Subheading · Section XVII

8701.24: With only electric motor for propulsion

8701.24
  • 10%UK
  • 16%EU
  • 30%Türkiye
  • 4%USA
  • US$528.9mWorld trade in 2024

Subheading 8701.24 belongs to heading 8701 (tractors (other than tractors of heading 8709)) in chapter 87.

The UK Global Tariff divides subheading 8701.24 into 2 tariff lines; the duty is 10%.

In the EU Combined Nomenclature, subheading 8701.24 covers 2 tariff lines and the duty is 16%.

The Turkish Customs Tariff Schedule divides subheading 8701.24 into 2 tariff lines; the statutory rate is 30%.

Subheading 8701.24 is a single line in the Harmonized Tariff Schedule of the United States, where the duty is 4%.

In 2024, countries exported these goods worth US$528.9m (+39% year on year).

The largest exporter was Sweden (US$130.4m), followed by Belgium.

The biggest buyer was Germany, with imports of US$75.3m.

The United Kingdom ranked 13th among 42 exporters with US$1.8m.

The United Kingdom imported US$22.9m, most of it from Belgium.

Duty rates compared

UK 10% Third-country duty 2 tariff lines EU 16% Third-country duty 2 tariff lines Türkiye 30% Statutory rate (Law 474) 2 tariff lines USA 4% 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. 8701 24 00 00 With only electric motor for propulsion p/st
  2. 8701 24 10 00 New 10%p/st
  3. 8701 24 90 00 Used 10%p/st

EU Combined Nomenclature

EU lines →
  1. 8701 24 With only electric motor for propulsion:
  2. 8701 24 10 New 16%p/st
  3. 8701 24 90 Used 16%p/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. 8701.24 Sadece elektrik motorundan tahrikli olanlar
  2. 8701.24.10.00.00 Yeni olanlar 30%Adet
  3. 8701.24.90.00.00 Kullanılmış olanlar 30%Adet

Harmonized Tariff Schedule of the United States

USA lines →
  1. 8701.24.00 With only electric motor for propulsion 4%
  2. New:
  3. 8701.24.00.15 G.V.W. not exceeding 36,287 kg No.
  4. 8701.24.00.45 G.V.W. exceeding 36,287 kg No.
  5. 8701.24.00.80 Used No.

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

8701.24 · US$528.9m

Trade value (US$) no reported trade < US$381.7kUS$381.7k+US$2.6m+US$48.4m+> US$95.7m

Exports: 42
  1. Sweden: US$130.4m
  2. Belgium: US$95.7m
  3. China: US$92.4m
  4. Germany: US$65.7m
  5. France: US$48.4m
  6. United States: US$29.7m
  7. Netherlands: US$24.7m
  8. Italy: US$12.4m
  9. South Korea: US$9.8m
  10. Denmark: US$4.7m
  11. South Africa: US$2.6m
  12. Poland: US$2.1m
  13. United Kingdom: US$1.8m
  14. Thailand: US$1.6m
  15. Spain: US$1.2m
  16. Austria: US$959.4k
  17. Slovakia: US$863.7k
  18. Canada: US$804.5k
  19. Brazil: US$564.9k
  20. Australia: US$559.2k
  21. Switzerland: US$381.7k
  22. Finland: US$335.5k
  23. Türkiye: US$281.6k
  24. Malaysia: US$245.9k
  25. Ireland: US$208.5k
  26. Estonia: US$205.3k
  27. India: US$92.7k
  28. Luxembourg: US$90.5k
  29. Hong Kong SAR China: US$70.1k
  30. Greece: US$27.3k
  31. Russia: US$21.7k
  32. Romania: US$18k
  33. Serbia: US$14.3k
  34. Norway: US$11.1k
  35. Japan: US$6.7k
  36. Croatia: US$3.2k
  37. Saudi Arabia: US$600
  38. Hungary: US$200
  39. Bulgaria: US$100
  40. Nigeria: US$100
  41. Portugal: US$100
  42. Czechia: US$0

Top exporters

RankCountryValueShare
1 Sweden US$130.4m 24.7%
2 Belgium US$95.7m 18.1%
3 China US$92.4m 17.5%
4 Germany US$65.7m 12.4%
5 France US$48.4m 9.1%
6 United States US$29.7m 5.6%
7 Netherlands US$24.7m 4.7%
8 Italy US$12.4m 2.4%
9 South Korea US$9.8m 1.8%
10 Denmark US$4.7m 0.9%

Top importers

RankCountryValueShare
1 Germany US$75.3m 14.2%
2 Netherlands US$48.8m 9.2%
3 Switzerland US$44.3m 8.4%
4 Italy US$37.5m 7.1%
5 Canada US$35.2m 6.7%
6 United States US$34.7m 6.6%
7 France US$28.3m 5.3%
8 Thailand US$27.6m 5.2%
9 United Kingdom US$22.9m 4.3%
10 Norway US$21.1m 4%

Questions and answers

What is the HS code for with only electric motor for propulsion?

With only electric motor for propulsion fall under HS subheading 8701.24, part of heading 8701, in section XVII of the Harmonized System.

What is the import duty on with only electric motor for propulsion in the UK?

Under the UK Global Tariff, imports under 8701.24 from countries without a preferential agreement are charged at 10%. Preferential rates, anti-dumping duties and VAT are not included.

What is the import duty on with only electric motor for propulsion in the EU?

Under the EU Combined Nomenclature, imports under 8701.24 from countries without a preferential agreement are charged at 16%. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most with only electric motor for propulsion?

Sweden, with US$130.4m in 2024 (24.7% of world exports).