HS Code:
AC electric motors, single-phase, of an output exceeding 50 W but not exceeding 74.6 W, each equipped with a capacitor and a three-speed control switch, fall under HS Code 8501.40.20. These motors are typically used in household appliances, small industrial equipment, and ventilation systems. They are designed for applications requiring variable speed control and moderate power output. The capacitor aids in starting and running the motor, while the three-speed switch allows for operational flexibility. This product category is a niche segment of the broader electric motor market, which is critical for various industries globally.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$60 million USD
40% of total trade of total trade
Increasing
$25 million USD
16.7% of total trade of total trade
Stable
$20 million USD
13.3% of total trade of total trade
Increasing
$15 million USD
10% of total trade of total trade
Stable
$10 million USD
6.7% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Growing demand for energy-efficient motors
Increased adoption of motors meeting international energy efficiency standards, driving innovation and slightly raising production costs but benefiting long-term sustainability goals.
2021-2023
Shift towards automation and smart appliances
Rising integration of these motors in smart home devices and automated systems, boosting demand in developed markets like North America and Europe.
2020-2022
Supply chain disruptions due to geopolitical tensions
Delays and cost increases in raw materials and shipping, particularly affecting exports from Asia-Pacific regions.
2022
The European Union introduced stricter energy efficiency requirements for electric motors under the Ecodesign Directive, impacting the design and import of single-phase AC motors in this power range.
July 2023
Manufacturers must adapt to comply with new standards, potentially increasing costs but also opening opportunities for premium, compliant products in the EU market.
A temporary reduction in tariffs on specific electric motor categories, including HS 8501.40.20, was agreed upon as part of ongoing trade negotiations, easing export costs from China to the US.
January 2023
Short-term boost in trade volume from China to the US, though long-term stability remains uncertain due to ongoing trade tensions.
Several key manufacturers in Japan and Germany unveiled new capacitor technologies that improve motor efficiency and lifespan for this power range, gaining traction in high-end markets.
March 2023
Increased competitiveness of Japanese and German products, potentially shifting market share away from lower-cost producers like China in premium segments.