HS Code:
The 'Exceeding 88 cm but not exceeding 113 cm' category typically refers to specific products under the Harmonized System (HS) Code, often related to textiles, apparel, or certain machinery parts with dimensions within this range. This category includes items such as certain types of fabric rolls, clothing articles, or equipment components that fall within the specified measurements. It is a niche segment in global trade, often tied to industries like fashion, manufacturing, or industrial equipment. Due to the specific size constraints, this category caters to specialized markets with unique demand patterns.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
World Trade Organization (WTO) and UN Comtrade Database
USD 450 million
37.5% of total trade
Increasing
USD 200 million
16.7% of total trade
Increasing
USD 150 million
12.5% of total trade
Stable
USD 100 million
8.3% of total trade
Decreasing
USD 80 million
6.7% of total trade
Increasing
Average Rate
8.5%
Highest Rate
15% (applied by certain developing countries to protect local industries)
Lowest Rate
2% (under free trade agreements like EU-USMCA)
Rising demand for sustainable materials
Increased trade in eco-friendly products within this size range, especially in apparel and textiles, as consumers and regulations push for sustainability.
2021-2022
Automation in manufacturing
Growth in trade of precision components within this size category due to automation and demand for standardized parts in industrial sectors.
2020-2022
Shift to e-commerce platforms
Direct-to-consumer models have boosted small-scale imports and exports of apparel and related goods in this category, especially in developed markets.
2019-2022
The European Union revised tariffs on textile imports within this size category to promote fair competition and sustainability, imposing stricter environmental compliance standards.
June 2023
Potential increase in costs for non-compliant exporters, while benefiting sustainable producers.
A recent phase of the US-China trade agreement reduced tariffs on certain industrial components within this size range, fostering increased bilateral trade.
March 2023
Boost in trade volume between the two countries, particularly benefiting Chinese exporters.
India introduced a new export incentive for textile products, including those in the 88-113 cm range, to capture a larger share of the global market.
January 2023
Expected growth in Indiaโs export volume, potentially challenging competitors like Bangladesh and Vietnam.