HS Code:
The Sunglasses category, classified under HS Code 9004.10, includes protective eyewear designed to shield the eyes from sunlight and UV rays, as well as fashion sunglasses. This category encompasses a wide range of products, from premium designer brands to affordable mass-produced options. Sunglasses are both a functional item and a fashion accessory, driving demand across diverse consumer segments globally. The trade in sunglasses is influenced by factors such as fashion trends, tourism, seasonal demand, and increasing awareness of eye health.
Total Trade Volume
USD 6.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
15% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Rising demand for sustainable and eco-friendly sunglasses
Increased market share for brands using recycled materials and biodegradable frames, influencing production and marketing strategies
2021-2022
Growth in polarized and smart sunglasses
Higher consumer spending on premium products with advanced features like blue light blocking and integrated technology
2020-2022
E-commerce boom in sunglasses sales
Significant shift to online platforms, with direct-to-consumer brands gaining traction over traditional retail
2020-2022
The European Union introduced new regulations requiring all imported sunglasses to meet enhanced UV protection standards, with mandatory certification processes.
March 2023
Increased compliance costs for exporters, potential delays in market entry for non-compliant products, and higher consumer trust in certified brands.
A bilateral agreement reduced tariffs on luxury goods, including high-end sunglasses, between the US and China as part of broader trade negotiations.
January 2023
Boosted exports of premium sunglasses from Italy and France to China via US distribution channels, fostering market growth.
India launched incentives for local sunglasses manufacturing under the 'Make in India' initiative, aiming to reduce reliance on imports from China.
September 2022
Potential shift in low-cost sunglasses supply chains, with India emerging as a competitive exporter in the Asia-Pacific region.