HS Code:
The 'Other (846)' category under the Harmonized System (HS) Code typically encompasses a range of machinery and mechanical appliances not specifically classified under other subcategories of HS Chapter 84. This includes specialized tools, parts, and accessories for industrial or manufacturing purposes that do not fit into more defined groups such as machine tools or engines. Products in this category are often niche or highly specialized, serving specific industrial needs across sectors like automotive, aerospace, and construction.
Total Trade Volume
USD 15.7 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Increased demand for automation equipment
Boosts trade volume as industries adopt more automated solutions, particularly in manufacturing hubs like Germany and Japan.
2021-2022
Shift towards sustainable machinery
Encourages innovation in eco-friendly designs, impacting export patterns with stricter regulations in the EU and North America.
2020-2022
Supply chain disruptions
Delays in production and shipping have led to fluctuating trade volumes, especially for countries reliant on imports like the United States.
2021-2022
Negotiations on reducing tariffs for industrial machinery under HS 846 have progressed, potentially lowering barriers for European exporters.
June 2023
Could increase trade volume between the EU and China by 10-15% in the next two years.
The United States imposed additional tariffs on certain machinery imports from China under HS 846 as part of ongoing trade tensions.
March 2023
Likely to shift some trade flows towards other suppliers like Japan and South Korea.
New innovations in precision tools and robotic components have spurred demand for products in this category, particularly from Germany and Japan.
August 2023
Expected to drive a 5-7% increase in global trade volume for 2023-2024.