HS Code:
High-strength heat-treatable alloys, as described in statistical note 6 to this chapter, typically include specific aluminum alloys that can be strengthened through heat treatment processes. These alloys are widely used in industries such as aerospace, automotive, and construction due to their excellent strength-to-weight ratio, corrosion resistance, and durability. They often fall under HS Code 7604 (Aluminum bars, rods, and profiles) or related subcategories, depending on the specific composition and form. Global trade in these alloys is driven by demand for lightweight, high-performance materials in advanced manufacturing.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
International Trade Centre (ITC) Trade Map
Average Rate
5.2%
Highest Rate
15% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like USMCA or EU-Japan EPA)
Rising demand in aerospace and automotive sectors
Increased production and trade of high-strength alloys due to lightweighting trends for fuel efficiency and emissions reduction.
2021-2023
Shift towards sustainable production
Growing preference for alloys produced with lower carbon footprints, influencing supplier selection and trade flows.
2022-2023
Technological advancements in alloy compositions
Development of new heat-treatable alloys with enhanced properties drives competitive advantage for innovating countries like the US and Japan.
2020-2023
The United States introduced additional tariffs on Chinese aluminum products, including high-strength heat-treatable alloys, citing unfair trade practices and overcapacity.
March 2023
Potential shift in trade flows as US importers seek alternative suppliers from Europe or domestic sources.
The European Union’s Green Deal policies are pushing for stricter environmental standards in aluminum alloy production, affecting exporters to the EU market.
July 2023
Increased production costs for non-compliant exporters; opportunities for sustainable producers.
A Japanese research institute announced a new heat treatment process that enhances the strength of aluminum alloys by 20%, potentially revolutionizing applications in aerospace.
September 2023
Likely to boost Japan's export market share in high-value alloy segments.