Subheading · Section XVII

8702.40: With only electric motor for propulsion

8702.40
  • 10%UK
  • 10%EU
  • 75%Türkiye
  • 2%USA
  • US$3.8bnWorld trade in 2024

8702.40 is a six-digit subheading of heading 8702, motor vehicles for the transport of ten or more persons, including the driver, chapter 87.

Subheading 8702.40 is a single line in the UK Global Tariff, where the duty is 10%.

The EU Combined Nomenclature has one tariff line for subheading 8702.40; the duty is 10%.

Subheading 8702.40 is a single line in the Turkish Customs Tariff Schedule, where the statutory rate is 75%.

The Harmonized Tariff Schedule of the United States divides subheading 8702.40 into 2 tariff lines; the duty is 2%.

World trade in these goods reached US$3.8bn in 2024, up 9.2% on 2023.

China was the largest exporter with 46.8% of the total, ahead of Poland.

Italy imported the most (US$420.1m).

The United Kingdom ranked 19th among 55 exporters with US$13.4m; its largest buyer was Ireland.

The United Kingdom imported US$194.4m, most of it from China.

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. 8702 40 00 00 With only electric motor for propulsion 10%p/st

EU Combined Nomenclature

EU lines →
  1. 8702 40 00 With only electric motor for propulsion 10%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. 8702.40.00.00.00 Sadece elektrik motorundan tahrikli olanlar 75%Adet

Harmonized Tariff Schedule of the United States

USA lines →
  1. 8702.40 With only electric motor for propulsion:
  2. 8702.40.31.00 Designed for the transport of 16 or more persons, including the driver 2%No.
  3. 8702.40.61.00 Other 2%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

8702.40 · US$3.8bn

Trade value (US$) no reported trade < US$4.7mUS$4.7m+US$63.3m+US$130.7m+> US$476.7m

Exports: 55
  1. China: US$1.8bn
  2. Poland: US$476.7m
  3. Türkiye: US$188m
  4. Italy: US$147m
  5. Germany: US$140.4m
  6. Netherlands: US$130.7m
  7. Canada: US$126.2m
  8. France: US$124m
  9. Czechia: US$103.7m
  10. Belgium: US$90.3m
  11. Spain: US$77.7m
  12. Hong Kong SAR China: US$72.6m
  13. United States: US$67.6m
  14. Switzerland: US$63.3m
  15. Hungary: US$55.8m
  16. Portugal: US$36.5m
  17. Slovenia: US$34.2m
  18. Lithuania: US$15.5m
  19. United Kingdom: US$13.4m
  20. Taiwan: US$11m
  21. Sweden: US$10.9m
  22. Norway: US$8.7m
  23. Denmark: US$7.3m
  24. Egypt: US$5.3m
  25. Kyrgyzstan: US$5.2m
  26. Malaysia: US$5m
  27. South Korea: US$4.7m
  28. Australia: US$2.8m
  29. New Zealand: US$2.4m
  30. Serbia: US$2.3m
  31. Croatia: US$2m
  32. India: US$1.9m
  33. Latvia: US$1.7m
  34. Georgia: US$1.6m
  35. Romania: US$1.3m
  36. South Africa: US$1.3m
  37. Saudi Arabia: US$1.2m
  38. Ireland: US$1.1m
  39. Austria: US$981.3k
  40. Singapore: US$970.4k
  41. Japan: US$538.5k
  42. Brazil: US$511.8k
  43. Mexico: US$479.8k
  44. Colombia: US$474.3k
  45. Thailand: US$469.6k
  46. Israel: US$429k
  47. Chile: US$371.9k
  48. Luxembourg: US$356.9k
  49. Finland: US$328.2k
  50. United Arab Emirates: US$192.4k
  51. Iceland: US$162.4k
  52. Estonia: US$126.6k
  53. Slovakia: US$100.1k
  54. Nigeria: US$3.3k
  55. Greece: US$0

Top exporters

RankCountryValueShare
1 China US$1.8bn 46.8%
2 Poland US$476.7m 12.4%
3 Türkiye US$188m 4.9%
4 Italy US$147m 3.8%
5 Germany US$140.4m 3.6%
6 Netherlands US$130.7m 3.4%
7 Canada US$126.2m 3.3%
8 France US$124m 3.2%
9 Czechia US$103.7m 2.7%
10 Belgium US$90.3m 2.3%

Top importers

RankCountryValueShare
1 Italy US$420.1m 10.9%
2 South Korea US$255m 6.6%
3 Netherlands US$248.1m 6.4%
4 Germany US$198m 5.1%
5 United Kingdom US$194.4m 5.1%
6 United States US$173.5m 4.5%
7 Spain US$170.7m 4.4%
8 Sweden US$153m 4%
9 Romania US$145.8m 3.8%
10 Greece US$139.9m 3.6%

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 8702.40, part of heading 8702, 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 8702.40 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 8702.40 from countries without a preferential agreement are charged at 10%. Preferential rates, anti-dumping duties and VAT are not included.

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

China, with US$1.8bn in 2024 (46.8% of world exports).