Light gasoline-engine commercial trucks (GVW ≤5t) are a globally traded vehicle segment dominated by Japanese, Thai, Chinese, and European manufacturers, with Thailand and Japan serving as major export hubs for Asian markets. Country of origin is highly material due to preferential tariff agreements (e.g., ASEAN FTAs, EU trade deals) and anti-dumping measures targeting Chinese-origin vehicles in several markets. Demand is closely tied to SME investment cycles, e-commerce growth, and fuel price sensitivity, with increasing competitive pressure from electric LCV alternatives reshaping the segment outlook.
HS Code 870431 covers Light Commercial Truck / Petrol-Engine Pickup/Van (GVW ≤5t) under the Harmonized System. It is used for customs declarations, import duty assessment, trade statistics, export documentation, and sourcing analysis.
Products classified under HS 870431 are used across Small Business Logistics, Construction, Agriculture, E-commerce Last-Mile Delivery, Retail Distribution. Demand is driven by GDP growth, SME business investment, E-commerce expansion, Infrastructure spending.
Major exporting countries include Mexico, United States, Canada, China, Thailand based on recent international trade reporting.
Demand is linked to GDP growth, SME business investment, E-commerce expansion, Infrastructure spending. Input costs are influenced by Steel (flat-rolled automotive grade).
Verify final rates with HTSUS, TARIC, CBIC India, and a licensed customs broker.
US importers of Light Commercial Truck / Petrol-Engine Pickup/Van (GVW ≤5t) must classify at the HTS10 level. Additional measures such as Section 232, Section 301, ADD/CVD, or Chapter 99 provisions may apply depending on the exact classification and origin.
EU importers classify Light Commercial Truck / Petrol-Engine Pickup/Van (GVW ≤5t) at TARIC10 level. Preferential treatment may apply where rules of origin are satisfied under EU trade agreements. Intra-EU trade is duty-free.
India assesses Light Commercial Truck / Petrol-Engine Pickup/Van (GVW ≤5t) at the HS8 level under the CBIC Customs Tariff. The applicable duty framework is: BCD 20% + SWS 0% + IGST 18% = 41.60% effective gross rate. IGST is generally recoverable for registered B2B importers via GST filing.
Based on recent international trade data, the leading exporting countries for Light Commercial Truck / Petrol-Engine Pickup/Van (GVW ≤5t) are:
These corridors show where trade activity is concentrated. Buyers use this signal to identify supplier depth, established logistics lanes, and alternative sourcing markets.
| HS Code | 870431 |
| Product | Light Commercial Truck / Petrol-Engine Pickup/Van (GVW ≤5t) |
| Chapter | 87 — Light Commercial Vehicles |
| Major exporting countries | Mexico, United States, Canada, China, Thailand |
| Primary industries | Small Business Logistics, Construction, Agriculture, E-commerce Last-Mile Delivery, Retail Distribution |
| Trade year | 2024 |
| US duty framework | HTS10 classification dependent |
| EU duty framework | 10% MFN |
| India BCD | 20% BCD |
Logitality sourcing intelligence for HS 870431 combines global trade corridors, tariff data, commodity cost signals, FX movement, and supplier-country analysis to compare origins by estimated landed cost.
Compare supplier countries for HS 870431 by full duty stack and landed cost.
Run sourcing intelligence →Read the detailed sourcing guide for HS 870431 Light Commercial Truck / Petrol-Engine Pickup/Van (GVW ≤5t), including supplier-country analysis, trade-flow context, and procurement considerations.
HS Code 870431 covers Light Commercial Truck / Petrol-Engine Pickup/Van (GVW ≤5t) and is used for customs declarations, trade statistics, import duty assessment, and sourcing analysis.
Duty varies by destination and classification. US: HTS10 classification dependent. EU: 10% MFN. India: 20% BCD.
Major exporting countries include Mexico, United States, Canada, China, Thailand, based on recent trade reporting.