HS Code:
The 'Exceeding 14 nm but not exceeding 43 nm (301)' category typically relates to specific semiconductor or nanotechnology products, often used in electronics manufacturing. This category falls under the Harmonized System (HS) Code structure, likely within Chapter 85 (Electrical machinery and equipment). Products in this range are critical for producing advanced integrated circuits and microchips, integral to modern technology such as smartphones, computers, and automotive systems. The 'nm' measurement refers to nanometers, indicating the size of the technology node in semiconductor fabrication, which directly correlates with performance and efficiency.
Total Trade Volume
USD 45.7 billion
Data from 2022
Source
United Nations Comtrade Database
USD 18.3 billion
40.0% of total trade of total trade
Increasing
USD 10.2 billion
22.3% of total trade of total trade
Increasing
USD 6.8 billion
14.9% of total trade of total trade
Stable
USD 5.1 billion
11.2% of total trade of total trade
Decreasing
USD 3.9 billion
8.5% of total trade of total trade
Increasing
Average Rate
4.2%
Highest Rate
8.5% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising demand for smaller node semiconductors
Increased investment in R&D for sub-14 nm technologies, driving trade in the 14-43 nm range as a transitional category
2021-2022
Geopolitical tensions impacting supply chains
Disruptions in trade flows due to export restrictions on advanced tech by the US and allies, pushing diversification of supply chains
2022
Growth in automotive and IoT applications
Higher demand for mid-range node semiconductors (14-43 nm) in non-consumer electronics, stabilizing trade volumes
2020-2022
The US government passed the CHIPS and Science Act, allocating billions to boost domestic semiconductor production and imposing stricter export controls on advanced technologies to China.
August 2022
Shift in trade patterns as US-based firms reduce reliance on Asian manufacturing; potential increase in domestic trade volume.
Taiwan Semiconductor Manufacturing Company (TSMC), a leader in this category, announced new fabrication plants in the US and Japan to meet global demand and mitigate geopolitical risks.
November 2022
Strengthens Taiwan’s dominance in trade volume while diversifying production locations, potentially stabilizing supply chains.
The European Union launched a strategy to double its share of global semiconductor production by 2030, focusing on mid-range nodes like 14-43 nm for industrial applications.
February 2022
Expected increase in EU imports and exports in this category as production ramps up, influencing global trade dynamics.