Subheading · Section XVI

8523.21: Cards incorporating a magnetic stripe

8523.21
  • FreeUK
  • FreeEU
  • 40%Türkiye
  • FreeUSA
  • US$291.1mWorld trade in 2024

8523.21 is a six-digit subheading of heading 8523, discs, tapes, solid-state non-volatile storage devices, ‘smart cards’ and other…, chapter 85.

Subheading 8523.21 is a single line in the UK Global Tariff, where the duty is duty-free.

The EU Combined Nomenclature has one tariff line for subheading 8523.21; the duty is duty-free.

Subheading 8523.21 is a single line in the Turkish Customs Tariff Schedule, where the statutory rate is 40%.

The Harmonized Tariff Schedule of the United States has one tariff line for subheading 8523.21; the duty is duty-free.

World trade in these goods reached US$291.1m in 2024, down 5.2% on 2023.

China was the largest exporter with 16.1% of the total, ahead of the United States.

Canada imported the most (US$25m).

The United Kingdom ranked 3rd among 144 exporters with US$28.7m; its largest buyer was the Czechia.

The United Kingdom imported US$5.9m, most of it from Italy.

Duty rates compared

UK Free Third-country duty 1 tariff line EU Free Third-country duty 1 tariff line Türkiye 40% Statutory rate (Law 474) 1 tariff line USA Free 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. 8523 21 00 00 Cards incorporating a magnetic stripe Freep/st

EU Combined Nomenclature

EU lines →
  1. 8523 21 00 Cards incorporating a magnetic stripe Freep/st

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. 8523.21.00.00.00 Manyetik şeritli kartlar 40%Adet

Harmonized Tariff Schedule of the United States

USA lines →
  1. 8523.21.00.00 Cards incorporating a magnetic stripe FreeNo.

World trade in 2024

8523.21 · US$291.1m

Trade value (US$) no reported trade < US$37.4kUS$37.4k+US$756.2k+US$4m+> US$27.2m

Exports: 144
  1. China: US$47m
  2. United States: US$39.3m
  3. United Kingdom: US$28.7m
  4. France: US$27.2m
  5. Germany: US$25.9m
  6. Japan: US$23.3m
  7. Austria: US$11.4m
  8. Italy: US$11.1m
  9. Poland: US$8.3m
  10. Mexico: US$7.7m
  11. Taiwan: US$4.7m
  12. Spain: US$4.3m
  13. Estonia: US$4m
  14. Netherlands: US$3.7m
  15. Tunisia: US$3.5m
  16. Australia: US$3.1m
  17. Slovakia: US$3m
  18. Andorra: US$2.9m
  19. South Africa: US$2.6m
  20. Portugal: US$2.6m
  21. Canada: US$2.5m
  22. Romania: US$2.2m
  23. Israel: US$2.1m
  24. Singapore: US$1.9m
  25. United Arab Emirates: US$1.8m
  26. Brazil: US$1.5m
  27. South Korea: US$1.4m
  28. Thailand: US$1.3m
  29. Czechia: US$1.2m
  30. India: US$1.1m
  31. Denmark: US$953.5k
  32. Sweden: US$771.5k
  33. Vietnam: US$756.2k
  34. Switzerland: US$746.3k
  35. Hong Kong SAR China: US$716.3k
  36. Colombia: US$638.7k
  37. Bulgaria: US$510.2k
  38. Türkiye: US$509.7k
  39. Malaysia: US$451.2k
  40. Serbia: US$398.1k
  41. Belgium: US$386.5k
  42. Ireland: US$345.8k
  43. Guatemala: US$322.6k
  44. Croatia: US$235.8k
  45. Saudi Arabia: US$232k
  46. Latvia: US$225.6k
  47. Lithuania: US$205.7k
  48. Panama: US$138.6k
  49. Hungary: US$125.2k
  50. Morocco: US$116.2k
  51. Ukraine: US$100.4k
  52. Luxembourg: US$91.3k
  53. Kazakhstan: US$87.9k
  54. Norway: US$75k
  55. El Salvador: US$64k
  56. Argentina: US$59.8k
  57. Indonesia: US$59.5k
  58. Egypt: US$59k
  59. Tanzania: US$55.5k
  60. New Zealand: US$53.6k

Top exporters

RankCountryValueShare
1 China US$47m 16.1%
2 United States US$39.3m 13.5%
3 United Kingdom US$28.7m 9.8%
4 France US$27.2m 9.4%
5 Germany US$25.9m 8.9%
6 Japan US$23.3m 8%
7 Austria US$11.4m 3.9%
8 Italy US$11.1m 3.8%
9 Poland US$8.3m 2.9%
10 Mexico US$7.7m 2.6%

Top importers

RankCountryValueShare
1 Canada US$25m 8.6%
2 United States US$22.5m 7.7%
3 Philippines US$21.6m 7.4%
4 France US$19.3m 6.6%
5 Netherlands US$15.7m 5.4%
6 Czechia US$15.5m 5.3%
7 Germany US$11.3m 3.9%
8 Australia US$9.4m 3.2%
9 Switzerland US$9.1m 3.1%
10 Tunisia US$8.7m 3%

Products classified here

Questions and answers

What is the HS code for cards incorporating a magnetic stripe?

Cards incorporating a magnetic stripe fall under HS subheading 8523.21, part of heading 8523, in section XVI of the Harmonized System.

What is the import duty on cards incorporating a magnetic stripe in the UK?

Under the UK Global Tariff, imports under 8523.21 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 cards incorporating a magnetic stripe in the EU?

Under the EU Combined Nomenclature, imports under 8523.21 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 cards incorporating a magnetic stripe?

China, with US$47m in 2024 (16.1% of world exports).