6.8% of world
- 4$17.6B6.0% of world
- 5$14.2B4.8% of world
- 6$13.8B4.7% of world
- 7$13.8B4.7% of world
- 8$13.5B4.6% of world
- 9$12.2B4.1% of world
- 10$12.1B4.1% of world
India focus
What India traded in HS 2710.12 in 2024, as reported by its trading partners, and where it sold to and bought from.
India does not publish detailed six digit trade figures. These are mirror figures, built from what the 28 major economies reported about their trade with India, so treat them as a lower bound.
India exports to
- 1$2.84B24.2% of exports
- 2$2.33B19.8% of exports
- 3$1.83B15.6% of exports
- 4$1.44B12.3% of exports
- 5$708M6.0% of exports
- 6$682M5.8% of exports
- 7$503M4.3% of exports
- 8$317M2.7% of exports
India imports from
- 1$118M38.3% of imports
- 2$73.7M23.9% of imports
- 3$61.1M19.9% of imports
- 4$23.5M7.6% of imports
- 5$10.8M3.5% of imports
- 6$9.07M2.9% of imports
- 7$4.04M1.3% of imports
- 8$3.17M1.0% of imports
Partner lists cover the 28 major reporting economies only.
Chemicals classified under HS 2710.12
Chemicals on CompoundList whose HS code falls under this code.
HS codes are added to chemical records as our database grows. Search by name or CAS number to find a chemical and the HS code it is traded under.
Suppliers of HS 2710.12 chemicals
Companies listing chemicals that fall under this HS code. Verified and paid members are listed first, unclaimed profiles are marked.
Tell suppliers what you need and they will send you quotes, or list your own products if you sell these chemicals.
Questions about HS 2710.12
Quick answers based on the classification and the trade figures above.
What is HS code 271012?
HS code 271012 (also written 2710.12) is a subheading of the Harmonized System that covers petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils: preparations not elsewhere classified, containing by weight 70% or more of petroleum oils or oils from bituminous minerals, light oils and preparations. It sits under heading 2710 (petroleum oils and oils from bituminous minerals, not crude, preparations n.e.c…) in chapter 27 (mineral fuels and oils).
How much is traded worldwide under HS code 271012?
In 2024, countries reported exports worth $271B and imports worth $293B under HS code 271012. Reported exports changed by −31.3% compared with 2023. These are trade statistics in US dollars, not prices.
Which countries export the most under HS code 271012?
The largest exporters in 2024 were United States (17.3% of world exports), Singapore (9.2% of world exports) and Netherlands (7.5% of world exports).
Which countries import the most under HS code 271012?
The largest importers in 2024 were United States (9.0% of world imports), Singapore (6.9% of world imports) and South Korea (6.8% of world imports).
Does India export or import goods under HS code 271012?
Yes. Based on what the major economies reported about their trade with India, India exported at least $11.7B and imported at least $308M under HS code 271012 in 2024. Among the major reporting economies, its largest export market was United States and its largest supplier was Singapore.
Is the HS code the same in every country?
The first six digits are shared by every country that uses the Harmonized System. Countries add their own digits after that, for example India uses eight digit ITC-HS codes and the United States uses ten digit HTS codes, so check the national tariff for the full code and the duty rate.