HS Code:
The category 'Of an output exceeding 375 kW' typically falls under HS Code 8501.34, which includes electric motors and generators with an output power exceeding 375 kW. These are high-capacity machines used in industrial applications, power generation, and heavy machinery. This category is critical for sectors such as renewable energy (wind turbines), manufacturing, and large-scale infrastructure projects. Trade in this category reflects global demand for energy solutions and industrial equipment.
Total Trade Volume
USD 5.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.3%
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for renewable energy equipment
Increased trade in high-output generators for wind and hydroelectric projects, especially in Europe and Asia-Pacific
2021-2022
Shift towards energy efficiency
Growing preference for advanced, energy-efficient motors driving innovation and trade in premium products
2020-2022
Supply chain disruptions
Delays and cost increases due to global logistics challenges and raw material shortages
2021-2022
The EU's Green Deal has led to increased subsidies and demand for high-output generators for renewable energy projects.
March 2023
Boosted exports from Germany and Italy to meet EU renewable targets.
Ongoing trade disputes have resulted in additional tariffs on Chinese-made high-output motors entering the US market.
January 2023
Shift in US imports towards European and domestic suppliers.
A recent WTO negotiation round has proposed reduced tariffs on industrial equipment, including high-output motors and generators.
June 2023
Potential for increased trade flows if agreement is ratified.