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📦 Of an output exceeding 74.6 W but not exceeding 735 W

Of an output exceeding <il>74.6 W</il> but not exceeding <il>735 W</il>

HS Code:

📦

Overview

This category, classified under HS Code 8501.32, pertains to electric motors and generators with an output exceeding 74.6 W but not exceeding 735 W. These products are typically used in industrial applications, household appliances, and small machinery, where medium power output is required. They play a critical role in various sectors, including manufacturing, automotive, and consumer electronics.

Total Trade Volume

USD 2.5 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

5.2%

Highest Rate

12% (applied by certain developing countries)

Lowest Rate

0% (under free trade agreements such as EU-Japan EPA)

Common Restrictions

  • Import quotas in specific regions
  • Technical standards and certification requirements
  • Anti-dumping duties in some markets

Market Trends

Rising demand for energy-efficient motors

Increased production and trade of high-efficiency models to comply with environmental regulations

2021-2022

Shift towards automation in manufacturing

Growing need for medium-power motors in robotic and automated systems

2020-2022

Supply chain disruptions due to geopolitical tensions

Delays and increased costs for raw materials and finished products

2022

Recent Developments

New EU Energy Efficiency Regulation

The European Union introduced stricter energy efficiency standards for electric motors, impacting imports and local production.

July 2023

Manufacturers must adapt to new standards, potentially increasing costs but also opening markets for compliant products.

US-China Trade Agreement Update

A revised trade agreement reduced tariffs on certain electrical machinery, including motors in this category, from 7.5% to 4%.

March 2023

Boosted trade flows between the two largest economies, benefiting exporters in China.

Global Semiconductor Shortage

Ongoing shortages of semiconductors have affected the production of electronic components in motors, leading to supply constraints.

January 2023

Increased prices and delayed deliveries for end-users in various industries.