HS Code:
The category 'Having a video display diagonal not exceeding 34.29 cm' typically falls under HS Code 8528.72 or related subcategories, covering small-sized video display devices such as portable monitors, small TVs, or certain types of digital screens. These products are often used in personal electronics, automotive displays, or specialized equipment. This category is significant in global trade due to the widespread use of compact display technologies in consumer electronics and industrial applications.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.3%
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for compact displays in IoT devices
Increased production and export from tech-heavy economies like China and South Korea due to integration in smart home and wearable devices.
2021-2023
Shift towards OLED technology in small displays
Higher production costs but improved energy efficiency and display quality, driving premium market growth.
2022
Supply chain disruptions due to geopolitical tensions
Delays in raw material supply and increased costs, affecting trade volumes temporarily.
2022-2023
The United States adjusted tariffs on certain electronic components, including small video displays, as part of ongoing trade negotiations with China.
March 2023
Potential reduction in costs for US importers, though uncertainty remains regarding long-term agreements.
The European Union introduced stricter energy efficiency standards for electronic displays, impacting small video display imports.
July 2023
Manufacturers must adapt to new compliance requirements, potentially increasing production costs but benefiting eco-friendly producers.
South Korea announced significant investments in micro-LED technology for compact displays, aiming to capture a larger market share.
September 2023
Likely to boost South Korea's export volumes in the coming years, challenging competitors like China.