Subheading · Section XVII

8903.23: Of a length exceeding 24 m

8903.23
  • FreeUK
  • 0%–1.7%EU
  • 50%Türkiye
  • 1.5%USA
  • US$780.1mWorld trade in 2024

8903.23 is a six-digit subheading of heading 8903, yachts and other vessels for pleasure or sports; rowing boats and canoes, chapter 89.

In the UK Global Tariff, subheading 8903.23 covers 2 tariff lines and the duty is duty-free.

The EU Combined Nomenclature divides subheading 8903.23 into 2 tariff lines; the duty is between 0% and 1.7% (average 0.9%). 1 of them is duty-free.

In the Turkish Customs Tariff Schedule, subheading 8903.23 covers 2 tariff lines and the statutory rate is 50%.

The Harmonized Tariff Schedule of the United States has one tariff line for subheading 8903.23; the duty is 1.5%.

World trade in these goods reached US$780.1m in 2024, down 19.5% on 2023.

The Netherlands was the largest exporter with 35.6% of the total, ahead of Cyprus.

The Cayman Islands imported the most (US$279.5m).

The United Kingdom ranked 4th among 44 exporters with US$73.7m; its largest buyer was Malta.

The United Kingdom imported US$102.5m, most of it from Cyprus.

Duty rates compared

UK Free Third-country duty 2 tariff lines EU Free – 1.7% Third-country duty 2 tariff lines · average 0.9% Türkiye 50% Statutory rate (Law 474) 2 tariff lines USA 1.5% 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. 8903 23 00 00 Of a length exceeding 24 m p/st
  2. 8903 23 10 00 Seagoing Freep/st
  3. 8903 23 90 00 Other Freep/st

EU Combined Nomenclature

EU lines →
  1. 8903 23 Of a length exceeding 24 m:
  2. 8903 23 10 Seagoing Freep/st
  3. 8903 23 90 Other 1.7%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. 8903.23 Uzunluğu 24 m.yi geçenler
  2. 8903.23.10.00.00 Denizde seyretmeye mahsus olanlar 50%Adet
  3. 8903.23.90.00.00 Diğerleri: 50%Adet

Harmonized Tariff Schedule of the United States

USA lines →
  1. 8903.23.00 Of a length exceeding 24 m 1.5%
  2. 8903.23.00.15 With auxiliary motor No.
  3. 8903.23.00.20 Other 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

8903.23 · US$780.1m

Trade value (US$) no reported trade < US$1.3mUS$1.3m+US$11.7m+US$40.9m+> US$92.9m

Exports: 44
  1. Netherlands: US$277.5m
  2. Cyprus: US$92.9m
  3. Cayman Islands: US$87.3m
  4. United Kingdom: US$73.7m
  5. Finland: US$40.9m
  6. Türkiye: US$31.6m
  7. Italy: US$30.1m
  8. South Africa: US$26m
  9. Germany: US$19.2m
  10. Poland: US$15.8m
  11. United States: US$11.7m
  12. Greece: US$9.8m
  13. Spain: US$9.5m
  14. Marshall Islands: US$9.4m
  15. China: US$7.6m
  16. France: US$7.5m
  17. Sweden: US$5.4m
  18. Australia: US$5.3m
  19. Slovenia: US$5m
  20. Malta: US$2.9m
  21. Belgium: US$2.5m
  22. New Zealand: US$1.3m
  23. Singapore: US$1.2m
  24. Denmark: US$1.2m
  25. United Arab Emirates: US$1.1m
  26. Lithuania: US$971.4k
  27. Tunisia: US$497.6k
  28. Brazil: US$453.5k
  29. Canada: US$449.7k
  30. Norway: US$410.4k
  31. Taiwan: US$345k
  32. Mexico: US$165k
  33. Estonia: US$164.8k
  34. Bulgaria: US$121.2k
  35. Bahrain: US$87.8k
  36. San Marino: US$81.2k
  37. Croatia: US$61.4k
  38. Bahamas: US$27k
  39. Russia: US$14.1k
  40. Thailand: US$3.3k
  41. Japan: US$1.9k
  42. Indonesia: US$1.3k
  43. Portugal: US$1.1k
  44. Romania: US$400

Top exporters

RankCountryValueShare
1 Netherlands US$277.5m 35.6%
2 Cyprus US$92.9m 11.9%
3 Cayman Islands US$87.3m 11.2%
4 United Kingdom US$73.7m 9.5%
5 Finland US$40.9m 5.2%
6 Türkiye US$31.6m 4%
7 Italy US$30.1m 3.9%
8 South Africa US$26m 3.3%
9 Germany US$19.2m 2.5%
10 Poland US$15.8m 2%

Top importers

RankCountryValueShare
1 Cayman Islands US$279.5m 35.8%
2 Malta US$130.3m 16.7%
3 United Kingdom US$102.5m 13.1%
4 Netherlands US$80.2m 10.3%
5 France US$19.5m 2.5%
6 Gibraltar US$19.4m 2.5%
7 United States US$18.4m 2.4%
8 Norway US$15m 1.9%
9 Cyprus US$14.9m 1.9%
10 Denmark US$9.6m 1.2%

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.

Questions and answers

What is the HS code for of a length exceeding 24 m?

Of a length exceeding 24 m fall under HS subheading 8903.23, part of heading 8903, in section XVII of the Harmonized System.

What is the import duty on of a length exceeding 24 m in the UK?

Under the UK Global Tariff, imports under 8903.23 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 of a length exceeding 24 m in the EU?

Under the EU Combined Nomenclature, imports under 8903.23 from countries without a preferential agreement are charged at 0% to 1.7%, depending on the line. Preferential rates, anti-dumping duties and VAT are not included.

Which country exports the most of a length exceeding 24 m?

The Netherlands, with US$277.5m in 2024 (35.6% of world exports).