HS Code:
Rheostat and resistor type motor starters and controllers (typically classified under HS Code 8533.40) are electrical components used to control the speed and torque of electric motors by varying resistance in the circuit. These devices are essential in industrial applications, including manufacturing, mining, and heavy machinery, where precise motor control is required. They are often used in environments where variable speed control is necessary, such as in cranes, hoists, and conveyor systems. This category includes both traditional rheostats and modern resistor-based controllers that serve similar purposes.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 300 million
25% of total trade of total trade
Increasing
USD 250 million
20.8% of total trade of total trade
Stable
USD 200 million
16.7% of total trade of total trade
Increasing
USD 150 million
12.5% of total trade of total trade
Stable
USD 100 million
8.3% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (applied by certain developing economies)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Shift towards energy-efficient controllers
Increased demand for modern resistor-based controllers that minimize energy loss, driven by global sustainability goals.
2021-2023
Growth in industrial automation
Rising adoption of motor starters in automated manufacturing systems, boosting trade volumes in key markets like China and Germany.
2020-2022
Decline in traditional rheostat usage
Replacement of older rheostat models with electronic variable frequency drives (VFDs), leading to reduced trade in legacy products.
2019-2023
The European Union introduced stricter environmental regulations under the Green Deal, mandating eco-friendly materials in motor controllers and starters.
January 2023
Manufacturers face higher compliance costs, potentially increasing prices, but also opening markets for innovative, sustainable products.
A revised trade agreement reduced tariffs on electrical components, including motor starters, between the US and China, facilitating smoother trade flows.
March 2022
Increased export volumes from China to the US, benefiting Chinese manufacturers and US industrial buyers with lower costs.
Major manufacturers in Japan and Germany unveiled next-generation resistor controllers with integrated IoT capabilities for real-time monitoring.
September 2022
Enhanced product appeal in smart manufacturing sectors, driving demand in high-tech industries.