HS Code:
The 'Arrows and Arrow Parts' category, typically classified under HS Code 9506.99 (articles and equipment for general physical exercise, gymnastics, athletics, other sports or outdoor games), includes archery equipment such as arrows, arrowheads, shafts, and related components. This category serves both recreational and professional markets, with significant demand driven by archery as a sport, hunting, and traditional practices. Global trade in this category is influenced by the availability of raw materials (like carbon fiber and aluminum for modern arrows), manufacturing expertise, and cultural interest in archery.
Total Trade Volume
Approximately $150 million USD
Data from 2022
Source
UN Comtrade Database and ITC Trade Map
$45 million USD
30% of global trade of total trade
Increasing
$30 million USD
20% of global trade of total trade
Stable
$25 million USD
17% of global trade of total trade
Increasing
$15 million USD
10% of global trade of total trade
Stable
$10 million USD
7% of global trade of total trade
Decreasing
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising popularity of archery as a recreational sport
Increased demand for high-quality carbon fiber arrows, especially in North America and Europe
2021-2022
Shift towards sustainable materials
Growing interest in eco-friendly arrow shafts made from bamboo or recycled materials, influencing manufacturing practices
2020-2022
Technological advancements in arrow design
Introduction of precision-engineered arrows with enhanced aerodynamics, driving premium segment growth
2019-2022
The United States reduced tariffs on imported archery equipment from select countries under new trade agreements, boosting imports from South Korea and Japan.
March 2023
Expected to increase trade volume by 10-15% in the US market over the next two years.
The European Union introduced stricter safety regulations for arrowheads, requiring manufacturers to certify compliance with material safety standards.
January 2023
May increase production costs for exporters to the EU, potentially reducing smaller manufacturers’ market share.
China ramped up production of low-cost aluminum arrows, capturing a larger share of the global market, especially in developing regions.
October 2022
Intensified price competition, challenging premium manufacturers in the US and Europe.