About HS Code 842641

This HS code encompasses self-propelled derricks and cranes that operate on tyres, excluding those specifically designed for mounting on road vehicles. These are highly mobile heavy-lifting machines crucial for construction, infrastructure development, and industrial projects globally. Key players in international trade for these goods include major construction firms, rental companies, and government infrastructure departments in developing and developed nations alike. Exporters are typically industrialized countries with advanced manufacturing capabilities. Important considerations for trade include lifting capacity, boom length, safety certifications, and compliance with local road regulations for transport. The market is driven by global construction booms and infrastructure investments, making these machines vital for modern urban and industrial expansion.

Products Under This Code

Mobile crane, all-terrain crane, rough-terrain crane, truck-mounted crane (self-propelled), pick-and-carry crane, telescopic boom crane, city crane

Real World Examples

Liebherr LTM 1200-5.1, Grove GMK5250XL-1, Tadano GR-1000EX, Sany SAC2200T

Common Misclassification

This code can be confused with 842691 (cranes designed for mounting on road vehicles) if the 'self-propelled' aspect is overlooked, or with 842649 (self-propelled but not on tyres) where the mobility mechanism is the key differentiator.

Products Classified Under 8426.41

Industry

This code belongs to the Electronics & Electrical Equipment industry.

Trade Overview

Germany, USA, and Japan are major exporters; China, India, and the UAE are significant importers for construction and infrastructure projects.

Frequently Asked Questions

What is HS code 842641?

HS code 842641 covers: Cranes; self-propelled derricks and cranes, on tyres, n.e.c. in heading no. 8426. This HS code encompasses self-propelled derricks and cranes that operate on tyres, excluding those specifically designed for mounting on road vehicles. These are highly mobile heavy-lifting machines crucial for construction, infrastructure development, and industrial projects globally. Key players in international trade for these goods include major construction firms, rental companies, and government infrastructure departments in developing and developed nations alike. Exporters are typically industrialized countries with advanced manufacturing capabilities. Important considerations for trade include lifting capacity, boom length, safety certifications, and compliance with local road regulations for transport. The market is driven by global construction booms and infrastructure investments, making these machines vital for modern urban and industrial expansion.

What products fall under HS code 842641?

Mobile crane, all-terrain crane, rough-terrain crane, truck-mounted crane (self-propelled), pick-and-carry crane, telescopic boom crane, city crane

What are common misclassifications for HS code 842641?

This code can be confused with 842691 (cranes designed for mounting on road vehicles) if the 'self-propelled' aspect is overlooked, or with 842649 (self-propelled but not on tyres) where the mobility mechanism is the key differentiator.

How is HS code 842641 structured?

HS code 842641 is a 6-digit subheading under the Harmonized System. The first 2 digits (84) identify the chapter, digits 3-4 (26) identify the heading, and digits 5-6 (41) specify the subheading. This code is standardized globally by the World Customs Organization.