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๐Ÿ“ฆ For concrete

For concrete

HS Code:

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Overview

The concrete category, classified under HS Code 6810 (Articles of cement, concrete, or artificial stone), includes products such as prefabricated structural components, tiles, flagstones, bricks, and other articles made from cement or concrete. This category is critical in the construction industry, supporting infrastructure development, residential, and commercial projects globally. Trade in this category is influenced by construction demand, raw material availability, and regional production capacities.

Total Trade Volume

USD 12.5 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.2%

Highest Rate

12% (imposed by certain developing countries to protect local industries)

Lowest Rate

0% (under free trade agreements like EU Single Market or USMCA)

Common Restrictions

  • Import quotas in some regions to protect domestic manufacturers
  • Quality and safety standards certification requirements
  • Anti-dumping duties on specific exporters (e.g., Chinese concrete products in the EU)
  • Environmental regulations on production processes

Market Trends

Rising demand for sustainable concrete products

Increased trade in eco-friendly and recycled concrete materials due to global push for green construction practices

2021-2023

Urbanization in developing economies

Significant growth in concrete product imports in regions like Sub-Saharan Africa and Southeast Asia to support infrastructure projects

2020-2022

Technological advancements in production

Adoption of automated and energy-efficient manufacturing processes has lowered costs, boosting export competitiveness of countries like Germany and China

2019-2022

Recent Developments

EU Imposes New Environmental Standards

The European Union introduced stricter environmental regulations for imported concrete products, requiring lower carbon footprints and sustainable sourcing of raw materials.

March 2023

This may increase production costs for exporters outside the EU, potentially shifting trade patterns toward regional suppliers.

US Infrastructure Bill Boosts Demand

The US passed a $1.2 trillion infrastructure bill, leading to a surge in demand for concrete products for roads, bridges, and public works projects.

November 2021

Increased imports from neighboring countries like Canada and Mexico, benefiting regional trade under USMCA.

Chinaโ€™s Belt and Road Initiative Expands

China continues to export large volumes of concrete products to support construction projects under the Belt and Road Initiative across Asia and Africa.

Ongoing as of 2023

Strengthens Chinaโ€™s position as the leading exporter while fostering trade ties with developing nations.