HS Code:
Class 1.4G (Class C) under the Harmonized System (HS) Code generally pertains to explosives, specifically fireworks, pyrotechnic articles, and certain types of ammunition that pose a minor explosion hazard. These items are categorized under dangerous goods and are subject to strict regulations due to safety and security concerns. This category includes consumer fireworks and other low-hazard explosive devices that are commonly used for entertainment or signaling purposes. Global trade in this category is influenced by cultural demand (e.g., festivals and celebrations), regulatory frameworks, and safety standards.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
$800 million USD
66.7% of total trade of total trade
Increasing
$150 million USD
12.5% of total trade of total trade
Stable
$50 million USD
4.2% of total trade of total trade
Increasing
$40 million USD
3.3% of total trade of total trade
Stable
$30 million USD
2.5% of total trade of total trade
Increasing
Average Rate
6.5% ad valorem
Highest Rate
15% (imposed by certain countries with strict safety regulations)
Lowest Rate
0% (under free trade agreements or for specific safety-compliant goods)
Rising demand for eco-friendly fireworks
Increased innovation in low-smoke and biodegradable pyrotechnics, shifting production focus in major exporting countries like China.
2021-2023
Stricter safety regulations in developed markets
Reduced imports in regions like the EU due to compliance costs, benefiting local manufacturers with certified products.
2020-2022
Seasonal spikes during cultural festivals
Significant trade volume increases during events like Diwali in India and Independence Day in the US, driving short-term export surges.
Annual
The European Union introduced stricter safety and environmental standards for imported fireworks under Class 1.4G, requiring additional certifications and testing.
June 2023
Increased compliance costs for exporters like China and India, potentially reducing trade volume to the EU by 10-15% in the short term.
A bilateral agreement eased certain tariff barriers on Class 1.4G goods, provided they meet US safety standards, boosting trade between the two nations.
March 2022
Enhanced market access for Chinese fireworks in the US, contributing to a 5% rise in import volume.
India launched incentives for local fireworks manufacturers to reduce dependency on imports and promote sustainable production practices.
October 2022
Potential decrease in imports by 8-10% over the next few years, strengthening domestic market share during festivals like Diwali.