HS Code:
The category 'Of a maximum width exceeding 80 centimeters' typically pertains to products such as woven fabrics, paper, or other materials classified under specific HS codes (e.g., HS 5407 for synthetic filament yarn fabrics or HS 4810 for paper and paperboard). This category includes goods used in industrial, commercial, and consumer applications, such as textiles for upholstery, packaging materials, or large-format printing paper. These products are critical in various industries, including manufacturing, construction, and retail, and are traded globally in significant volumes due to their versatile applications.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for sustainable materials
Increased trade in eco-friendly fabrics and recyclable paper products with widths exceeding 80 cm, driven by global sustainability initiatives.
2021-2022
Growth in e-commerce packaging needs
Significant rise in demand for wide-width paper and cardboard for packaging solutions as online shopping continues to expand globally.
2020-2022
Technological advancements in textile production
Innovations in weaving and printing technologies have boosted production efficiency, leading to higher export volumes of wide-width fabrics.
2019-2022
The European Union introduced a temporary 8% tariff on wide-width synthetic fabrics from select Asian countries to curb market flooding and protect local producers.
March 2023
Potential shift in trade flows as exporters target alternative markets like the Middle East and Africa.
A new bilateral agreement reduced tariffs on wide-width paper products by 3%, fostering increased trade between the two countries.
January 2023
Expected growth in US imports of packaging materials from China, benefiting e-commerce sectors.
India launched a subsidy program for exporters of wide-width textiles, aiming to boost competitiveness in the global market.
September 2022
Increased export volumes from India, challenging dominant players like China in specific segments.