HS Code:
Set-top boxes with a communication function (HS Code: 8528.71) are electronic devices that connect to a television and an external signal source, converting the signal into content that can be displayed on the TV screen. These devices often include functionalities for internet connectivity, enabling streaming services, video-on-demand, and interactive communication features. They are critical components in modern digital broadcasting and smart home ecosystems, bridging traditional television with internet-based content.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
4.5%
Highest Rate
15% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like USMCA and EU agreements)
Shift towards streaming-capable set-top boxes
Increased demand for devices with integrated apps like Netflix, Amazon Prime, and Disney+, driving innovation and competition among manufacturers
2021-2022
Rising adoption of 4K and HDR technology
Higher production costs but growing consumer preference for high-quality video output, boosting premium segment sales
2020-2022
Supply chain diversification
Manufacturers moving production from China to countries like Vietnam and Mexico to mitigate risks from US-China trade tensions
2019-2022
The United States extended Section 301 tariffs on Chinese electronics, including set-top boxes, citing unfair trade practices. This has led to higher costs for US importers.
March 2023
Increased prices for consumers in the US market and accelerated production shifts to Southeast Asia
The European Union introduced stricter energy efficiency and recycling requirements for electronic devices, including set-top boxes, under the Ecodesign Directive.
January 2023
Manufacturers face higher compliance costs, but eco-friendly products gain a competitive edge in the EU market
Vietnam has emerged as a key manufacturing base for set-top boxes due to lower labor costs and favorable trade agreements like the CPTPP and EVFTA.
Mid-2022
Reduced dependency on Chinese manufacturing and increased export volumes from Vietnam to major markets like the US and EU