HS Code:
The 'Other (330)' category under the Harmonized System (HS) Code typically includes miscellaneous products related to essential oils, perfumery, cosmetic or toilet preparations that do not fall under more specific subcategories within HS Chapter 33. This can encompass a variety of items such as certain types of aromatic compounds, personal care products, or specialized cosmetic ingredients. Due to the diverse nature of products in this category, trade patterns can vary widely depending on regional production capabilities, consumer preferences, and regulatory frameworks.
Total Trade Volume
USD 2.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for natural and organic products
Increased trade in sustainably sourced ingredients and eco-friendly cosmetics, driving growth in markets like Europe and North America.
2021-2022
Growth of e-commerce platforms
Facilitated direct-to-consumer sales of niche and specialty products, boosting trade volumes for smaller exporters.
2020-2022
Regulatory shifts in Asia-Pacific
Stricter import regulations in countries like China and India have slowed trade growth for non-compliant products.
2022
The European Union introduced new restrictions on certain synthetic compounds used in products under HS 330, requiring reformulation by manufacturers.
March 2023
Potential increase in production costs for exporters to the EU, but improved consumer safety standards may boost long-term demand.
A bilateral agreement reduced tariffs on certain cosmetic products, including those in the 'Other (330)' category, to promote trade.
January 2023
Expected to increase export volumes from China to the US, benefiting Chinese manufacturers.
Several major markets, including Japan and Australia, have seen a rise in demand for products with verified sustainability certifications.
June 2023
Exporters focusing on sustainable practices may gain competitive advantage in these markets.