Subheading · Section IV

2304.00: Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil

2304.00
  • —UK
  • FreeEU
  • 15%Türkiye
  • —USA
  • US$34.8bnWorld trade in 2024

2304.00 is a six-digit subheading of heading 2304, oilcake and other solid residues, chapter 23.

The EU Combined Nomenclature has one tariff line for subheading 2304.00; the duty is duty-free.

Subheading 2304.00 is a single line in the Turkish Customs Tariff Schedule, where the statutory rate is 15%.

In the Harmonized Tariff Schedule of the United States the line under subheading 2304.00 carries a specific or compound duty rather than a percentage.

World trade in these goods reached US$34.8bn in 2024, down 4.1% on 2023.

Argentina was the largest exporter with 28% of the total, ahead of Brazil.

Indonesia imported the most (US$2.3bn).

The United Kingdom ranked 44th among 124 exporters with US$21.9m; its largest buyer was Ireland.

The United Kingdom imported US$886m, most of it from Argentina.

Duty rates compared

UK specific or compound duty Third-country duty 1 tariff line EU Free Third-country duty 1 tariff line Türkiye 15% Statutory rate (Law 474) 1 tariff line USA specific or compound duty General (MFN) 1 tariff line

The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.

UK Global Tariff

UK lines →
  1. 2304 00 00 00 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil

EU Combined Nomenclature

EU lines →
  1. 2304 00 00 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil Free—

Turkish Customs Tariff Schedule

Türkiye lines →

This line has no official text in this language; it is shown in the language of its tariff.

  1. 2304.00.00.00.00 Soya fasulyesi yağı ekstraksiyonundan (özütleme) arta kalan küspe ve diğer katı artıklar (öğütülmüş veya "pellet" halinde olsun olmasın) 15%

Harmonized Tariff Schedule of the United States

USA lines →
  1. 2304.00.00 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soybean oil 0.45¢/kg
  2. 2304.00.00.10 Certified organic kg
  3. 2304.00.00.90 Other kg

Special: reduced rates under trade agreements and preference programmes; the letters in brackets name the programmes (for example AU = Australia FTA, KR = Korea FTA).

World trade in 2024

2304.00 · US$34.8bn

Trade value (US$) no reported trade < US$3.9mUS$3.9m+US$55.6m+US$311.1m+> US$1.1bn

Exports: 124
  1. Argentina: US$9.8bn
  2. Brazil: US$9.7bn
  3. United States: US$6.4bn
  4. Netherlands: US$1.1bn
  5. India: US$975.1m
  6. China: US$841.5m
  7. Germany: US$832.5m
  8. Paraguay: US$773.8m
  9. Bolivia: US$585.8m
  10. Türkiye: US$540.5m
  11. Ukraine: US$339.2m
  12. Russia: US$311.1m
  13. Slovenia: US$255.8m
  14. Nigeria: US$213.7m
  15. Belgium: US$189.7m
  16. Italy: US$183.9m
  17. Canada: US$138m
  18. Togo: US$114.2m
  19. Norway: US$105.5m
  20. Poland: US$103.8m
  21. Benin: US$95.2m
  22. South Africa: US$90.7m
  23. Hungary: US$87m
  24. United Arab Emirates: US$83.7m
  25. Spain: US$73.7m
  26. Austria: US$70.6m
  27. Denmark: US$67.3m
  28. Romania: US$57.1m
  29. Zambia: US$55.6m
  30. Switzerland: US$54.2m
  31. Latvia: US$49.4m
  32. Thailand: US$43.8m
  33. Portugal: US$42.1m
  34. Ireland: US$41.7m
  35. Malaysia: US$38.8m
  36. Malawi: US$34.7m
  37. Ethiopia: US$34.5m
  38. Lithuania: US$32.1m
  39. Kazakhstan: US$29.2m
  40. Taiwan: US$26.4m
  41. Serbia: US$25.6m
  42. Greece: US$23.3m
  43. Croatia: US$22.6m
  44. United Kingdom: US$21.9m
  45. France: US$20m
  46. Vietnam: US$17.9m
  47. Uruguay: US$17.3m
  48. South Korea: US$17.1m
  49. Uganda: US$15.4m
  50. Czechia: US$13.5m
  51. Egypt: US$10.3m
  52. Slovakia: US$10.2m
  53. Ghana: US$9.8m
  54. Moldova: US$6.1m
  55. Bulgaria: US$5.2m
  56. Belarus: US$4.2m
  57. Luxembourg: US$3.9m
  58. Sweden: US$3.9m
  59. Bosnia & Herzegovina: US$3.2m
  60. Cyprus: US$2.4m

Top exporters

RankCountryValueShare
1 Argentina US$9.8bn 28%
2 Brazil US$9.7bn 28%
3 United States US$6.4bn 18.3%
4 Netherlands US$1.1bn 3.1%
5 India US$975.1m 2.8%
6 China US$841.5m 2.4%
7 Germany US$832.5m 2.4%
8 Paraguay US$773.8m 2.2%
9 Bolivia US$585.8m 1.7%
10 Türkiye US$540.5m 1.6%

Top importers

RankCountryValueShare
1 Indonesia US$2.3bn 6.6%
2 Vietnam US$2.2bn 6.3%
3 Philippines US$1.6bn 4.5%
4 Netherlands US$1.4bn 4.1%
5 Poland US$1.4bn 4%
6 Germany US$1.4bn 3.9%
7 France US$1.3bn 3.6%
8 Thailand US$1.3bn 3.6%
9 Iran US$1.2bn 3.3%
10 Spain US$1.1bn 3%

Questions and answers

What is the HS code for oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil?

Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil fall under HS subheading 2304.00, part of heading 2304, in section IV of the Harmonized System.

What is the import duty on oilcake and other solid residues in the EU?

Under the EU Combined Nomenclature, imports under 2304.00 from countries without a preferential agreement are free of duty. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most oilcake and other solid residues?

Argentina, with US$9.8bn in 2024 (28% of world exports).