HS Code:
The 'Measuring over 0.26 m² in area' category typically includes products such as certain types of glass, metal sheets, or other materials used in construction, manufacturing, or industrial applications. This category falls under specific HS Codes depending on the material type (e.g., HS 7005 for float glass or HS 7210 for flat-rolled iron products). These products are critical in industries like construction, automotive, and renewable energy (e.g., solar panel manufacturing). Global trade in this category is driven by industrialization, infrastructure development, and demand for specialized materials.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 3.8 billion
30.4% of total trade of total trade
Increasing
USD 1.9 billion
15.2% of total trade of total trade
Stable
USD 1.5 billion
12.0% of total trade of total trade
Increasing
USD 1.2 billion
9.6% of total trade of total trade
Stable
USD 0.9 billion
7.2% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA or USMCA)
Rising demand for sustainable materials
Increased trade in eco-friendly glass and metal sheets for green construction and renewable energy projects.
2021-2022
Supply chain disruptions
Delays and cost increases due to port congestion and raw material shortages post-COVID-19 recovery.
2021-2022
Technological advancements in material processing
Higher demand for precision-cut and treated materials, boosting trade in high-value products.
2020-2022
The European Union introduced provisional anti-dumping duties ranging from 8% to 12% on specific glass products measuring over 0.26 m² from China to curb unfair pricing practices.
March 2023
Potential shift in trade flows, with buyers looking to alternative suppliers like Turkey and India.
The US Infrastructure Investment and Jobs Act has led to a surge in demand for construction materials, including large-area metal and glass sheets.
November 2021
Increased imports from key partners like Canada and South Korea, driving up trade volumes.
Rising investments in solar energy projects worldwide have spiked demand for large glass sheets used in solar panels.
Throughout 2022
Significant growth in exports from China and Japan, key producers of solar-grade glass.