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📦 For a voltage exceeding 1,000 V

For a voltage exceeding <il>1,000 V</il>

HS Code:

📦

Overview

The category 'For a voltage exceeding 1,000 V' (likely falling under HS Code 8535 or related codes) includes electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits, designed for use in systems with a voltage exceeding 1,000 volts. This category encompasses high-voltage equipment such as circuit breakers, isolators, and surge arresters, which are critical for power transmission and distribution systems. These products are essential for industrial, utility, and infrastructure projects globally, driven by the demand for reliable electricity grids and renewable energy integration.

Total Trade Volume

USD 15.2 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.2% ad valorem

Highest Rate

12% (applied by certain developing countries)

Lowest Rate

0% (under free trade agreements like EU-Japan EPA)

Common Restrictions

  • Import licensing requirements in some countries for safety compliance
  • Technical standards and certification (e.g., IEC standards)
  • Anti-dumping duties in specific markets
  • Local content requirements for government procurement

Market Trends

Growing demand for renewable energy infrastructure

Increased need for high-voltage equipment in wind and solar farms drives trade volume, particularly in Europe and Asia-Pacific.

2021-2023

Digitalization of power grids

Rising adoption of smart grid technologies boosts demand for advanced high-voltage switching and protection devices.

2020-2022

Supply chain disruptions due to geopolitical tensions

Trade flows affected by export controls and raw material shortages, leading to price volatility.

2022

Recent Developments

EU Green Deal Initiatives

The European Union has allocated significant funding under the Green Deal for upgrading high-voltage transmission networks to support renewable energy integration.

March 2023

Expected to increase demand for high-voltage equipment, benefiting exporters like Germany and France.

US-China Trade Tensions

Ongoing trade disputes have led to additional tariffs on Chinese high-voltage equipment entering the US market, prompting supply chain diversification.

January 2023

US importers are shifting to suppliers in Europe and Southeast Asia, altering trade patterns.

India’s Power Grid Modernization

India announced a USD 30 billion investment in modernizing its power grid, with a focus on high-voltage infrastructure to reduce transmission losses.

July 2023

Significant opportunities for exporters, with China and Germany likely to benefit due to established market presence.