Subheading · Section VI

2902.70: Cyclic hydrocarbons, cumene

2902.70

Official description Cumene

  • FreeUK
  • FreeEU
  • 25%Türkiye
  • FreeUSA
  • US$692.3mWorld trade in 2024

Subheading 2902.70 belongs to heading 2902 (cyclic hydrocarbons) in chapter 29.

The UK Global Tariff has one tariff line for subheading 2902.70; the duty is duty-free.

Subheading 2902.70 is a single line in the EU Combined Nomenclature, where the duty is duty-free.

The Turkish Customs Tariff Schedule has one tariff line for subheading 2902.70; the statutory rate is 25%.

Subheading 2902.70 is a single line in the Harmonized Tariff Schedule of the United States, where the duty is duty-free.

In 2024, countries exported these goods worth US$692.3m (−6.6% year on year).

The largest exporter was Singapore (US$271.6m), followed by Japan.

The biggest buyer was China, with imports of US$523.5m.

The United Kingdom ranked 18th among 29 exporters with US$11.6k.

The United Kingdom imported US$1.5m, most of it from Spain.

Duty rates compared

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. 2902 70 00 00 Cumene Free

EU Combined Nomenclature

EU lines →
  1. 2902 70 00 Cumene 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. 2902.70.00.00.00 Kümen (izopropil benzen) 25%

Harmonized Tariff Schedule of the United States

USA lines →
  1. 2902.70.00.00 Cumene Freekg

World trade in 2024

2902.70 · US$692.3m

Trade value (US$) no reported trade < US$417.7kUS$417.7k+US$5.8m+US$104.2m+> US$271.6m

Exports: 29
  1. Singapore: US$271.6m
  2. Japan: US$246.3m
  3. South Korea: US$104.2m
  4. United States: US$37.1m
  5. Taiwan: US$9m
  6. Germany: US$7.3m
  7. Spain: US$5.8m
  8. Brazil: US$5.5m
  9. France: US$2m
  10. Lithuania: US$1.7m
  11. Russia: US$820.3k
  12. Belgium: US$457.3k
  13. Austria: US$417.7k
  14. Italy: US$69.2k
  15. China: US$26.4k
  16. Switzerland: US$19.6k
  17. South Africa: US$14.5k
  18. United Kingdom: US$11.6k
  19. Latvia: US$7.9k
  20. Netherlands: US$2.1k
  21. Malaysia: US$1.1k
  22. Türkiye: US$800
  23. Croatia: US$700
  24. India: US$300
  25. Thailand: US$300
  26. Czechia: US$100
  27. Bulgaria: US$0
  28. Slovenia: US$0
  29. Tunisia: US$0

Top exporters

RankCountryValueShare
1 Singapore US$271.6m 39.2%
2 Japan US$246.3m 35.6%
3 South Korea US$104.2m 15%
4 United States US$37.1m 5.4%
5 Taiwan US$9m 1.3%
6 Germany US$7.3m 1.1%
7 Spain US$5.8m 0.8%
8 Brazil US$5.5m 0.8%
9 France US$2m 0.3%
10 Lithuania US$1.7m 0.2%

Top importers

RankCountryValueShare
1 China US$523.5m 75.6%
2 India US$42.3m 6.1%
3 Taiwan US$27.5m 4%
4 Italy US$23.5m 3.4%
5 Malaysia US$19.8m 2.9%
6 South Korea US$15.8m 2.3%
7 United States US$11.6m 1.7%
8 Germany US$5.7m 0.8%
9 Belgium US$4.8m 0.7%
10 Czechia US$4.1m 0.6%

Questions and answers

What is the HS code for cyclic hydrocarbons, cumene?

Cyclic hydrocarbons, cumene fall under HS subheading 2902.70, part of heading 2902, in section VI of the Harmonized System.

What is the import duty on cyclic hydrocarbons, cumene in the UK?

Under the UK Global Tariff, imports under 2902.70 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 cyclic hydrocarbons, cumene in the EU?

Under the EU Combined Nomenclature, imports under 2902.70 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 cyclic hydrocarbons, cumene?

Singapore, with US$271.6m in 2024 (39.2% of world exports).