HS Code:
The category 'Capable of directly connecting to and designed for use with an automatic data processing machine of heading 8471' (likely under HS Code 8473.30 or related subheadings) includes parts and accessories specifically designed for use with computers and other data processing equipment. This encompasses items such as motherboards, graphics cards, power supply units, and other components that are integral to the operation of automatic data processing machines. These products are critical in the technology sector, supporting industries ranging from personal computing to large-scale data centers.
Total Trade Volume
USD 150 billion
Data from 2022
Source
World Trade Organization (WTO) and International Trade Centre (ITC) Trade Map
Average Rate
3.5%
Highest Rate
8% (applied by certain developing economies)
Lowest Rate
0% (under free trade agreements like the Information Technology Agreement - ITA)
Rising demand for high-performance computing components
Increased trade volume for graphics cards and processors due to growth in gaming, AI, and data centers
2021-2022
Shift towards localized production
Countries are incentivizing domestic manufacturing to reduce dependency on imports, impacting global trade flows
2022
Supply chain disruptions
Semiconductor shortages have constrained production and trade of computer components
2020-2022
Additional countries have joined the ITA, reducing tariffs on IT products including components for data processing machines.
July 2023
Expected to boost trade by reducing costs for exporters and importers in participating countries.
Ongoing trade disputes have led to additional tariffs on Chinese-made computer components entering the US market.
March 2023
Increased costs for US consumers and potential shifts in supply chains to other countries like Vietnam and Taiwan.
New production facilities and investments in semiconductor manufacturing are beginning to alleviate supply constraints.
September 2023
Improved availability of critical components is expected to stabilize trade volumes in this category.