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 9405, products must satisfy the origin rule of type change of tariff heading (CTH).
Manufacture from materials of any heading, except that of the product, excluding materials of the same heading
Manufacture in which the value of all non-originating materials used does not exceed 40% of the ex-works price of the product
40% ex-worksThe EU imported 34.6 Md€ (Jan 2022 – Mar 2026) for this HS code, with China as the main supplier.
EU Imports
34.6 Md€
EU Exports
17.9 Md€
Balance
16.7 Md€
Top supplying countries (extra-EU)