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Global Tariffs, Categorized
🇺🇸 United States
🇩🇪 Germany
📦 Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70 percent or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils:
🇺🇸 → 🇩🇪

United States to Germany Trade Analysis for Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70 percent or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils:

Detailed tariff information for Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70 percent or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils: imports

Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70 percent or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils: Tariff Rate

HS Code:

0.7% ad valorem
Effective 01 January 2023
View general trade relationship between United States and Germany

Trade Volume

Value
Approximately €1.2 billion
Year
2022
Trend
Stable with slight increase due to energy demands in the EU

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific quota limits; subject to certification of origin under USMCA or equivalent frameworks.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Refined Petroleum Products to Germany Amid Energy Crisis
In response to Europe's energy shortages following geopolitical tensions, the United States has ramped up exports of refined petroleum oils (HS Code 2710) to Germany, with a reported 20% increase in shipments over the past quarter.
October 15, 2023
Impact: This surge in exports strengthens US-Germany trade ties and helps Germany diversify energy sources, though it may increase dependency on US supply amidst fluctuating global oil prices.
Germany Seeks Long-Term Contracts for US Refined Petroleum Imports
German energy firms are negotiating multi-year contracts with US suppliers for petroleum oils and related preparations (HS Code 2710) to secure stable supply chains amid uncertainties in traditional energy markets.
September 28, 2023
Impact: Long-term contracts could stabilize trade volumes and pricing for HS Code 2710 products, benefiting both US exporters and German importers by reducing market volatility risks.
US-Germany Trade Discussions Highlight Refined Petroleum Sector
During recent bilateral trade talks, both nations emphasized the importance of refined petroleum oils (HS Code 2710) as a key component of their energy trade, with Germany pushing for reduced tariffs on these imports.
August 10, 2023
Impact: Potential tariff reductions could boost US exports of refined petroleum to Germany, increasing trade volume and lowering costs for German industries reliant on these products.
Policy Updates
US Updates Export Controls on Refined Petroleum Products
The US Department of Commerce has introduced new export licensing requirements for certain refined petroleum products (HS Code 2710) to ensure supply chain security, which may affect shipments to Germany.
Date: October 5, 2023
Germany Implements Stricter Import Standards for Petroleum Oils
Germany has updated its environmental regulations, imposing stricter quality and emission standards on imported petroleum oils and preparations (HS Code 2710), aligning with EU sustainability goals.
Date: September 1, 2023