HS code · 6-digit subheading
HS Code 8903.23 – Sailboats; (other than inflatable) with or without auxiliary motor, for pleasure or sports, of a length exceeding 24m
HS code 8903.23 is the 6-digit subheading for sailboats, (other than inflatable) with or without auxiliary motor, for pleasure or sports, of a length exceeding 24m. It is used for superyachts, luxury sailing yachts, performance cruising yachts, racing maxi yachts and custom-built sailing vessels.
What HS 8903.23 covers
This HS code covers large, luxury sailing yachts, often custom-built, designed for high-end leisure, competitive racing, or long-distance cruising. International trade in these vessels involves a niche market, primarily wealthy individuals, charter companies, and yacht brokers. Key players in this market include established shipyards in Europe and North America, known for their craftsmanship and advanced marine technology. The trade often involves complex logistics, specialized transport, and significant financial transactions, sometimes spanning multiple jurisdictions for registration and delivery. Importers are typically high-net-worth individuals or companies in popular yachting destinations, while exporters are the shipyards themselves. The market is influenced by global economic conditions, luxury consumer trends, and environmental regulations impacting marine leisure. These vessels represent significant capital investments and are often seen as status symbols, driving demand for bespoke features and cutting-edge design.
- Covers
- Superyachts
- Luxury sailing yachts
- Performance cruising yachts
- Racing maxi yachts
- Custom-built sailing vessels
- Expedition sailing yachts
- Classic sailing yachts
- Examples
- Perini Navi Maltese Falcon
- Wally 101
- Baltic 142 Canova
- Royal Huisman Sea Eagle II
- Nautor's Swan 120
Codes often confused with 8903.23
Common mistake. This code might be confused with 890322 (sailboats 7.5m-24m) or 890399 (other pleasure vessels >7.5m) if the vessel's primary propulsion isn't clearly sail-based or if its length is miscalculated.
Top exporters and importers of HS code 890323, 2025
In 2025, the largest exporter of HS code 890323 in UN Comtrade data was the Netherlands, with 52% of world exports; the largest importer in UN Comtrade data was Malta, with 22% of world imports. Countries that did not report 2025 data are estimated from partner records, which can understate them.
Top exporters 2025 · share of world exports
- 1 Netherlands $209M 52% of world exports
- 2 Poland $42M 11% of world exports
- 3 Finland $31M 7.8% of world exports
World total: $403M Reported figures on UN Comtrade ↗
Top importers 2025 · share of world imports
- 1 Malta $60M 22% of world imports
- 2 United States $58M 21% of world imports
- 3 France $38M 14% of world imports
World total: $272M Reported figures on UN Comtrade ↗
How these figures are built
109 countries reported 2025 trade to UN Comtrade in HS 2022, and their own totals are used. Countries that did not report are estimated from what other countries recorded trading with them. Those estimates miss trade with other non-reporting countries, so they can be low, and a non-reporting country can rank higher than shown or be missing from the list. World totals add both and leave out trade between two non-reporting countries. Figures are in current US dollars; reported imports are mostly valued CIF and exports FOB, and exports include re-exports. The UN Comtrade links show the underlying records; they can also list a few reporters left out here (regional groups and older HS editions).
Source: UN Comtrade (United Nations Statistics Division), 2025 annual data.
Brazil NCM code for 8903.23
Brazil does not split HS 8903.23: its NCM code is 8903.23.00.
All Brazil NCM codes in heading 89.03 →
Source: Siscomex NCM table, updated Oct 2026. The Portuguese text is official; the English is our translation.
Questions about HS 8903.23
What is HS code 890323?
HS code 890323 is a 6-digit subheading in the Harmonized System that covers: Sailboats; (other than inflatable) with or without auxiliary motor, for pleasure or sports, of a length exceeding 24m. This HS code covers large, luxury sailing yachts, often custom-built, designed for high-end leisure, competitive racing, or long-distance cruising. International trade in these vessels involves a niche market, primarily wealthy individuals, charter companies, and yacht brokers. Key players in this market include established shipyards in Europe and North America, known for their craftsmanship and advanced marine technology. The trade often involves complex logistics, specialized transport, and significant financial transactions, sometimes spanning multiple jurisdictions for registration and delivery. Importers are typically high-net-worth individuals or companies in popular yachting destinations, while exporters are the shipyards themselves. The market is influenced by global economic conditions, luxury consumer trends, and environmental regulations impacting marine leisure. These vessels represent significant capital investments and are often seen as status symbols, driving demand for bespoke features and cutting-edge design.
What products fall under HS code 890323?
Superyachts, Luxury sailing yachts, Performance cruising yachts, Racing maxi yachts, Custom-built sailing vessels, Expedition sailing yachts, Classic sailing yachts
What are common misclassifications for HS code 890323?
This code might be confused with 890322 (sailboats 7.5m-24m) or 890399 (other pleasure vessels >7.5m) if the vessel's primary propulsion isn't clearly sail-based or if its length is miscalculated.
Which countries are the top exporters of goods under HS code 890323?
In 2025, the top exporters of HS code 890323 in UN Comtrade data were the Netherlands ($209M, 52% of world exports), Poland ($42M) and Finland ($31M). World exports came to about $403M, adding countries' reported figures and partner-based estimates for those that did not report (UN Comtrade data). Countries that did not report 2025 data are estimated from partner records, which can understate them.
Which countries are the top importers of goods under HS code 890323?
In 2025, the top importers of HS code 890323 in UN Comtrade data were Malta ($60M, 22% of world imports), the United States ($58M) and France ($38M). World imports came to about $272M, adding countries' reported figures and partner-based estimates for those that did not report (UN Comtrade data). Countries that did not report 2025 data are estimated from partner records, which can understate them.
How is HS code 890323 structured?
HS code 890323 is a 6-digit subheading under the Harmonized System. The first 2 digits (89) identify the chapter, digits 3-4 (03) identify the heading, and digits 5-6 (23) specify the subheading. This code is standardized globally by the World Customs Organization.
What is the Brazil NCM code for HS code 890323?
In Brazil, HS code 890323 is NCM 8903.23.00. The last two digits are 00 because Brazil does not split this HS code further.