HS Code:
The 'Bumpers and parts thereof' category, classified under HS Code 870810, includes protective components for motor vehicles, primarily designed to absorb impact during collisions and safeguard critical vehicle parts. This category encompasses bumpers made of various materials such as steel, aluminum, and plastic composites, as well as related components like reinforcements, brackets, and covers. These products are critical for vehicle safety and aesthetics, and are widely traded due to the global demand for automotive manufacturing and aftermarket repairs.
Total Trade Volume
USD 15.3 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
4.5%
Highest Rate
10% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Shift towards lightweight materials
Increased use of aluminum and plastic composites to improve fuel efficiency and meet emission standards, driving demand for innovative bumper designs.
2021-2023
Growth in electric vehicle (EV) market
Rising EV production has spurred demand for specialized bumpers tailored for aerodynamic efficiency and battery protection, reshaping supply chains.
2022-2023
Automation in manufacturing
Adoption of automated production lines and 3D printing for bumper components, reducing costs and improving customization, particularly in high-income markets.
2020-2023
The European Union introduced new regulations requiring bumpers to meet enhanced pedestrian safety criteria, necessitating redesigns by manufacturers.
January 2023
Increased production costs for exporters to the EU but also opens opportunities for innovation in safety-focused designs.
A revised trade agreement reduced tariffs on automotive parts, including bumpers, between the US and China, boosting bilateral trade in this category.
March 2023
Enhanced market access for Chinese exporters and lower costs for US importers, potentially increasing trade volume by 10-15%.
Mexico announced incentives for automotive part production, including bumpers, to strengthen its position as a key supplier under USMCA.
July 2023
Expected to increase Mexico’s export share, particularly to North American markets, by 5-8% over the next two years.