HS Code:
Christmas ornaments, classified under HS Code 9505.10, include decorative items specifically designed for Christmas celebrations, such as tree ornaments, nativity scenes, and festive figurines. This category encompasses a wide range of materials, including glass, plastic, metal, and wood, and is a seasonal product with significant demand peaking in the last quarter of the year. The global trade of Christmas ornaments is driven by cultural traditions, consumer spending on holiday decor, and manufacturing capabilities in key exporting countries.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 2.1 billion
65.6% of total trade of total trade
Increasing
USD 0.3 billion
9.4% of total trade of total trade
Increasing
USD 0.2 billion
6.3% of total trade of total trade
Stable
USD 0.15 billion
4.7% of total trade of total trade
Stable
USD 0.1 billion
3.1% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for eco-friendly ornaments
Increased production of sustainable materials like recycled glass and biodegradable plastics, influencing sourcing and pricing strategies
2021-2023
Shift towards personalized and handmade ornaments
Growth in niche markets and small-scale exporters, particularly in Europe and North America, leading to higher unit prices
2020-2022
Supply chain diversification
Post-COVID-19, importers are sourcing from multiple countries like Vietnam and India to reduce reliance on China, affecting trade volumes
2021-2023
The United States maintained Section 301 tariffs on Chinese Christmas ornaments at 25% for specific categories, prompting importers to explore alternative suppliers.
September 2022
Increased costs for US consumers and a shift in trade flows towards Southeast Asian countries
The EU introduced stricter regulations under the Green Deal, mandating sustainability certifications for imported holiday decorations.
January 2023
Higher compliance costs for exporters, particularly smaller manufacturers, but a boost for eco-friendly product lines
Vietnam has seen a surge in Christmas ornament exports due to competitive labor costs and trade agreements like the EVFTA with the EU.
Mid-2022
Redistribution of market share, challenging China's dominance in low-cost production