Candles3406 (Harmonized System 1992 for 4-digit)
2020 World Trade: $3.38B, Rnk 595 / 1217
2020 Top Exporter | Top Importer: $620M | $711M, Poland | United States
2020 Product Complexity: 0.16, Rnk 497 / 1028
2019 - 2020 Export Growth (CAGR): 5.02%, Rnk 208 / 1217
2018 Mean Tariff: 11.8%, Rnk 311 / 1259
2020 Share of World Trade: 0.02%, Rnk 595 / 1217
Overview This page contains the latest trade data of Candles. In 2020, Candles were the world's 595th most traded product, with a total trade of $3.38B. Between 2019 and 2020 the exports of Candles grew by 5.02%, from $3.22B to $3.38B. Trade in Candles represent 0.02% of total world trade.
Candles are a part of Soap, cleaners, candles, dental, modelling pastes. They include Candles, tapers and the like.
Exports In 2020 the top exporters of Candles were Poland ($620M), China ($618M), Vietnam ($384M), United States ($210M), and Netherlands ($199M).
Imports In 2020 the top importers of Candles were United States ($711M), Germany ($448M), United Kingdom ($318M), Netherlands ($204M), and France ($124M).
Tariffs In 2018 the average tariff for Candles was 11.8%, making it the 311th lowest tariff using the HS4 product classification.
Ranking Candles ranks 497th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Candles. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): Poland, $620M
Top Destination (2020): United States, $711M
Candles are the world's 595th most traded product.
In 2020, the top exporters of Candles were Poland ($620M), China ($618M), Vietnam ($384M), United States ($210M), and Netherlands ($199M).
In 2020, the top importers of Candles were United States ($711M), Germany ($448M), United Kingdom ($318M), Netherlands ($204M), and France ($124M).
Trade by country
Top Origin Growth (2019 - 2020): Vietnam, $81.4M
Top Destination Growth (2019 - 2020): United States, $163M
Between 2019 and 2020, the exports of Candles grew the fastest in Vietnam ($81.4M), Canada ($70.1M), Czechia ($46.3M), Poland ($15M), and France ($11.8M).
Between 2019 and 2020, the fastest growing importers of Candles were United States ($163M), Germany ($33.8M), Saudi Arabia ($19.2M), Poland ($10.3M), and United Kingdom ($9.59M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Candles.
In 2020, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Candles are explained by 16 countries.
TOP NET EXPORTER (2020): China, $601M
TOP NET IMPORTER (2020): United States, $501M
This map shows which countries export or import more of Candles. Each country is colored based on the difference in exports and imports of Candles during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Candles were China ($601M), Poland ($553M), Vietnam ($379M), Canada ($65.7M), and Czechia ($62.3M).
In 2020, the countries that had a largest trade value in imports than in exports of Candles were United States ($501M), Germany ($287M), United Kingdom ($220M), Austria ($84.7M), and Norway ($56.1M).
In 2020, the world most traded Candles, disaggragated by their HS6 level were Candles, tapers and the like ($3.38B)
This visualization shows the countries that have an important ratio of their trade related to Candles. It is possible to select the main countries that export or import Candles in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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