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HS Icon Pastes and Waxes

Modelling pastes, including those for children; dental wax, impression compounds, in sets or packings for retail sale or in plates and similar forms; dentistry preparations with plaster base

3407 (Harmonized System 1992 for 4-digit)

2021
World Trade: $1.29B, Rnk 880 / 1217

2021
Top Exporter | Top Importer: $460M | $276M, China | United States

2021
Product Complexity: 0.95, Rnk 188 / 1024

2020 - 2021
Export Growth (CAGR): 34.8%, Rnk 249 / 1217

2018
Mean Tariff: 7.71%, Rnk 565 / 1259

2021
Share of World Trade: 0.0062%, Rnk 880 / 1217

About

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Overview This page contains the latest trade data of Pastes and Waxes. In 2021, Pastes and Waxes were the world's 880th most traded product, with a total trade of $1.29B. Between 2020 and 2021 the exports of Pastes and Waxes grew by 34.8%, from $960M to $1.29B. Trade in Pastes and Waxes represent 0.0062% of total world trade.

Pastes and Waxes are a part of Soap, cleaners, candles, dental, modelling pastes. They include Model paste, dental paste and wax, etc..

Exports In 2021 the top exporters of Pastes and Waxes  were China ($460M), Germany ($249M), Italy ($115M), United States ($64.1M), and Netherlands ($61.5M).

Imports In 2021 the top importers of Pastes and Waxes were United States ($276M), Germany ($97M), Netherlands ($63.2M), Mexico ($50.6M), and Russia ($48M).

Tariffs In 2018 the average tariff for Pastes and Waxes was 7.71%, making it the 565th lowest tariff using the HS4 product classification.

Ranking Pastes and Waxes ranks 188th in the Product Complexity Index (PCI).

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Latest Data

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View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Pastes and Waxes. 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.

Explore Latest Trends

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): China, $460M

Top Destination (2021): United States, $276M

Pastes and Waxes are the world's 880th most traded product.

In 2021, the top exporters of Pastes and Waxes were China ($460M), Germany ($249M), Italy ($115M), United States ($64.1M), and Netherlands ($61.5M).

In 2021, the top importers of Pastes and Waxes were United States ($276M), Germany ($97M), Netherlands ($63.2M), Mexico ($50.6M), and Russia ($48M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): China, $127M

Top Destination Growth (2020 -  2021): United States, $82.3M

Between 2020 and 2021, the exports of Pastes and Waxes grew the fastest in China ($127M), Germany ($64.4M), Italy ($34.7M), Netherlands ($16.8M), and United States ($11.9M).

Between 2020 and 2021, the fastest growing importers of Pastes and Waxes were United States ($82.3M), Germany ($28.9M), Mexico ($27.4M), Spain ($13.5M), and Netherlands ($12.5M).

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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 Pastes and Waxes.

In 2021, market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Pastes and Waxes are explained by 11 countries.

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Net Trade

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TOP NET EXPORTER (2021): China, $416M

TOP NET IMPORTER (2021): United States, $212M

This map shows which countries export or import more of Pastes and Waxes. Each country is colored based on the difference in exports and imports of Pastes and Waxes during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Pastes and Waxes were China ($416M), Germany ($152M), Italy ($83.6M), Sweden ($24.7M), and Japan ($17.7M).

In 2021, the countries that had a largest trade value in imports than in exports of Pastes and Waxes were United States ($212M), Russia ($40.7M), France ($32.3M), United Kingdom ($29.6M), and Mexico ($28.4M).

Disaggregation

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Value

In 2021, the world most traded Pastes and Waxes, disaggragated by their HS6 level were Model paste, dental paste and wax,... ($1.29B)

Country Comparison

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Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Pastes and Waxes.
It is possible to select the main countries that export or import Pastes and Waxes 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.

Country by Relatedness

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The following visualization shows the relatedness of Pastes and Waxes to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

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