HS Code:
The category 'Assembled with outer housing or supports, for the goods of headings 8421, 8422, 8450 or 8516' (often classified under HS Code 8418.99 or related subheadings depending on specific product details) pertains to components or assemblies used in machinery such as refrigerating or freezing equipment (8421), dishwashing machines (8422), household or laundry-type washing machines (8450), and household appliances like microwave ovens or other cooking equipment (8516). These are typically structural or supportive parts that are integral to the functionality of the final product, often customized for specific machinery types. This category plays a critical role in the global supply chain for household and industrial appliances, reflecting advancements in manufacturing and modular design.
Total Trade Volume
Approximately $2.5 billion USD
Data from 2022
Source
United Nations Comtrade Database & World Trade Organization (WTO)
$800 million USD
32% of total trade of total trade
Increasing
$450 million USD
18% of total trade of total trade
Stable
$300 million USD
12% of total trade of total trade
Increasing
$250 million USD
10% of total trade of total trade
Increasing
$200 million USD
8% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing economies for protective measures)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for energy-efficient appliance components
Increased trade in eco-friendly and modular designs that comply with global sustainability standards, driving innovation in outer housing materials.
2021-2023
Shift towards localized supply chains
Due to geopolitical tensions and supply chain disruptions, manufacturers are sourcing components closer to assembly hubs, impacting traditional trade flows.
2020-2022
Automation in manufacturing processes
Adoption of advanced manufacturing technologies has reduced production costs, increasing competitiveness of certain regions like East Asia.
2019-2023
The European Union introduced stricter environmental regulations under the Green Deal, mandating sustainable materials in appliance components like outer housings.
January 2023
Manufacturers exporting to the EU must adapt to new material standards, potentially increasing costs but also opening markets for eco-friendly innovations.
Phase 1 of the US-China trade agreement reduced tariffs on certain appliance components, including those under this category, to stabilize bilateral trade.
October 2022
Reduced costs for US importers of Chinese components, boosting trade volume temporarily while negotiations for further phases continue.
Ongoing global shipping bottlenecks have delayed deliveries of outer housing components, affecting appliance manufacturers worldwide.
Mid-2022
Increased costs and production delays for manufacturers reliant on just-in-time supply chains, prompting a reevaluation of sourcing strategies.