HS Code:
Flat resistor chips, classified under HS Code 8533.21, are fixed electrical resistors with a power handling capacity not exceeding 20W, typically used in electronic circuits for current limiting, voltage division, and protection. These components are integral to various industries including consumer electronics, automotive, telecommunications, and industrial automation. They are valued for their compact size, precision, and reliability in surface-mount technology (SMT) applications.
Total Trade Volume
USD 4.2 billion
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Rising demand for miniaturized electronics
Increased production of flat resistor chips for smartphones, wearables, and IoT devices, driving trade volume up by 8% annually.
2021-2022
Shift towards electric vehicles (EVs)
Growing need for resistors in EV battery management systems and power electronics, boosting demand in automotive sectors by 12%.
2022
Supply chain disruptions
Semiconductor shortages and geopolitical tensions have led to a 5% increase in production costs and delays in trade.
2021-2022
The United States imposed additional tariffs on Chinese electronic components, including flat resistor chips, as part of ongoing trade disputes.
March 2022
Increased costs for US importers by 7-10%, prompting a shift towards alternative suppliers in South Korea and Japan.
New EU regulations under the Green Deal mandate stricter environmental standards for electronic components, including RoHS and REACH compliance for resistors.
July 2022
Non-compliant exporters face market access restrictions, pushing manufacturers to adopt eco-friendly production processes.
Introduction of thin-film flat resistor chips with higher precision and lower power consumption by major Japanese and South Korean firms.
September 2022
Enhanced competitiveness of high-tech producers, likely increasing their market share by 5% over the next two years.