HS Code:
The 'Measuring 33.8 mm or less' category typically falls under HS Code 9017.80, which includes precision measuring instruments such as micrometers, calipers, and gauges with a measurement capacity of 33.8 mm or less. These tools are essential in industries like manufacturing, automotive, and aerospace for ensuring accuracy in small-scale measurements. This category is critical for quality control and precision engineering globally.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for precision tools in automotive electrification
Increased trade volume due to the growth of electric vehicle production requiring high-precision components
2021-2022
Adoption of digital measuring tools
Shift in trade patterns towards digital calipers and micrometers, reducing demand for traditional analog tools
2020-2022
Supply chain diversification
Manufacturers are sourcing from multiple countries to mitigate risks from geopolitical tensions and pandemics
2021-2023
The European Union introduced new regulations requiring all imported measuring instruments to comply with updated ISO 9001:2015 standards.
March 2023
Potential increase in compliance costs for exporters, particularly from developing countries.
A new phase of trade negotiations reduced tariffs on precision instruments, including those in the 33.8 mm or less category, by 2%.
January 2023
Expected to boost trade volume between the two countries by 10% in this category.
Japanese manufacturers announced a USD 50 million investment in R&D for next-generation digital micrometers.
June 2022
Likely to solidify Japan's position as a market leader in high-end measuring tools.