HS Code:
The Files, Rasps, and Similar Tools category (HS Code: 8203) includes hand tools used for shaping, smoothing, or cutting materials such as metal, wood, or plastic. This category encompasses a range of products like files, rasps, pliers, pincers, tweezers, metal cutting shears, pipe-cutters, bolt croppers, perforating punches, and similar hand tools. These tools are essential in industries such as construction, manufacturing, automotive repair, and craftsmanship. Global trade in this category reflects demand for precision tools driven by industrial activity and infrastructure development.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 1.1 billion
34.4% of total trade of total trade
Increasing
USD 450 million
14.1% of total trade of total trade
Stable
USD 380 million
11.9% of total trade of total trade
Stable
USD 250 million
7.8% of total trade of total trade
Decreasing
USD 200 million
6.3% of total trade of total trade
Increasing
Average Rate
5.8% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Shift toward high-precision tools
Increased demand for specialized files and rasps in automotive and aerospace industries, driving innovation and higher value exports.
2021-2022
Growth in emerging markets
Rising industrial activity in countries like India and Vietnam has boosted demand for affordable hand tools, benefiting low-cost exporters.
2020-2022
Sustainability focus
Manufacturers adopting eco-friendly production processes and recyclable materials to meet regulatory and consumer demands.
2022
The United States imposed additional tariffs on Chinese hand tools, including files and rasps, citing unfair trade practices and overcapacity.
March 2023
Increased costs for US importers, potential shift in sourcing to other countries like India or Vietnam.
The European Union introduced stricter environmental standards for hand tool manufacturing, requiring lower carbon footprints and sustainable materials.
July 2023
Higher compliance costs for exporters to the EU, but potential market advantage for eco-certified producers.
India launched incentives for hand tool exporters under the โMake in Indiaโ initiative to boost competitiveness in global markets.
January 2023
Increased export volumes from India, challenging dominance of traditional exporters like China.