HS Code:
The 'Toys for Pets' category, classified under HS Code 9503.00 (which includes toys in general but can be specified for pet toys under certain subcategories or national tariff lines), encompasses a variety of products designed for the entertainment and stimulation of pets such as dogs, cats, birds, and small animals. These products include chew toys, balls, plush toys, interactive toys, and puzzle toys. The global trade of pet toys is driven by increasing pet ownership, rising disposable incomes, and growing awareness of pet health and well-being, particularly in developed markets. The category has seen consistent growth due to the humanization of pets and the trend of treating pets as family members.
Total Trade Volume
Approximately USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database and International Trade Centre (ITC) Trade Map
USD 650 million
54.2% of total trade of total trade
Increasing
USD 200 million
16.7% of total trade of total trade
Stable
USD 80 million
6.7% of total trade of total trade
Increasing
USD 60 million
5.0% of total trade of total trade
Increasing
USD 40 million
3.3% of total trade of total trade
Stable
Average Rate
4.5% ad valorem
Highest Rate
12% (applied by certain developing countries to protect domestic industries)
Lowest Rate
0% (under free trade agreements like USMCA or EU trade deals)
Rise in eco-friendly and sustainable pet toys
Increased demand for products made from recycled materials or biodegradable components, driven by environmentally conscious consumers, leading to a shift in manufacturing practices.
2021-2023
Growth of smart and interactive pet toys
Technological advancements have spurred demand for toys with sensors, apps, or remote control features, catering to tech-savvy pet owners and boosting trade in higher-value products.
2020-2023
Humanization of pets
Pet owners increasingly view pets as family members, driving demand for premium and personalized toys, which has expanded market opportunities in North America and Europe.
2019-2023
The European Union introduced stricter guidelines on chemical content in pet toys, focusing on phthalates and other harmful substances, effective from mid-2023.
June 2023
Exporters to the EU must adapt to compliance requirements, potentially increasing production costs but ensuring higher safety standards for consumers.
A partial rollback of tariffs on pet toys under Section 301 was agreed upon, reducing the tariff rate from 15% to 7.5% for certain categories of pet products.
January 2023
This reduction has eased costs for US importers, likely boosting import volumes from China in the short term.
The rise of online platforms like Amazon and Chewy has transformed the distribution of pet toys, with a significant increase in direct-to-consumer sales globally.
Throughout 2022-2023
Smaller manufacturers and exporters have gained access to international markets, increasing competition and diversifying supply chains.