HS Code:
Combined input/output units under HS Code 8471.60 refer to devices that function as both input and output units for automatic data processing machines. This category includes devices such as touchscreen monitors, multifunction printers with scanning capabilities, and other hybrid peripherals that can both receive and transmit data. These products are integral to modern computing and office environments, bridging the gap between user interaction and machine output.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 4.8 billion
38.4% of total trade of total trade
Increasing
USD 2.1 billion
16.8% of total trade of total trade
Stable
USD 1.3 billion
10.4% of total trade of total trade
Increasing
USD 1.0 billion
8.0% of total trade of total trade
Decreasing
USD 0.9 billion
7.2% of total trade of total trade
Increasing
Average Rate
3.5%
Highest Rate
8.0% (imposed by certain developing countries)
Lowest Rate
0.0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising demand for multifunctional devices
Increased production and export from manufacturing hubs like China and South Korea due to growing adoption in remote work and education sectors.
2021-2022
Shift towards sustainable electronics
Manufacturers face pressure to comply with environmental regulations, impacting production costs and trade flows in regions with strict policies like the EU.
2020-2022
Technological advancements in touch and display tech
Higher value products entering the market, boosting trade value but reducing volume in lower-end segments.
2019-2022
Phase One trade agreement has led to a temporary reduction in tariffs on combined input/output units exported from China to the US, fostering increased trade volume.
January 2022
Positive for Chinese exporters; US consumers benefit from lower costs.
New EU regulations under the Green Deal mandate stricter recycling and energy efficiency standards for electronic devices, including combined input/output units.
March 2022
Increased compliance costs for exporters to the EU; potential market access barriers for non-compliant manufacturers.
Ongoing global semiconductor shortages have impacted the production of combined input/output units, leading to reduced export volumes from key players like Japan.
Mid-2022
Higher prices and delayed shipments globally; potential shift to alternative suppliers.