HS Code:
The 'Other articles, not threaded' category under the Harmonized System (HS) Code generally includes miscellaneous articles made of base metal or other materials that are not threaded, such as clips, hooks, rings, eyelets, rivets, and similar items used in various industries including construction, automotive, and consumer goods. These products are often essential components in manufacturing and assembly processes, serving functional purposes across a wide range of applications.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 3.8 billion
30.4% of total trade of total trade
Increasing
USD 1.9 billion
15.2% of total trade of total trade
Stable
USD 1.5 billion
12.0% of total trade of total trade
Increasing
USD 1.2 billion
9.6% of total trade of total trade
Stable
USD 0.9 billion
7.2% of total trade of total trade
Increasing
Average Rate
5.2%
Highest Rate
12.5% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Increased demand for sustainable materials
Manufacturers are shifting towards eco-friendly and recyclable materials in production, influencing supply chains and pricing structures.
2021-2022
Automation in manufacturing
Adoption of automated production lines has reduced costs and increased output, particularly in top exporting countries like China and Germany.
2020-2022
Rising raw material costs
Fluctuations in metal prices have led to higher production costs, impacting profit margins for exporters and increasing prices for importers.
2022
The United States introduced additional tariffs on Chinese 'Other articles, not threaded' products as part of ongoing trade tensions, citing unfair trade practices.
May 2023
This is expected to shift some trade flows towards other Asian countries like Vietnam and South Korea.
The European Union has implemented stricter environmental regulations under the Green Deal, requiring sustainable sourcing and production for metal articles.
January 2023
Exporters must adapt to comply with these standards, potentially increasing costs but also opening opportunities for eco-friendly producers.
Ongoing geopolitical issues, including the Russia-Ukraine conflict, have disrupted raw material supplies, affecting production in Europe.
Throughout 2022
Increased lead times and costs for European manufacturers, prompting diversification of supply chains.