HS Code:
The Rotary category, often associated with machinery and mechanical appliances under HS Code 84 (specifically including items like rotary converters, rotary engines, and related parts), encompasses a range of products used in industrial, automotive, and energy sectors. This category includes equipment designed for rotational motion, such as rotary pumps, compressors, and engines, which are critical for various manufacturing and operational processes globally. These products are integral to industries like oil and gas, automotive, and renewable energy, where efficiency and precision in mechanical operations are paramount.
Total Trade Volume
USD 15.3 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Shift towards energy-efficient rotary equipment
Increased demand for eco-friendly and sustainable rotary solutions in industrial applications, driven by global green energy policies.
2021-2022
Rising automation in manufacturing
Higher adoption of rotary machinery in automated production lines, boosting trade volumes in developed economies.
2020-2022
Growth in renewable energy sector
Surge in demand for rotary components in wind turbines and hydroelectric systems, influencing export patterns from manufacturing hubs.
2019-2022
The European Union's Green Deal has introduced stricter environmental standards for industrial machinery, including rotary equipment, pushing manufacturers to innovate.
March 2023
Increased production costs but also opened new markets for compliant, energy-efficient products.
A recent phase of the US-China trade agreement reduced tariffs on certain rotary machinery components, easing trade tensions.
January 2023
Boosted export volumes from China to the US, potentially altering global supply chain dynamics.
Major manufacturers in Japan and Germany unveiled next-generation rotary pumps with IoT integration for predictive maintenance.
September 2022
Enhanced market competitiveness for these countries, likely increasing their share in global trade.