Regional Convention on Pan-Euro-Mediterranean Preferential Rules of Origin (PEM Convention) · Origin of Goods
To qualify for the PEM Convention preferential rate on HS 4203, products must satisfy the origin rule of type change of tariff heading (CTH).
Manufacture from materials of any heading, except that of the product
Manufacture in which the value of all materials used does not exceed 40% of the ex-works price of the product
40% EXWThe EU imported 4.8 Md€ (Jan 2022 – Mar 2026) for this HS code, with India as the main supplier.
EU Imports
4.8 Md€
EU Exports
6.8 Md€
Balance
2.0 Md€
Top supplying countries (extra-EU)