hs code for bitumen 60/70 petroleum hsn
Introduction
Bitumen 60/70 is one of the most commonly used grades of bitumen, particularly in road construction and waterproofing applications. As international trade regulations require the proper classification of goods, HS codes (Harmonized System codes) and HSN codes (Harmonized System of Nomenclature) play a crucial role in identifying and categorizing bitumen 60/70 for customs and taxation purposes.
The HS code for bitumen 60/70 is 27132000, classified under Chapter 27, which includes mineral fuels, mineral oils, and products of their distillation. This classification helps streamline global trade, ensure tax compliance, and regulate import-export procedures. This article provides an in-depth analysis of HS codes, bitumen specifications, and global trade insights.
HS Code for Bitumen 60/70
HS codes, also known as Harmonized System codes, are internationally standardized numerical identifiers assigned to products for trade classification. Bitumen 60/70 falls under HS Code 27132000, specifically categorized under petroleum bitumen.
Understanding the HS Code Structure:
- Chapter: 27 (Mineral fuels, mineral oils, and products of their distillation)
- Heading: 2713 (Petroleum bitumen, bituminous mixtures, and preparations based on bituminous binders)
- Subheading: 271320 (Bitumen 60/70 and other specific bituminous binders)
- Final Code: 27132000 (General classification for bitumen 60/70)
Bitumen 60/70 is categorized based on penetration grade, which refers to its viscosity and hardness, making it ideal for highway and infrastructure projects.
Petroleum Bitumen
Petroleum bitumen, commonly referred to as asphalt, is a dark, highly viscous byproduct of crude oil refining. It is widely used in construction, waterproofing, and road surfacing due to its excellent adhesive and weather-resistant properties.
How is Petroleum Bitumen Produced?
Petroleum bitumen is obtained through the distillation of crude oil. The process involves:
1. Fractional Distillation – Separating heavy hydrocarbons from lighter fractions.
2. Oxidation or Blowing – Increasing its viscosity for construction applications.
3. Blending and Grading – Producing different grades, such as bitumen 60/70, 80/100, and 40/50.
Key Applications of Petroleum Bitumen
- Road Construction – Used as a binder in asphalt mixtures for highways and pavements.
- Roofing Industry – Essential for making waterproof bitumen shingles and membranes.
- Industrial Uses – Used in paints, adhesives, sealants, and protective coatings.
- Waterproofing – Prevents moisture penetration in buildings and structures.
Despite its numerous advantages, petroleum bitumen has environmental concerns, prompting research into eco-friendly alternatives like bio-bitumen.
Bitumen HSN Code
The HSN (Harmonized System of Nomenclature) code is another classification system used globally for trade and taxation. The HSN code for petroleum bitumen is:
- HSN Code: 2713.20.00
- Category: Petroleum bitumen, bituminous mixtures, and preparations based on bituminous binders
Why is the HSN Code Important?
- Ensures uniformity in international trade
- Helps customs officials determine import duties and taxes
- Facilitates easy identification of bitumen products
- Aids in streamlining export documentation and compliance
Global Trade and Market Insights for Bitumen 60/70
Bitumen 60/70 is a high-demand product in infrastructure projects worldwide. Top exporters and importers of petroleum bitumen include:
Top Exporters:
1. Iran – One of the largest producers of bitumen 60/70.
2. United Arab Emirates (UAE) – Major supplier in the Middle East.
3. India – Supplies to Southeast Asia and Africa.
4. South Korea – Leading in high-quality bitumen production.
5. Singapore – A key trading hub for bitumen exports.
Top Importers:
1. China – High demand for road and infrastructure projects.
2. Indonesia – Significant importer for highway development.
3. Vietnam – Major consumer for urbanization projects.
4. Bangladesh – Growing infrastructure requires large bitumen imports.
5. Kenya & Nigeria – Increasing demand for road construction materials.
Factors Affecting Bitumen Prices
- Crude oil prices – Since bitumen is a byproduct of crude oil, fluctuations impact its pricing.
- Supply chain disruptions – Shipping costs and availability of raw materials influence costs.
- Seasonal demand – Peak construction seasons see increased demand.
Regulations and Compliance in Bitumen Trade
International trade in bitumen 60/70 requires strict compliance with regulations. Some key aspects include:
- Import/Export Duties – Varies by country; buyers must check local tariffs.
- Safety and Handling Regulations – Proper storage and transport measures are required.
- Quality Certifications – Compliance with ASTM, EN, or ISI standards ensures product quality.
- Customs Documentation – Proper documentation helps in smooth clearance and tax compliance.
Conclusion
Bitumen 60/70 is a vital material in road construction, waterproofing, and industrial applications, classified under HS code 27132000 and HSN code 2713.20.00. These classification systems enable smooth and efficient international trade, ensuring uniformity and compliance with customs regulations.
Understanding the HS and HSN codes for bitumen 60/70 is crucial for importers, exporters, and regulatory authorities. These codes streamline trade operations, minimize classification errors, and enhance efficiency in the customs clearance process. Proper classification also helps in determining applicable duties, tariffs, and trade regulations, preventing unnecessary delays and penalties.
As industries shift towards sustainability, alternatives such as bio-based bitumen and eco-friendly modifications are being explored. While petroleum bitumen remains a dominant material, future advancements may lead to the development of greener alternatives that balance infrastructure needs with environmental responsibility.
For businesses dealing with bitumen trade, staying informed about HS and HSN codes is essential to optimize logistics, reduce costs, and ensure compliance with international trade laws. With the right classification, the global movement of bitumen 60/70 can continue efficiently, supporting economic growth and infrastructure expansion worldwide.