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📦 Exceeding 735 W but under 746 W

Exceeding <il>735 W</il> but under <il>746 W</il>

HS Code:

📦

Overview

The category 'Exceeding 735 W but under 746 W' typically relates to electrical machinery or equipment, such as motors or generators, with a power rating in the specified range. This category falls under the Harmonized System (HS) Code structure, likely within Chapter 85 (Electrical Machinery and Equipment). Products in this category are used in industrial, commercial, and sometimes residential applications, requiring specific power outputs for niche machinery or systems. The trade of such products is influenced by industrial demand, energy efficiency standards, and technological advancements in electrical engineering.

Total Trade Volume

USD 1.2 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.2%

Highest Rate

12% (imposed by certain developing nations)

Lowest Rate

0% (under free trade agreements like EU-USMCA)

Common Restrictions

  • Import quotas in select markets
  • Technical standards compliance (e.g., IEC standards)
  • Energy efficiency certification requirements
  • Anti-dumping duties in specific regions

Market Trends

Rising demand for energy-efficient motors

Increased trade volume as industries upgrade to meet global sustainability standards

2021-2022

Shift towards automation and smart machinery

Higher demand for specialized electrical equipment in this power range for automated systems

2020-2022

Supply chain disruptions due to geopolitical tensions

Temporary reduction in trade volume and increased costs due to raw material shortages

2022

Recent Developments

EU Implements Stricter Energy Efficiency Regulations

The European Union introduced new regulations mandating higher energy efficiency for electrical machinery, including those in the 735-746 W range, to meet carbon neutrality goals.

March 2023

Expected increase in demand for compliant products, potentially benefiting EU manufacturers and exporters

US-China Trade Agreement Update

A recent bilateral agreement reduced tariffs on specific electrical machinery categories, including this power range, to ease trade tensions.

January 2023

Likely to boost trade volume between the two countries, with China increasing exports to the US

Global Semiconductor Shortage Impact

The ongoing semiconductor shortage has affected the production of electrical machinery components, leading to delays in manufacturing and export.

October 2022

Temporary reduction in trade volume and increased prices for end consumers