HS Code:
Heading 6103 (433) of the Harmonized System (HS) Code pertains to men's or boys' suits, ensembles, jackets, blazers, trousers, bib and brace overalls, breeches, and shorts, knitted or crocheted. Specifically, jackets and blazers in this category are tailored garments typically made from knitted or crocheted fabrics, distinct from woven materials. These products are widely used for formal and casual wear across various demographics and are a significant segment of the global apparel market. The category excludes non-knitted or non-crocheted jackets and blazers, which fall under different HS codes.
Total Trade Volume
Approximately $5.2 billion USD
Data from 2022
Source
United Nations Comtrade Database & World Trade Organization (WTO)
$1.8 billion USD
34.6% of total trade of total trade
Increasing
$850 million USD
16.3% of total trade of total trade
Increasing
$620 million USD
11.9% of total trade of total trade
Increasing
$400 million USD
7.7% of total trade of total trade
Stable
$350 million USD
6.7% of total trade of total trade
Stable
Average Rate
12.5% ad valorem
Highest Rate
35% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements such as EU-Vietnam FTA or USMCA)
Growing demand for sustainable and eco-friendly materials
Increased production of jackets and blazers made from organic cotton and recycled fibers, driving up costs but also market share in eco-conscious regions like the EU.
2021-2023
Shift towards casual and hybrid workwear
Rise in demand for versatile blazers suitable for both office and casual settings, boosting exports from countries like Bangladesh and Vietnam.
2020-2022
Digitalization of supply chains
Adoption of e-commerce and digital platforms for trade, benefiting exporters with strong online presence and logistics, such as China and Turkey.
2021-2023
The EVFTA, fully implemented in 2020, has reduced tariffs on Vietnamese apparel exports to the EU, including jackets and blazers under HS 6103, to 0% over a phased period.
August 2020 - Ongoing
Significant increase in Vietnamโs market share in the EU, challenging traditional exporters like China.
Ongoing trade tensions have led to additional tariffs on Chinese apparel, including knitted jackets and blazers, under Section 301 of the US Trade Act.
2019 - Ongoing
Diversification of sourcing by US importers to countries like Bangladesh and Vietnam, slightly reducing Chinaโs dominance.
The EU introduced stricter regulations under the European Green Deal, mandating transparency in supply chains and sustainable production practices for apparel imports.
March 2022
Increased compliance costs for exporters but also opportunities for those adopting green practices, particularly in Turkey and Italy.