Heading · Section XVII

8903: Yachts and other vessels for pleasure or sports; rowing boats and canoes

8903
  • FreeUK
  • 0%–2.7%EU
  • 50%Türkiye
  • 0%–2.7%USA
  • US$22.5bnWorld trade in 2024

Heading 8903 is divided into 11 six-digit subheadings and sits in chapter 89, ships, boats and floating structures.

The UK Global Tariff divides heading 8903 into 17 tariff lines; the duty is duty-free.

In the EU Combined Nomenclature, heading 8903 covers 17 tariff lines and the duty is between 0% and 2.7%. 4 of them are duty-free.

The Turkish Customs Tariff Schedule divides heading 8903 into 19 tariff lines; the statutory rate is 50%.

In the Harmonized Tariff Schedule of the United States, heading 8903 covers 17 tariff lines and the duty is between 0% and 2.7%. 2 of them are duty-free.

In 2024, countries exported heading 8903 goods worth US$22.5bn (−4.4% year on year).

The largest exporter was Italy (US$4.1bn), followed by the Netherlands.

The biggest buyer was the Cayman Islands, with imports of US$4.9bn.

The United Kingdom ranked 7th among 163 exporters with US$1.2bn.

The United Kingdom imported US$847.6m.

Duty rates compared

UK Free Third-country duty 17 tariff lines EU Free – 2.7% Third-country duty 17 tariff lines · average 1.5% Türkiye 50% Statutory rate (Law 474) 19 tariff lines USA Free – 2.7% General (MFN) 17 tariff lines · average 1.5%

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.

Subheadings 11

World trade in 2024

8903 · US$22.5bn

Trade value (US$) no reported trade < US$2.1mUS$2.1m+US$31m+US$246.8m+> US$1.5bn

Exports: 163
  1. Italy: US$4.1bn
  2. Netherlands: US$3.6bn
  3. Cayman Islands: US$2bn
  4. Germany: US$1.9bn
  5. United States: US$1.5bn
  6. France: US$1.4bn
  7. United Kingdom: US$1.2bn
  8. Poland: US$990.8m
  9. Mexico: US$546.8m
  10. Türkiye: US$515.3m
  11. China: US$511.1m
  12. Finland: US$341m
  13. South Africa: US$284.5m
  14. Taiwan: US$278m
  15. Cyprus: US$266.9m
  16. Spain: US$266m
  17. Australia: US$246.8m
  18. Canada: US$241.3m
  19. Croatia: US$189.4m
  20. Sweden: US$144.1m
  21. Marshall Islands: US$132.9m
  22. Greece: US$124.6m
  23. Slovenia: US$106.4m
  24. Tunisia: US$104.2m
  25. Malaysia: US$93.9m
  26. Portugal: US$90.4m
  27. New Zealand: US$89.5m
  28. Belgium: US$83.3m
  29. Romania: US$82.9m
  30. Lithuania: US$78.8m
  31. Brazil: US$77.9m
  32. United Arab Emirates: US$77.6m
  33. Malta: US$70.4m
  34. Norway: US$62.9m
  35. Hong Kong SAR China: US$58.5m
  36. Singapore: US$55.1m
  37. Denmark: US$47.4m
  38. Austria: US$45.8m
  39. Japan: US$42.9m
  40. Ukraine: US$40.2m
  41. Vietnam: US$31m
  42. Thailand: US$29.4m
  43. Seychelles: US$25.6m
  44. Switzerland: US$22.5m
  45. Bahamas: US$22.2m
  46. Estonia: US$21.5m
  47. British Virgin Islands: US$19.2m
  48. Slovakia: US$16.6m
  49. Czechia: US$14.1m
  50. Saudi Arabia: US$13.4m
  51. Latvia: US$13.2m
  52. Bahrain: US$13m
  53. Cook Islands: US$12.8m
  54. Hungary: US$12.8m
  55. Serbia: US$10.7m
  56. Palau: US$10.6m
  57. South Korea: US$10.5m
  58. Luxembourg: US$10.2m
  59. Colombia: US$9.5m
  60. Jamaica: US$8.4m

Top exporters

RankCountryValueShare
1 Italy US$4.1bn 18.1%
2 Netherlands US$3.6bn 16%
3 Cayman Islands US$2bn 8.9%
4 Germany US$1.9bn 8.3%
5 United States US$1.5bn 6.7%
6 France US$1.4bn 6.1%
7 United Kingdom US$1.2bn 5.5%
8 Poland US$990.8m 4.4%
9 Mexico US$546.8m 2.4%
10 Türkiye US$515.3m 2.3%

Top importers

RankCountryValueShare
1 Cayman Islands US$4.9bn 22%
2 United States US$2.7bn 12.2%
3 Netherlands US$2.2bn 9.9%
4 Marshall Islands US$1bn 4.5%
5 France US$947.4m 4.2%
6 United Kingdom US$847.6m 3.8%
7 Malta US$837m 3.7%
8 Canada US$607.4m 2.7%
9 Italy US$595.1m 2.6%
10 Croatia US$475.5m 2.1%

Legal notes

Additional notes

1. Subheadings 89011010, 89012010, 89013010, 89019010, 89020010, 89032210, 89032310, 89033210, 89033310, 89040091 and 89069010 are to be taken to apply only to vessels, designed as seagoing, having a hull of an overall length (excluding any projecting parts) of not less than 12 m. However, fishing boats and lifeboats, designed as seagoing, shall be considered as seagoing vessels regardless of their length.

2. Subheadings 89051010 and 89059010 are to be taken to apply only to vessels and floating docks, designed as seagoing.

3. For the purpose of heading 8908, the expression ‘vessels and other floating structures for breaking up’ includes the following articles when presented for breaking up, on condition that they have formed part of their normal equipment:

  • spare parts (such as propellers), whether or not in a new condition,

  • movable articles (furniture, kitchen equipment, tableware, etc.) showing clear evidence of use.

Products classified here

Questions and answers

What is the HS code for yachts and other vessels for pleasure or sports; rowing boats and canoes?

Yachts and other vessels for pleasure or sports; rowing boats and canoes fall under HS heading 8903, part of chapter 89, in section XVII of the Harmonized System.

What is the import duty on yachts and other vessels for pleasure or sports in the UK?

Under the UK Global Tariff, imports under 8903 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 yachts and other vessels for pleasure or sports in the EU?

Under the EU Combined Nomenclature, imports under 8903 from countries without a preferential agreement are charged at 0% to 2.7%, depending on the line. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most yachts and other vessels for pleasure or sports?

Italy, with US$4.1bn in 2024 (18.1% of world exports).