What is the tolerance threshold under the EU-Chile?

The general tolerance is 10% of the ex-works value of the finished product.

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EU-Chile - HS 8481

Name: EU Trade Statistics - HS 8481 - EU-Chile
Creator: Eurostat
License: https://creativecommons.org/licenses/by/4.0/

EU-Chile Association Agreement (+ Advanced Framework Agreement) · Origin of Goods

2 rulesTolerance: 10%2003

To qualify for the EU-Chile preferential rate on HS 8481, products must satisfy the origin rule of type maximum non-originating materials (MaxNOM). A tolerance of 10% of the ex-works value applies. 2 specific rules apply to this code under this agreement.

8481Taps, cocks, valves and similar appliances for pipes, boiled hells, tanks, vats or the like, including pressure reducing valves and thermostatically controlled valves ▸ Other appliances

MaxNOM

Manufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

8481Taps, cocks, valves and similar appliances for pipes, boiled hells, tanks, vats or the like, including pressure reducing valves and thermostatically controlled valves ▸ Other appliances

MaxNOM

Manufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

8481Any other product from heading 8481

MaxNOM + CTH

Manufacture: - from materials of any heading, except that of the product, and - in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

OR - alternative rule

MaxNOM

Manufacture in which the value of all the materials used does not exceed 30% of the ex-works price of the product.

30% ex-works

Preference utilization in the EU

Share of imports claiming a preferential rate (source: Eurostat COMEXT)

100%FTA

2026

100%50 k€

2025

100%467 k€

2024

100%1.2 M€

2023

100%810 k€

Source: Eurostat COMEXT DATA_PREFERENCES - EU27 aggregate. Updated monthly.

EU Trade Data (COMEXT)

Jan 2022 – Mar 2026

Full analysis

The EU imported 46.0 Md€ (Jan 2022 – Mar 2026) for this HS code, with China as the main supplier.

EU Imports

46.0 Md€

EU Exports

85.4 Md€

Balance

39.5 Md€

Top supplying countries (extra-EU)

1.China

39%17.7 Md€

2.United States

20%9.2 Md€

3.Switzerland

9%4.2 Md€

4.United Kingdom

8%3.6 Md€

8481Taps, cocks, valves and similar appliances for pipes, boiled hells, tanks, vats or the like, including pressure reducing valves and thermostatically controlled valves ▸ Other appliances

MaxNOM

Manufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

8481Taps, cocks, valves and similar appliances for pipes, boiled hells, tanks, vats or the like, including pressure reducing valves and thermostatically controlled valves ▸ Other appliances

MaxNOM

Manufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

8481Any other product from heading 8481

MaxNOM + CTH

Manufacture: - from materials of any heading, except that of the product, and - in which the value of all the materials used does not exceed 40% of the ex-works price of the product.

40% ex-works

OR - alternative rule

MaxNOM

Manufacture in which the value of all the materials used does not exceed 30% of the ex-works price of the product.

30% ex-works

Preference utilization in the EU

EU Trade Data (COMEXT)

Related pages

EU Trade Data (COMEXT)

Preference utilization in the EU