HS Code:
The 32.768 kHz category typically refers to quartz crystal oscillators or tuning fork crystals, which are widely used in electronic devices for timekeeping functions, such as in watches, clocks, and real-time clock (RTC) circuits in computers and other devices. These components are critical for maintaining accurate timing in low-power applications. This category falls under HS Code 854160, which covers mounted piezoelectric crystals. Global trade in this category is driven by the demand for consumer electronics, automotive electronics, and IoT devices.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
4.5%
Highest Rate
10% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements such as USMCA and EU-Japan EPA)
Rising demand for IoT devices
Increased need for low-power timing components like 32.768 kHz crystals in smart home and wearable devices
2022
Miniaturization of electronics
Manufacturers are developing smaller and more efficient crystals to fit compact devices, driving innovation
2021
Supply chain disruptions
Shortages of raw materials and logistical challenges have led to price increases and delayed deliveries
2020-2022
A major Chinese manufacturer announced the opening of a new facility dedicated to producing 32.768 kHz crystals, aiming to meet growing global demand.
March 2023
Expected to increase supply and stabilize prices in the short term
The European Union introduced new certification requirements for imported electronic components, including piezoelectric crystals, to ensure quality and safety.
January 2023
May increase compliance costs for exporters to the EU, potentially affecting trade volumes
Recent negotiations between the US and China included discussions on reducing tariffs for electronic components, potentially benefiting the 32.768 kHz category.
October 2022
Could lead to lower costs and increased trade between the two countries if finalized