HS Code:
The category 'Exceeding 75 kW but under 149.2 kW' typically pertains to machinery or engines, often including electric motors, generators, or internal combustion engines within this power range. These products are widely used in industrial applications, construction equipment, and power generation systems. This HS code segment (though not specified explicitly in the query, it is assumed to align with categories like 8501 or 8407-8408 for engines and motors) represents a critical component of global industrial supply chains, with demand driven by manufacturing, energy, and infrastructure development.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 2.8 billion
22.4% of total trade of total trade
Increasing
USD 2.1 billion
16.8% of total trade of total trade
Stable
USD 1.9 billion
15.2% of total trade of total trade
Increasing
USD 1.3 billion
10.4% of total trade of total trade
Stable
USD 0.9 billion
7.2% of total trade of total trade
Decreasing
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing economies)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Shift toward energy-efficient engines
Increased demand for products meeting stricter environmental regulations, boosting innovation in hybrid and electric alternatives within this power range.
2021-2022
Rising infrastructure projects in Asia-Pacific
Higher demand for machinery and engines in this power category for construction and industrial applications, particularly in China and India.
2020-2022
Supply chain disruptions
Delays in production and delivery due to global logistics challenges and raw material shortages, impacting trade volumes temporarily.
2021-2022
The European Union introduced stricter emission standards under the Green Deal, affecting engines in the 75-149.2 kW range, mandating lower carbon outputs.
March 2022
Manufacturers are investing in R&D for compliant products, potentially increasing costs but opening markets for eco-friendly engines.
A new phase of trade negotiations reduced tariffs on industrial machinery, including this category, fostering greater bilateral trade.
January 2023
Expected to boost exports from China to the US, potentially shifting market shares among top exporters.
Ongoing shortages of semiconductors have impacted the production of electronic components in engines and machinery in this power range.
Mid-2022
Temporary reduction in output and trade volume, with recovery expected in late 2023 as supply chains stabilize.