HS Code:
The category 'Of an output exceeding 50 W' (typically falling under HS Code 8518.29 or related subcategories for loudspeakers and audio equipment) refers to audio devices and components with a power output greater than 50 watts. This category includes high-power speakers, amplifiers, and professional audio systems used in commercial, industrial, and consumer applications. These products are integral to industries such as entertainment, automotive, and public address systems, with significant demand driven by technological advancements and increasing consumer preference for high-quality audio experiences.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database, International Trade Centre (ITC)
USD 4.8 billion
38.4% of total trade of total trade
Increasing
USD 2.1 billion
16.8% of total trade of total trade
Stable
USD 1.3 billion
10.4% of total trade of total trade
Increasing
USD 0.9 billion
7.2% of total trade of total trade
Stable
USD 0.7 billion
5.6% of total trade of total trade
Increasing
Average Rate
6.2% ad valorem
Highest Rate
15% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements such as USMCA and EU-Japan EPA)
Rising demand for wireless and smart audio systems
Increased trade in high-power Bluetooth and Wi-Fi-enabled speakers, driving innovation and competition among exporters
2021-2022
Growth in automotive audio applications
Higher export volumes to automotive hubs like Germany and Japan due to integration of premium sound systems in vehicles
2020-2022
Shift towards sustainable manufacturing
Manufacturers adopting eco-friendly materials and processes to comply with stringent regulations in the EU and North America, affecting production costs
2022
The United States imposed additional tariffs on Chinese audio equipment under Section 301, citing unfair trade practices. This has led to a 10% increase in costs for US importers of high-power audio devices.
September 2022
Shift in supply chains with some companies diversifying sourcing to Vietnam and Mexico to avoid tariffs
The European Union introduced stricter environmental regulations under the Green Deal, mandating energy efficiency and recyclability for electronic audio products.
January 2023
Increased compliance costs for exporters to the EU, potentially reducing profit margins for smaller manufacturers
Major manufacturers in Japan and South Korea unveiled new high-power audio systems with AI integration and immersive sound technologies at CES 2023.
January 2023
Boosted export potential for premium products, with growing demand in North American and European markets