HS Code:
The category 'Of a length exceeding 4 m but not exceeding 6.5 m' typically refers to specific products such as certain types of vehicles, boats, or structural components (e.g., steel or aluminum bars, rods, or tubes) that fall within this length range under the Harmonized System (HS) classification. This category is often associated with niche industrial or transportation goods that have specific applications in construction, shipping, or automotive industries. Due to the specialized nature of these products, trade patterns are influenced by industrial demand, regional manufacturing capabilities, and logistical considerations.
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 economies to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Rising demand for lightweight materials
Increased trade in aluminum and composite materials within this length category for automotive and construction sectors, driving export growth in countries with advanced manufacturing.
2021-2022
Shift towards sustainable transport solutions
Growing imports of electric vehicle chassis and components within this size range in regions promoting green technology, particularly in the EU and North America.
2022
Supply chain disruptions
Delays in shipping oversized goods due to port congestion and container shortages have temporarily reduced trade volumes in some regions.
2021-2022
The European Union introduced stricter safety and environmental standards for imported structural components and vehicles in this length category, requiring additional certifications.
March 2023
Potential increase in compliance costs for exporters, particularly from non-EU countries, but may favor EU-based manufacturers.
A recent bilateral agreement reduced tariffs on certain industrial goods in this category, facilitating smoother trade between the two nations.
January 2023
Expected to boost trade volumes by 10-15% between the US and China in 2023.
South Korea announced investments in domestic production of specialized components in this length range, aiming to increase export competitiveness.
June 2022
Likely to strengthen South Korea's position in the global market, challenging competitors like Japan.