HS Code:
The 'Exhibition or use at any public exposition, fair or conference' category typically falls under specific Harmonized System (HS) codes related to temporary imports for display or use at exhibitions, fairs, or conferences (often under HS Chapter 98 for special classification provisions or specific codes like 9813.00 for temporary importation under bond in the US). This category includes goods such as promotional materials, display equipment, machinery, and products showcased at trade shows or public events. These items are generally imported under temporary admission procedures with the intent of re-exportation after the event, often exempt from duties under international agreements like the ATA Carnet system.
Total Trade Volume
Estimated at $10 billion USD annually (specific to temporary imports for exhibitions and fairs)
Data from 2022
Source
World Customs Organization (WCO) and International Trade Centre (ITC) estimates
$2.5 billion USD
25% of total trade of total trade
Increasing
$1.8 billion USD
18% of total trade of total trade
Stable
$1.5 billion USD
15% of total trade of total trade
Increasing
$1.0 billion USD
10% of total trade of total trade
Stable
$0.8 billion USD
8% of total trade of total trade
Decreasing
Average Rate
0% (most countries offer duty-free temporary admission under carnet systems or customs regulations)
Highest Rate
5% (in certain non-signatory countries to ATA Carnet or without bilateral agreements)
Lowest Rate
0% (under ATA Carnet or temporary importation agreements)
Growth in international trade shows and expositions
Increased demand for temporary importation of high-value goods like tech equipment and machinery for display, driving trade volume growth by 5% annually.
2022
Digitalization of customs processes
Streamlined temporary importation procedures through e-carnet systems and digital documentation, reducing delays and costs by 15% in participating countries.
2021
Post-COVID recovery in global events
A surge in physical trade fairs and conferences after pandemic restrictions lifted, boosting trade volume by 20% compared to 2020 levels.
2022
Several new countries, including emerging markets in Africa and Asia, joined the ATA Carnet system, facilitating duty-free temporary imports for exhibitions.
January 2023
Expected to increase trade volume by 3% in these regions by simplifying customs procedures.
The European Union updated its temporary importation rules to include stricter documentation for high-value goods at exhibitions to prevent fraud.
March 2023
May cause minor delays for exhibitors but enhances transparency in trade.
Bilateral discussions between the US and China led to eased restrictions on temporary imports for major trade expos in both countries.
September 2022
Boosted participation in cross-border events, increasing trade volume by $200 million USD in this category.