HS 2937.12 Insulin and its salts

HS code 293712 (also written 2937.12) is a subheading of the Harmonized System that covers polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: insulin and its salts. It sits under heading 2937 (hormones, prostaglandins, thromboxanes and leukotrienes, natural or reproduced by synthesis, derivatives…) in chapter 29 (organic chemicals).

In 2024, countries reported exports worth $390M and imports worth $322M under HS code 293712. Reported exports changed by −58.1% compared with 2023. These are trade statistics in US dollars, not prices.

The largest exporters in 2024 were Denmark (41.4% of world exports), United States (16.8% of world exports) and Portugal (13.3% of world exports).

The largest importers in 2024 were United States (29.8% of world imports), Italy (11.0% of world imports) and Brazil (10.6% of world imports).

Yes. Based on what the major economies reported about their trade with India, India exported at least $10.8M and imported at least $23.9M under HS code 293712 in 2024. Among the major reporting economies, its largest export market was United States and its largest supplier was Singapore.

CompoundList lists 7 chemicals under this code, including Insulin, Insulin glargine and Insulin lispro. Codes marked indicative are assigned from the chemical's structure class or chapter, so confirm the final classification with your customs broker.

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.