HS Code:
The category of illuminated signs, illuminated name-plates, and similar articles (HS Code: 9405.60) includes products used for advertising, branding, or informational purposes in commercial and public spaces. These items often incorporate lighting elements such as LED, neon, or fluorescent bulbs to enhance visibility. They are widely used in retail, hospitality, and transportation sectors for signage and wayfinding. This category covers a variety of materials, including plastic, metal, and glass, and is characterized by a blend of design innovation and energy efficiency trends.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
37.5% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Increasing
USD 80 million
6.7% of total trade of total trade
Stable
Average Rate
5.8% ad valorem
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Shift to LED technology
Increased demand for energy-efficient illuminated signs, reducing operational costs and aligning with sustainability goals.
2020-2022
Growth in digital signage
Rising adoption of programmable and dynamic illuminated signs in retail and advertising, driving innovation in the sector.
2021-2023
Urbanization in emerging markets
Higher demand for signage in growing cities across Asia and Africa, boosting export opportunities for major producers.
2019-2022
The European Union updated its energy labeling requirements for illuminated signs, mandating stricter efficiency standards and eco-design criteria.
March 2023
Manufacturers must adapt to new compliance costs, potentially increasing prices in the short term but fostering long-term sustainability.
The United States reduced tariffs on certain illuminated sign components from China as part of trade negotiations, easing supply chain costs.
July 2022
Improved affordability for US importers and consumers, with a potential increase in Chinese market share.
Major manufacturers introduced IoT-enabled illuminated signs with remote control and data analytics features at the 2023 CES trade show.
January 2023
Expected to drive demand for high-tech signage solutions, creating a premium segment in the market.