It should be much higher.
The amount of shit that gets shipped from China to Europe (world) is fucking ludicrous, and people should be taxed heavily for the stupid shit they often don't need.
Right, so tell me where in Europe can I buy replacement parts for random electronics when I need them? Often very specific ICs, last time it was a cassette deck pinch roller, etc.
Preferably somewhere where it’s cheaper than the value of the thing being repaired.
Unfortunately, if you want to fix electronics more often than not China is the only place you can buy spare parts. I don't think buying spare parts to devices counts as "stupid shit".