HS Code:
The Ties, Bow Ties, and Cravats category, classified under HS Code 6215, encompasses a range of neckwear made from various materials such as silk, polyester, wool, and cotton. These products are primarily used as fashion accessories in formal and professional attire. This category includes ties of different styles and patterns, bow ties for formal occasions, and cravats as traditional or ceremonial neckwear. Global trade in this category is influenced by fashion trends, cultural preferences, and the demand for both mass-produced and luxury handmade items.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC)
$450 million USD
37.5% of total trade of total trade
Increasing
$200 million USD
16.7% of total trade of total trade
Stable
$150 million USD
12.5% of total trade of total trade
Stable
$80 million USD
6.7% of total trade of total trade
Increasing
$60 million USD
5.0% of total trade of total trade
Decreasing
Average Rate
8.5% ad valorem
Highest Rate
Up to 15% in certain developing markets
Lowest Rate
0% under free trade agreements (e.g., EU-US trade agreements)
Rising demand for sustainable and eco-friendly materials
Increased production of ties made from organic cotton and recycled polyester, influencing sourcing and pricing strategies
2021-2023
Growth in online retail and customization
E-commerce platforms and bespoke tailoring services are expanding market reach, especially for niche and luxury brands
2020-2023
Shift towards casual and hybrid workwear
Decline in demand for traditional formal neckwear in some regions due to changing workplace dress codes
2020-2022
The European Union introduced stricter labeling requirements for textile products, including ties and bow ties, to ensure transparency in material sourcing and production processes.
March 2023
Increased compliance costs for exporters to the EU market, potentially affecting pricing and market access for smaller producers.
A new phase of the US-China trade agreement reduced tariffs on certain apparel accessories, including ties, benefiting Chinese exporters.
January 2023
Boosted export volumes from China to the US, intensifying competition for domestic and other international suppliers.
A global consortium of fashion brands launched an initiative to promote sustainable neckwear production, encouraging the use of biodegradable materials.
September 2022
Shift in consumer preference towards eco-friendly products, creating opportunities for brands adopting sustainable practices.