HS Code:
The Amplifiers category, classified under HS Code 8518.40 (Audio-frequency electric amplifiers) and related subcategories, includes devices used to increase the amplitude of audio signals. These products are integral to various industries, including consumer electronics, automotive, telecommunications, and professional audio equipment. Amplifiers are essential components in speakers, headphones, home theater systems, and industrial sound systems, driving demand globally due to the growth of entertainment and communication technologies.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
USD 4.8 billion
38.4% of total trade of total trade
Increasing
USD 2.1 billion
16.8% of total trade of total trade
Stable
USD 1.3 billion
10.4% of total trade of total trade
Stable
USD 1.0 billion
8.0% of total trade of total trade
Decreasing
USD 0.8 billion
6.4% 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 such as EU-USMCA)
Rising demand for wireless and portable amplifiers
Driven by the popularity of Bluetooth speakers and wireless audio systems, manufacturers are focusing on compact, energy-efficient designs, boosting trade in consumer electronics markets.
2021-2023
Growth in automotive audio systems
Increasing integration of premium audio systems in electric and luxury vehicles has spurred demand for high-performance amplifiers, particularly in markets like the US and Europe.
2022
Shift towards energy-efficient and Class-D amplifiers
Environmental regulations and consumer preference for sustainable products are pushing manufacturers to innovate, impacting production costs and trade dynamics.
2020-2023
Ongoing trade tensions have led to additional tariffs on Chinese-made amplifiers imported to the US, prompting manufacturers to explore alternative production hubs like Vietnam and Malaysia.
Mid-2022
Increased production costs and potential supply chain diversification.
New EU regulations under the Green Deal mandate stricter energy efficiency standards for electronic devices, including amplifiers, affecting exporters to the European market.
January 2023
Higher compliance costs but long-term benefits for sustainable brands.
Major semiconductor companies have introduced next-generation amplifier chips with improved power efficiency and sound quality, driving demand in high-end audio markets.
Late 2022
Increased trade value due to higher product pricing and demand.