International trade relies heavily on the proper functioning of the Exim code system. The Exim code, also known as the Harmonized System (HS) code, is a standardized system of numerical codes used to classify goods being traded internationally. It helps facilitate the smooth movement of goods across borders by providing a common language for customs officials, shippers, and importers to use when describing products.

In this article, we will explore some of the top Exim codes that are in high demand in international trade.

Exim Code 87 – Vehicles Other Than Railway or Tramway Rolling Stock
Exim code 87 covers all motor vehicles, including cars, trucks, buses, and other similar vehicles. This code is in high demand in the international market, especially in countries with a growing population and an increase in disposable income. The demand for automobiles is also driven by the need for transportation in both rural and urban areas.

Exim Code 84 – Machinery and Mechanical Appliances
Exim code 84 covers a wide range of mechanical appliances, including industrial machines, construction equipment, and agricultural machinery. This code is in high demand in developing countries, where infrastructure development is a priority. The demand for machinery is also driven by the need for automation and efficiency in various industries.

Exim Code 90 – Optical, Photographic, Cinematographic, Measuring, Checking, Precision, Medical or Surgical Instruments and Apparatus

Exim code 90 covers all types of precision instruments and apparatus, including medical and surgical instruments, measuring devices, and optical equipment. This code is in high demand in the medical and scientific industries, where precision and accuracy are critical. It is also used in the manufacturing of consumer electronics and other high-tech products.

Exim Code 71 – Natural or Cultured Pearls, Precious or Semi-Precious Stones, Precious Metals, Metals Clad with Precious Metal, and Articles Thereof, Imitation Jewelry

Exim code 71 covers all types of precious and semi-precious stones, including diamonds, rubies, emeralds, and sapphires. This code is in high demand in the jewelry and luxury goods industries. The demand for precious stones and metals is also driven by the investment market, where they are seen as a store of value.

Exim Code 27 – Mineral Fuels, Mineral Oils and Products of their Distillation; Bituminous Substances; Mineral Waxes
Exim code 27 covers all types of mineral fuels, including crude oil, natural gas, and coal. This code is in high demand in the energy sector, where fossil fuels are still the primary source of energy. The demand for mineral fuels is also driven by the transportation sector, where they are used to power cars, trucks, and planes.