HS Code:
Coaxial connectors, classified under HS Code 8536.69, are electrical connectors designed for use with coaxial cables, primarily in applications requiring high-frequency signal transmission such as telecommunications, broadcasting, and networking equipment. These connectors ensure minimal signal loss and are critical components in industries like aerospace, automotive, and consumer electronics. They come in various types including BNC, SMA, and N-type connectors, catering to diverse technical requirements.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
UN Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising demand for 5G infrastructure
Increased need for high-frequency coaxial connectors in telecommunications equipment, driving market growth by 15% annually
2021-2023
Miniaturization of electronic devices
Shift towards smaller, high-performance connectors like SMA and MMCX, influencing R&D investments
2020-2022
Growth in automotive electronics
Surge in demand for coaxial connectors in vehicle infotainment and ADAS systems, expanding market by 10% in key regions
2022
A new phase of negotiations has led to a temporary reduction in tariffs on electronic components, including coaxial connectors, from 7.5% to 5% for Chinese exports to the US.
March 2023
Expected to boost trade volume by USD 50 million annually between the two countries.
The European Union has introduced stricter environmental regulations under the Green Deal, mandating sustainable materials in connector manufacturing.
January 2023
Manufacturers may face increased production costs, potentially raising prices by 3-5% in the EU market.
A leading Japanese firm announced a new line of ultra-low-loss coaxial connectors designed for 6G applications, promising better efficiency.
September 2022
Likely to set new industry standards and drive demand in high-tech sectors over the next 5 years.