HS Code:
Articles for the General Services Administration (GSA) category typically include a wide range of products and services procured by government agencies for administrative, operational, and infrastructural purposes. While not directly tied to a specific HS Code (as HS Codes are product-specific and GSA procurement often spans multiple categories), this category can encompass office supplies, furniture, IT equipment, vehicles, and professional services under government contracts. This response provides a generalized overview of goods and services commonly associated with GSA schedules, focusing on global trade patterns for government procurement-related products.
Total Trade Volume
USD 50 billion (estimated for government procurement-related goods and services)
Data from 2022
Source
Derived from WTO, UN Comtrade, and national procurement data reports
USD 25 billion
50% of total trade of total trade
Increasing
USD 5 billion
10% of total trade of total trade
Stable
USD 4 billion
8% of total trade of total trade
Increasing
USD 3 billion
6% of total trade of total trade
Stable
USD 2.5 billion
5% of total trade of total trade
Decreasing
Average Rate
3.5% (weighted average across related product categories)
Highest Rate
15% (on specific IT hardware and specialized equipment in certain markets)
Lowest Rate
0% (under free trade agreements or government procurement agreements like WTO GPA)
Increased demand for sustainable and green products
Government procurement policies are prioritizing eco-friendly office supplies and energy-efficient equipment, driving market shifts towards sustainable manufacturers.
2021-2023
Digital transformation in procurement processes
Rising adoption of e-procurement platforms for GSA-like contracts globally, increasing demand for IT services and cybersecurity solutions.
2020-2023
Supply chain diversification
Post-pandemic focus on reducing dependency on single-country suppliers for critical goods like medical supplies and IT hardware, impacting trade flows.
2021-2023
The U.S. General Services Administration introduced new guidelines prioritizing sustainable products in federal procurement, influencing global suppliers to adapt to green standards.
April 2023
Increased market opportunities for eco-friendly product manufacturers; potential cost increases for non-compliant suppliers.
Several countries revised commitments under the WTO GPA, easing market access for foreign suppliers in government contracts, including GSA-like categories.
October 2022
Enhanced competition in government procurement markets; reduced tariffs and barriers for participating countries.
New regulations in multiple countries require stricter cybersecurity compliance for IT products and services used in government operations.
January 2023
Higher compliance costs for suppliers; potential market exclusion for non-compliant firms.