HS Code:
The 'Other (639)' category under the Harmonized System (HS) Code typically encompasses miscellaneous products that do not fit into more specific classifications. This category often includes a diverse range of goods such as specialized machinery parts, unique chemical compounds, or niche manufactured items. Due to its broad nature, it serves as a catch-all for products that are not easily categorized elsewhere, often reflecting innovative or highly specialized trade items.
Total Trade Volume
USD 15.7 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
15% (imposed by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Japan EPA)
Increased demand for specialized components
Growth in trade volume due to rising industrial automation and technology adoption globally
2021-2022
Shift towards sustainable materials
Moderate increase in trade of eco-friendly products within this category, driven by regulatory changes in the EU and North America
2020-2022
Regional supply chain diversification
Trade patterns shifting as countries like Vietnam and India emerge as alternative suppliers amid geopolitical tensions
2022
The European Union introduced stricter compliance requirements for products under the 'Other' category to ensure safety and environmental standards.
June 2023
Potential increase in compliance costs for exporters to the EU, possibly affecting trade volumes in the short term.
A new phase of negotiations reduced tariffs on select miscellaneous goods under this category as part of broader trade de-escalation efforts.
March 2023
Expected to boost trade between the two countries, particularly benefiting US importers and Chinese exporters.
Advancements in manufacturing technology have led to an increase in unique, high-value products classified under this category.
January 2023
Likely to drive trade growth as new products enter the market, especially in tech-driven economies like South Korea and Japan.