Overview This page contains the latest trade data of Chemical products n.e.s.. In 2020, Chemical products n.e.s. were the world's 14th most traded product, with a total trade of $213B. Between 2019 and 2020 the exports of Chemical products n.e.s. grew by 7.68%, from $198B to $213B. Trade in Chemical products n.e.s. represent 1.27% of total world trade.

Chemical products n.e.s. are a part of Chemical Products. They include Chemical products n.e.s..

Exports In 2020 the top exporters of Chemical products n.e.s.  were United States ($32.5B), Germany ($25.6B), China ($24.1B), Japan ($12.6B), and France ($12.6B).

Imports In 2020 the top importers of Chemical products n.e.s. were United States ($16.8B), Germany ($16.4B), China ($14.1B), Netherlands ($11B), and France ($8.45B).

Tariffs In 2018 the average tariff for Chemical products n.e.s. was 5.86%, making it the 74th lowest tariff using the HS2 product classification.

The countries with the highest import tariffs for Chemical products n.e.s. are Bahamas (36.2%), Bermuda (21.4%), Cayman Islands (20.5%), and Iran (16.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Chemical products n.e.s. ranks 15th in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Chemical products n.e.s.. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): United States, $32.5B

Top Destination (2020): United States, $16.8B

Chemical products n.e.s. are the world's 14th most traded product.

In 2020, the top exporters of Chemical products n.e.s. were United States ($32.5B), Germany ($25.6B), China ($24.1B), Japan ($12.6B), and France ($12.6B).

In 2020, the top importers of Chemical products n.e.s. were United States ($16.8B), Germany ($16.4B), China ($14.1B), Netherlands ($11B), and France ($8.45B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): China, $5.53B

Top Destination Growth (2019 - 2020): United States, $2.48B

Between 2019 and 2020, the exports of Chemical products n.e.s. grew the fastest in China ($5.53B), South Korea ($2.49B), Netherlands ($1.74B), Italy ($761M), and Lithuania ($698M).

Between 2019 and 2020, the fastest growing importers of Chemical products n.e.s. were United States ($2.48B), Netherlands ($1.65B), Germany ($1.47B), United Kingdom ($1.25B), and Italy ($884M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Chemical products n.e.s..

In 2020,  market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Chemical products n.e.s. are explained by 24 countries.

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TOP NET EXPORTER (2020): United States, $15.7B

TOP NET IMPORTER (2020): Brazil, $4.59B

This map shows which countries export or import more of Chemical products n.e.s.. Each country is colored based on the difference in exports and imports of Chemical products n.e.s. during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Chemical products n.e.s. were United States ($15.7B), China ($10B), Germany ($9.28B), Japan ($6.93B), and France ($4.13B).

In 2020, the countries that had a largest trade value in imports than in exports of Chemical products n.e.s. were Brazil ($4.59B), Mexico ($3.99B), Canada ($2.55B), Russia ($2.22B), and Vietnam ($2.05B).

Disaggregation

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Value
Disaggregation

In 2020, the world most traded Chemical products n.e.s., disaggragated by their HS6 level were Chemical products n.e.s. ($213B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Chemical products n.e.s..
It is possible to select the main countries that export or import Chemical products n.e.s. in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

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.