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Sponges, natural, of animal origin

050900 (Harmonized System 1992 for 6-digit)

2018
World Trade $7.46kRnk 4707 / 4807
2018
Top Exporter | Top Importer $4.38k | $5.57kChina | Timor-Leste
2018
Product Complexity -0.79Rnk 3769 / 4886
2017 - 2018
Export Growth (CAGR) -40.4%Rnk 4675 / 4807
2018
Share of World Trade <0.01%Rnk 4707 / 4807

About

Overview This page contains the latest trade data of Natural Sponges. In 2018, Natural Sponges were the world's 4707th most traded product, with a total trade of $7.46k. Between 2017 and 2018 the exports of Natural Sponges decreased by -40.4%, from $12.5k to $7.46k. Trade in Natural Sponges represent 3.9e-8% of total world trade.

Natural Sponges are a part of Natural Sponges.

Exports In 2018 the top exporters of Natural Sponges  were China ($4.38k), Barbados ($1.44k), Indonesia ($984), United States ($370), and Malaysia ($273).

Imports In 2018 the top importers of Natural Sponges were Timor-Leste ($5.57k), United Kingdom ($904), United States ($535), and Barbados ($450).

Ranking Natural Sponges ranks 3769th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Natural Sponges. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2018)China$4.38k
Top Destination (2018)Timor-Leste$5.57k

In 2018 Natural Sponges were the world's 4707th most traded product (out of 4,807).

In 2018, the top exporters of Natural Sponges were China ($4.38k), Barbados ($1.44k), Indonesia ($984), United States ($370), and Malaysia ($273).

In 2018, the top importers of Natural Sponges were Timor-Leste ($5.57k), United Kingdom ($904), United States ($535), and Barbados ($450).

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Exporters of Natural Sponges (2018)
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Importers of Natural Sponges (2018)
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Market Dynamics

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Exporters of Natural Sponges (2017 - 2018)

Importers of Natural Sponges (2017 - 2018)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Natural Sponges.

In 2018, market concentration measured using Shannon Entropy, was 1.7. This means that most of the exports of Natural Sponges are explained by 3 countries.

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Value of Exports in Natural Sponges

Net Trade

TOP NET EXPORTER (2018)China$4.38k
TOP NET IMPORTER (2018)United States$165

This map shows which countries export or import more of Natural Sponges. Each country is colored based on the difference in exports and imports of Natural Sponges during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Natural Sponges were China ($4.38k), Barbados ($989), Indonesia ($984), Malaysia ($273), and Australia ($14).

In 2018, the countries that had a largest trade value in imports than in exports of Natural Sponges were United States ($165).

Net Trade (2018)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Natural Sponges by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2018)

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