Heading · Chapter 15

1508

1508: Groundnut oil and its fractions, whether or not refined, but not chemically modified

Heading 1508 is divided into 2 six-digit subheadings and sits in chapter 15, animal, vegetable or microbial fats and oils and their cleavage products.

Duty rates compared

Subheadings 2

EU: imports by month

last 12 months€61.9m-11.4% · previous 12 months
Average import price€1.33 per kg
Jan 2024: €6.3mFeb 2024: €3mMar 2024: €8.1mApr 2024: €5.2mMay 2024: €10.3mJun 2024: €5.5mJul 2024: €7.2mAug 2024: €4.1mSept 2024: €5.5mOct 2024: €8.7mNov 2024: €7.7mDec 2024: €7.4mJan 2025: €2.9mFeb 2025: €5mMar 2025: €6.4mApr 2025: €7.1mMay 2025: €7.6mJun 2025: €4.1mJul 2025: €2.9mAug 2025: €4.6mSept 2025: €9.1mOct 2025: €5.4mNov 2025: €4.1mDec 2025: €6.9mJan 2026: €2mFeb 2026: €3.9mMar 2026: €2.1mApr 2026: €3.9mMay 2026: €8.8mJun 2026: €4.2mJul 2026: €6.3mAug 2026: €5.1m 202420252026
Data up to August 2026 (provisional) · Monthly data: Eurostat Comext (CC BY 4.0), HMRC (OGL v3.0)

World trade in 2024

1508 · US$761m

Trade value (US$) no reported trade < US$34kUS$34k+US$599k+US$8m+> US$93m

Exports: 102
  1. India: US$350m
  2. Brazil: US$114m
  3. Argentina: US$93m
  4. Belgium: US$31m
  5. Nicaragua: US$31m
  6. China: US$23m
  7. Italy: US$20m
  8. Senegal: US$20m
  9. United States: US$17m
  10. Netherlands: US$8m
  11. Vietnam: US$8m
  12. France: US$8m
  13. Germany: US$6m
  14. Hong Kong SAR China: US$6m
  15. Philippines: US$5m
  16. Nigeria: US$5m
  17. Taiwan: US$4m
  18. Spain: US$3m
  19. Malaysia: US$1m
  20. Slovakia: US$1m
  21. United Kingdom: US$700k
  22. Chile: US$657k
  23. Australia: US$599k
  24. Poland: US$589k
  25. Mexico: US$547k
  26. Austria: US$478k
  27. Mali: US$433k
  28. South Africa: US$341k
  29. Saudi Arabia: US$300k
  30. Switzerland: US$260k
  31. Egypt: US$233k
  32. Kuwait: US$179k
  33. Portugal: US$159k
  34. Mozambique: US$133k
  35. Luxembourg: US$130k
  36. Canada: US$118k
  37. Denmark: US$74k
  38. Uganda: US$62k
  39. Japan: US$61k
  40. Czechia: US$59k
  41. Tanzania: US$54k
  42. Singapore: US$49k
  43. Thailand: US$47k
  44. Sudan: US$40k
  45. Uruguay: US$39k
  46. Israel: US$34k
  47. Pakistan: US$29k
  48. New Zealand: US$29k
  49. Ukraine: US$28k
  50. Sweden: US$27k
  51. Türkiye: US$21k
  52. Peru: US$17k
  53. Lithuania: US$17k
  54. Norway: US$17k
  55. Guatemala: US$14k
  56. Latvia: US$12k
  57. Greece: US$12k
  58. Gambia: US$10k
  59. South Korea: US$9k
  60. Myanmar (Burma): US$7k

Top exporters

RankCountryValueShare
1 India US$350m 46.1%
2 Brazil US$114m 15.1%
3 Argentina US$93m 12.2%
4 Belgium US$31m 4.1%
5 Nicaragua US$31m 4.1%
6 China US$23m 3%
7 Italy US$20m 2.6%
8 Senegal US$20m 2.6%
9 United States US$17m 2.2%
10 Netherlands US$8m 1.1%

Top importers

RankCountryValueShare
1 China US$432m 56.8%
2 United States US$75m 9.9%
3 Italy US$53m 7%
4 Netherlands US$35m 4.6%
5 Hong Kong SAR China US$28m 3.7%
6 France US$23m 3%
7 Belgium US$21m 2.7%
8 Canada US$12m 1.6%
9 United Kingdom US$12m 1.5%
10 Germany US$9m 1.2%

The UK Global Tariff divides heading 1508 into 4 tariff lines; the duty is duty-free.

In the EU Combined Nomenclature, heading 1508 covers 4 tariff lines and the duty is between 0% and 9.6%. 1 of them is duty-free.

The Turkish Customs Tariff Schedule divides heading 1508 into 4 tariff lines; the duty is between 0% and 23% (average 15.6%). 1 of them is duty-free.

In the Harmonized Tariff Schedule of the United States all 2 lines under heading 1508 carry a specific or compound duty rather than a percentage.

In 2024, countries exported heading 1508 goods worth US$761m (+3.7% year on year).

The largest exporter was India (US$350m), followed by Brazil.

The biggest buyer was China, with imports of US$432m.

The United Kingdom ranked 21st among 102 exporters with US$700k.

The United Kingdom imported US$12m.

Legal notes

Additional notes

Products classified here

Questions and answers

What is the HS code for groundnut oil and its fractions, whether or not refined, but not chemically modified?

Groundnut oil and its fractions, whether or not refined, but not chemically modified fall under HS heading 1508, part of chapter 15, in section III of the Harmonized System.

What is the import duty on groundnut oil and its fractions in the UK?

Under the UK Global Tariff, imports under 1508 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on groundnut oil and its fractions in the EU?

Under the EU Combined Nomenclature, imports under 1508 from countries without a preferential agreement are charged at 0% to 9.6%, depending on the line. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most groundnut oil and its fractions?

India, with US$350m in 2024 (46.1% of world exports).