HS Code:
Turbochargers and superchargers (HS Code: 8414.80) are forced induction systems used to increase the efficiency and power output of internal combustion engines by compressing the air entering the engine. Turbochargers are powered by exhaust gases, while superchargers are mechanically driven by the engine itself. These components are critical in automotive, marine, and industrial applications, contributing to fuel efficiency and reduced emissions. The global trade of turbochargers and superchargers is driven by the automotive industry's demand for performance and environmental compliance.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United Nations Comtrade Database
USD 2.8 billion
22.4% of total trade of total trade
Increasing
USD 2.1 billion
16.8% of total trade of total trade
Stable
USD 1.9 billion
15.2% of total trade of total trade
Increasing
USD 1.3 billion
10.4% of total trade of total trade
Stable
USD 0.9 billion
7.2% of total trade of total trade
Increasing
Average Rate
5.2% ad valorem
Highest Rate
12% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Rising demand for fuel-efficient vehicles
Increased adoption of turbochargers in passenger cars to meet stringent emission norms, boosting trade volumes by 8% annually.
2021-2023
Shift towards electric vehicles
Potential long-term decline in turbocharger demand as EV adoption grows, though hybrid vehicles sustain near-term growth.
2022-2025
Technological advancements
Development of electric turbochargers and variable geometry turbochargers enhancing performance, driving export growth in innovation hubs like Germany and Japan.
2020-2023
The European Union introduced stricter Euro 7 emission standards, mandating advanced turbocharger systems in new vehicles.
July 2023
Expected to increase demand for high-efficiency turbochargers, benefiting exporters from Germany and Japan.
Phase Two negotiations included reduced tariffs on automotive components, including turbochargers, easing trade tensions.
March 2023
Likely to boost Chinese exports to the US market by 10-15% in the next two years.
A leading German manufacturer unveiled a commercially viable electric turbocharger, reducing lag and improving efficiency.
September 2022
Could shift market dynamics, with early adopters gaining competitive advantage in trade.