HS Code:
The 'Compact, not exceeding 102 nm (301)' category typically refers to compact electronic components or integrated circuits under HS Code 8542.31, which includes processors and controllers with a feature size not exceeding 102 nanometers. These are critical in modern electronics, used in smartphones, computers, automotive systems, and IoT devices. This category is a cornerstone of the global semiconductor industry, driven by demand for smaller, faster, and more energy-efficient technology.
Total Trade Volume
USD 120 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
3.5%
Highest Rate
8.0% (imposed by certain developing economies)
Lowest Rate
0.0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising demand for 5G and AI applications
Increased production of advanced chips below 102 nm to support faster data processing and connectivity
2021-2023
Supply chain diversification
Countries and companies are investing in regional manufacturing hubs to reduce dependency on single suppliers like Taiwan
2022-2023
Technological miniaturization
Shift toward even smaller nodes (e.g., 5 nm and 3 nm), potentially reducing trade volume in the 102 nm category over time
2020-2023
The United States passed the CHIPS and Science Act, allocating USD 52 billion to boost domestic semiconductor manufacturing and research.
August 2022
Likely to increase US trade volume and reduce reliance on imports in this category over the next decade
TSMC, the world's leading semiconductor manufacturer, announced new fabs in the US and Japan to meet global demand for compact chips.
March 2023
Strengthens Taiwan's dominance while supporting supply chain resilience in key markets
The European Union launched the European Chips Act to double its share of global chip production to 20% by 2030.
February 2023
Potential increase in tariffs or incentives affecting trade flows into the EU for this category