Cross-Border Trade Guide
HS 2710 · OIL (NOT CRUDE) FROM PETROL & BITUM MINERAL ETC.Annual bilateral volume: $126M
Estimated Duties
0-3%
Crude 0%; coal 3-6%; 13% VAT
Transit Time
4-7 days
End to end
Compliance
NEA + 原油进口资质
State-owned import quota
Export Rebate
0%
VAT zero-rated; BOI incentives for exporters
DUTY CALCULATION — CHINA
Base Duty
0%
MFN (ITA): Free
VAT 13%
13%
on (CIF + duty)
Effective Total
~0%
duty only
| Product cost (FOB) | $100,000 |
| Ocean freight (est.) | $3,500 |
| Marine insurance (0.4%) | $400 |
| VAT 13% on $103,900 | $13,507 |
| Customs broker | ~$75 |
| Estimated total landed cost | ~$117,482 |
* Estimates based on $100K FOB shipment of electronics (HS 85). Actual costs vary by exact HS code, weight/volume, and current rates.
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