HS Code:
The 'Fabrics of Carbon Fibers' category, classified under HS Code 6815, encompasses woven fabrics made primarily from carbon fibers. These materials are known for their high strength-to-weight ratio, resistance to corrosion, and thermal stability, making them critical in industries such as aerospace, automotive, renewable energy (e.g., wind turbine blades), and sporting goods. Carbon fiber fabrics are often used as reinforcement materials in composites, combined with resins to create lightweight, durable products. Global trade in this category is driven by demand for advanced materials in high-performance applications, with significant production and innovation centered in technologically advanced economies.
Total Trade Volume
Approximately USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
USD 650 million
26% of total trade of total trade
Increasing
USD 500 million
20% of total trade of total trade
Stable
USD 400 million
16% of total trade of total trade
Increasing
USD 350 million
14% of total trade of total trade
Increasing
USD 200 million
8% of total trade of total trade
Stable
Average Rate
6.5% ad valorem
Highest Rate
12% (imposed by certain developing countries on imports to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as USMCA or EU-Japan EPA)
Growing demand in aerospace and automotive sectors
Increased trade volume as manufacturers seek lightweight materials to improve fuel efficiency and reduce emissions
2021-2023
Rise of sustainable production methods
Shift toward recycled carbon fibers and eco-friendly resins, influencing trade patterns with higher costs but growing market acceptance
2022-2023
Expansion of wind energy applications
Boost in demand for carbon fiber fabrics for turbine blades, particularly in Europe and Asia, driving export growth from key producers
2020-2023
The United States imposed additional tariffs on Chinese carbon fiber products as part of ongoing trade tensions, citing unfair subsidies to Chinese manufacturers.
March 2023
Shift in supply chains, with US importers exploring alternative suppliers in Japan and South Korea, potentially increasing costs.
The European Union introduced stricter regulations on carbon fiber production under the Green Deal, promoting sustainable practices and recycling.
July 2023
Increased production costs for EU manufacturers but enhanced market access for compliant exporters, influencing global trade dynamics.
Japanese firms unveiled new low-cost carbon fiber production techniques, aiming to capture a larger share of the global market.
September 2023
Potential reduction in global prices and increased competition, benefiting importing countries and industries reliant on carbon fiber fabrics.