HS Code:
The 'Other Appliances' category under the Harmonized System (HS) Code typically includes a range of electrical or mechanical appliances not covered under specific categories. This can encompass items like air purifiers, electric fans, humidifiers, and other household or industrial appliances. These products are essential for various domestic and commercial applications, contributing significantly to global trade due to their widespread use and technological advancements.
Total Trade Volume
USD 25.6 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
15% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU Single Market or USMCA)
Rising demand for smart appliances
Increased trade volume due to integration of IoT and AI technologies in appliances, driving exports from tech-savvy countries like China and South Korea.
2021-2022
Shift towards energy-efficient products
Growing preference for eco-friendly appliances has boosted trade in markets with strict environmental regulations, such as the EU.
2020-2022
Supply chain disruptions
Post-pandemic logistics challenges and raw material shortages have led to temporary declines in trade volume and increased costs.
2021-2022
The European Union's Green Deal has introduced stricter energy efficiency standards for appliances, affecting import requirements.
January 2023
Non-compliant products face higher tariffs or bans, pushing exporters to adapt to new regulations.
A recent phase of the US-China trade agreement reduced tariffs on specific appliance categories, boosting bilateral trade.
March 2023
Increased export volume from China to the US, benefiting Chinese manufacturers.
The ongoing shortage of semiconductors has impacted the production of smart appliances, leading to trade delays.
October 2022
Reduced supply has caused price hikes and affected trade volumes, particularly for high-tech appliances.