HS Code:
The category 'Knives and cutting blades, for machines or for mechanical appliances, and base metal parts thereof' (HS Code: 8208) includes industrial cutting tools and blades used in machinery and mechanical appliances. These products are critical in manufacturing, construction, and various industrial applications, including metalworking, woodworking, and food processing. The category encompasses a range of items such as circular saw blades, straight saw blades, and other specialized cutting tools made primarily from base metals, as well as their parts. This category is essential for industries requiring precision cutting and shaping of materials.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.8%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Increasing demand for precision cutting tools
Driven by growth in automotive and aerospace manufacturing, leading to higher imports in developing economies.
2021-2022
Shift towards sustainable materials
Manufacturers are adopting eco-friendly coatings and recyclable materials for blades, influencing trade patterns.
2020-2022
Automation and Industry 4.0
Rising adoption of automated machinery increases demand for specialized cutting blades, boosting trade in high-tech markets.
2019-2022
The European Union introduced anti-dumping duties ranging from 8% to 15% on certain Chinese cutting blades to protect domestic manufacturers.
March 2023
Potential shift in trade flows towards other exporters like South Korea and Japan.
Recent negotiations under Phase One trade agreement reduced tariffs on industrial cutting tools, boosting US imports from China.
January 2023
Increased trade volume between the two countries, benefiting US manufacturers with cost reductions.
Introduction of laser-sharpened and diamond-coated blades by Japanese firms, enhancing durability and precision.
October 2022
Strengthened Japan's competitive edge in high-value markets, increasing export share.