HS Code:
The category 'Of a maximum width exceeding 70 but not exceeding 80 centimeters' typically pertains to specific products under the Harmonized System (HS) Code classification, often related to textiles, paper, or metal sheets/rolls with defined width specifications. This category is niche but significant in industries requiring precise dimensional materials, such as manufacturing, construction, and packaging. Products in this range are used for specialized applications where width constraints are critical to functionality or compliance with standards.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for precision materials in manufacturing
Increased trade volume as industries like automotive and electronics require materials within strict dimensional tolerances
2021-2022
Shift towards sustainable materials
Growing preference for eco-friendly or recyclable products in this category, influencing supplier choices in Europe and North America
2020-2022
Supply chain disruptions due to geopolitical tensions
Delays and cost increases in trade routes, particularly affecting exports from Asia to Europe
2022
The European Union announced a reduction in tariffs for this category under the EU-Asia trade agreement, aiming to boost imports of specialized materials.
March 2023
Expected to increase trade volume by 5-7% from Asian exporters like China and South Korea.
The US initiated an investigation into potential dumping practices by certain exporters in this category, focusing on unfairly low pricing strategies.
June 2023
Possible imposition of additional duties, which could reduce imports from investigated countries by up to 10%.
New manufacturing technologies have enabled producers to achieve higher precision in width specifications, meeting stringent industry demands.
January 2023
Likely to enhance competitiveness of technologically advanced countries like Germany and Japan in this market.