HS Code:
Extension cords, as defined under statistical note 6 of the Harmonized System (HS) Code chapter (typically classified under HS Code 8544.42 or 8544.49 for insulated electric conductors with connectors), are electrical cables with a plug on one end and one or more sockets on the other, used to extend the reach of electrical power from a fixed outlet to portable devices or equipment. These products are essential in households, offices, and industrial settings for powering devices where fixed outlets are inaccessible. They vary in length, capacity (amperage/voltage), and design (indoor/outdoor use, surge protection, etc.), and are subject to safety standards and regulations globally.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
USD 1.2 billion
48% of total trade of total trade
Increasing
USD 400 million
16% of total trade of total trade
Stable
USD 250 million
10% of total trade of total trade
Increasing
USD 200 million
8% of total trade of total trade
Increasing
USD 150 million
6% of total trade of total trade
Stable
Average Rate
5.2% ad valorem
Highest Rate
15% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA or EU single market)
Rising demand for smart extension cords
Increased integration of IoT features like remote control and energy monitoring drives innovation and higher price points in developed markets.
2021-2023
Shift towards sustainable materials
Manufacturers are adopting eco-friendly insulation materials and recyclable packaging to comply with environmental regulations, especially in the EU.
2022-2023
Growth in e-commerce sales channels
Online retail platforms have boosted accessibility and competition, reducing prices for consumers but pressuring smaller manufacturers.
2020-2023
The United States extended Section 301 tariffs on Chinese-made electrical goods, including extension cords, citing unfair trade practices.
May 2023
Increased costs for US importers and consumers; potential shift of supply chains to Vietnam and Mexico.
The European Union updated its Low Voltage Directive (LVD) requirements for electrical equipment, mandating stricter testing for extension cords.
January 2023
Higher compliance costs for exporters to the EU but improved product safety standards.
Global demand for extension cords surged due to increased home office setups and DIY projects during and after the COVID-19 pandemic.
Late 2021 - 2022
Boosted trade volumes, particularly for mid-range and smart extension cords in North America and Europe.