Subheading · Section XVII
8702.40: With only electric motor for propulsion
- 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$194.4m, most of it from China.
Duty rates compared
The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.
UK Global Tariff
UK lines →- 8702 40 00 00 With only electric motor for propulsion 10%p/st
EU Combined Nomenclature
EU lines →- 8702 40 00 With only electric motor for propulsion 10%p/st
Turkish Customs Tariff Schedule
Türkiye lines →This line has no official text in this language; it is shown in the language of its tariff.
- 8702.40.00.00.00 Sadece elektrik motorundan tahrikli olanlar 75%Adet
Harmonized Tariff Schedule of the United States
USA lines →- 8702.40 With only electric motor for propulsion:
- 8702.40.31.00 Designed for the transport of 16 or more persons, including the driver 2%No.
- 8702.40.61.00 Other 2%No.
Special: reduced rates under trade agreements and preference programmes; the letters in brackets name the programmes (for example AU = Australia FTA, KR = Korea FTA).
World trade in 2024
Trade value (US$) no reported trade < US$4.7mUS$4.7m+US$63.3m+US$130.7m+> US$476.7m
Exports: 55
- China: US$1.8bn
- Poland: US$476.7m
- Türkiye: US$188m
- Italy: US$147m
- Germany: US$140.4m
- Netherlands: US$130.7m
- Canada: US$126.2m
- France: US$124m
- Czechia: US$103.7m
- Belgium: US$90.3m
- Spain: US$77.7m
- Hong Kong SAR China: US$72.6m
- United States: US$67.6m
- Switzerland: US$63.3m
- Hungary: US$55.8m
- Portugal: US$36.5m
- Slovenia: US$34.2m
- Lithuania: US$15.5m
- United Kingdom: US$13.4m
- Taiwan: US$11m
- Sweden: US$10.9m
- Norway: US$8.7m
- Denmark: US$7.3m
- Egypt: US$5.3m
- Kyrgyzstan: US$5.2m
- Malaysia: US$5m
- South Korea: US$4.7m
- Australia: US$2.8m
- New Zealand: US$2.4m
- Serbia: US$2.3m
- Croatia: US$2m
- India: US$1.9m
- Latvia: US$1.7m
- Georgia: US$1.6m
- Romania: US$1.3m
- South Africa: US$1.3m
- Saudi Arabia: US$1.2m
- Ireland: US$1.1m
- Austria: US$981.3k
- Singapore: US$970.4k
- Japan: US$538.5k
- Brazil: US$511.8k
- Mexico: US$479.8k
- Colombia: US$474.3k
- Thailand: US$469.6k
- Israel: US$429k
- Chile: US$371.9k
- Luxembourg: US$356.9k
- Finland: US$328.2k
- United Arab Emirates: US$192.4k
- Iceland: US$162.4k
- Estonia: US$126.6k
- Slovakia: US$100.1k
- Nigeria: US$3.3k
- Greece: US$0
Trade value (US$) no reported trade < US$2.5mUS$2.5m+US$25.6m+US$88.7m+> US$194.4m
Imports: 137
- Italy: US$420.1m
- South Korea: US$255m
- Netherlands: US$248.1m
- Germany: US$198m
- United Kingdom: US$194.4m
- United States: US$173.5m
- Spain: US$170.7m
- Sweden: US$153m
- Romania: US$145.8m
- Greece: US$139.9m
- Norway: US$123.8m
- France: US$97.8m
- Finland: US$90.9m
- Israel: US$88.7m
- Australia: US$82.9m
- Belgium: US$81.2m
- Denmark: US$81.1m
- Japan: US$78.6m
- Canada: US$65.3m
- Mexico: US$59.1m
- Switzerland: US$56.5m
- United Arab Emirates: US$52.2m
- Azerbaijan: US$51.7m
- Chile: US$43.6m
- Poland: US$43.3m
- Indonesia: US$39.6m
- Lithuania: US$37.8m
- Uruguay: US$37.4m
- Ireland: US$36.2m
- Austria: US$30.9m
- Luxembourg: US$30.3m
- Portugal: US$29.4m
- Czechia: US$26.5m
- Uzbekistan: US$26.4m
- Nepal: US$25.6m
- New Zealand: US$24.5m
- Kazakhstan: US$24m
- Pakistan: US$22.6m
- Ethiopia: US$21.3m
- Hong Kong SAR China: US$19m
- Singapore: US$18.7m
- Dominican Republic: US$17.6m
- Vietnam: US$12.4m
- Paraguay: US$12.3m
- Estonia: US$11m
- Türkiye: US$10.1m
- Laos: US$8.3m
- Macao SAR China: US$7.7m
- Guatemala: US$7.4m
- Brazil: US$5.7m
- Russia: US$5.6m
- Argentina: US$5.5m
- Peru: US$5.4m
- Armenia: US$5.2m
- Thailand: US$5m
- Nigeria: US$4.4m
- Botswana: US$4.1m
- North Macedonia: US$4m
- Egypt: US$3.9m
- Hungary: US$3.8m
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | US$1.8bn | 46.8% | |
| 2 | US$476.7m | 12.4% | |
| 3 | US$188m | 4.9% | |
| 4 | US$147m | 3.8% | |
| 5 | US$140.4m | 3.6% | |
| 6 | US$130.7m | 3.4% | |
| 7 | US$126.2m | 3.3% | |
| 8 | US$124m | 3.2% | |
| 9 | US$103.7m | 2.7% | |
| 10 | US$90.3m | 2.3% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | US$420.1m | 10.9% | |
| 2 | US$255m | 6.6% | |
| 3 | US$248.1m | 6.4% | |
| 4 | US$198m | 5.1% | |
| 5 | US$194.4m | 5.1% | |
| 6 | US$173.5m | 4.5% | |
| 7 | US$170.7m | 4.4% | |
| 8 | US$153m | 4% | |
| 9 | US$145.8m | 3.8% | |
| 10 | 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).