HS Code:
This category refers to products whose largest surface area can be enclosed in a square with sides less than 7 cm. Typically classified under specific HS codes related to small articles, such as certain types of glassware, ceramics, or small metal products (e.g., HS Code 7013.37 for glassware or similar categories), these items are often used for decorative purposes, small household items, or components in larger assemblies. They are traded globally in niche markets, often tied to craftsmanship, luxury goods, or industrial applications.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
USD 450 million
37.5% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Stable
USD 150 million
12.5% of total trade of total trade
Increasing
USD 100 million
8.3% of total trade of total trade
Decreasing
USD 80 million
6.7% of total trade of total trade
Increasing
Average Rate
5.8% ad valorem
Highest Rate
12% (applied by certain developing countries for luxury goods protection)
Lowest Rate
0% (under free trade agreements like EU-USMCA)
Growing demand for eco-friendly and handmade small decor items
Increased exports from countries with strong artisanal traditions like India and Italy
2021-2022
Shift toward industrial applications of small components
Higher demand for precision small metal and glass parts in electronics, boosting trade from China and Germany
2020-2022
Rising raw material costs
Increased production costs affecting profit margins, particularly for small-scale producers
2022
The European Union introduced stricter safety and lead content regulations for small glassware items to protect consumers, impacting exporters from non-compliant regions.
March 2023
Potential delays and cost increases for exporters from developing countries; opportunity for compliant manufacturers to gain market share.
A new phase of trade negotiations reduced tariffs on small decorative items, benefiting Chinese exporters of glass and ceramic products under this category.
January 2023
Increased trade volume from China to the US, potentially affecting domestic small-scale producers.
The Indian government launched a subsidy program to support small handicraft exporters, including those producing items in this category.
July 2022
Boost in Indian exports, making it a stronger competitor against China in the global market.