Residual products of the chemical or allied industries3825 (Harmonized System 2002 for 4-digit)
2021 World Trade: $343M, Rnk 1096 / 1221
2021 Top Exporter | Top Importer: $43.4M | $47M, United States | South Korea
2020 - 2021 Export Growth (CAGR): 32.7%, Rnk 283 / 1221
2018 Mean Tariff: 17.5%, Rnk 140 / 1259
2021 Share of World Trade: <0.01%, Rnk 1096 / 1221
Overview This page contains the latest trade data of Residual products of the chemical or allied industries. In 2021, Residual products of the chemical or allied industries were the world's 1096th most traded product, with a total trade of $343M. Between 2020 and 2021 the exports of Residual products of the chemical or allied industries grew by 32.7%, from $259M to $343M. Trade in Residual products of the chemical or allied industries represent 0.000016% of total world trade.
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Exports In 2021 the top exporters of Residual products of the chemical or allied industries were United States ($43.4M), United Kingdom ($38M), China ($33.1M), Germany ($22.2M), and Indonesia ($14.2M).
Imports In 2021 the top importers of Residual products of the chemical or allied industries were South Korea ($47M), Belgium ($44.9M), United States ($28.2M), Germany ($25.5M), and Japan ($18.8M).
Tariffs In 2018 the average tariff for Residual products of the chemical or allied industries was 17.5%, making it the 140th lowest tariff using the HS4 product classification.
The following visualization shows the latest trends on Residual products of the chemical or allied industries. 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 (2021): United States, $43.4M
Top Destination (2021): South Korea, $47M
Residual products of the chemical or allied industries are the world's 1096th most traded product.
In 2021, the top exporters of Residual products of the chemical or allied industries were United States ($43.4M), United Kingdom ($38M), China ($33.1M), Germany ($22.2M), and Indonesia ($14.2M).
In 2021, the top importers of Residual products of the chemical or allied industries were South Korea ($47M), Belgium ($44.9M), United States ($28.2M), Germany ($25.5M), and Japan ($18.8M).
Trade by country
Top Origin Growth (2020 - 2021): United Kingdom, $32.3M
Top Destination Growth (2020 - 2021): Belgium, $35.7M
Between 2020 and 2021, the exports of Residual products of the chemical or allied industries grew the fastest in United Kingdom ($32.3M), United States ($30.7M), Russia ($9.01M), Indonesia ($6.51M), and Chinese Taipei ($6.48M).
Between 2020 and 2021, the fastest growing importers of Residual products of the chemical or allied industries were Belgium ($35.7M), South Korea ($10.9M), Cyprus ($9.95M), Estonia ($9.69M), and Sweden ($9.58M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Residual products of the chemical or allied industries.
In 2021, market concentration measured using Shannon Entropy, was 4.7. This means that most of the exports of Residual products of the chemical or allied industries are explained by 26 countries.
TOP NET EXPORTER (2021): United Kingdom, $33.9M
TOP NET IMPORTER (2021): South Korea, $46.7M
This map shows which countries export or import more of Residual products of the chemical or allied industries. Each country is colored based on the difference in exports and imports of Residual products of the chemical or allied industries during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Residual products of the chemical or allied industries were United Kingdom ($33.9M), China ($27.2M), United States ($15.2M), Indonesia ($13.1M), and Norway ($12.7M).
In 2021, the countries that had a largest trade value in imports than in exports of Residual products of the chemical or allied industries were South Korea ($46.7M), Belgium ($34.9M), Japan ($16.4M), Sweden ($16.4M), and Estonia ($11.1M).
In 2021, the world most traded Residual products of the chemical or..., disaggragated by their HS6 level were Residual products of the chemical or... ($103M), Residual products of the chemical or... ($92.7M), Residual products of the chemical or... ($75M), Residual products of the chemical or... ($34.3M), and Residual products of the chemical or... ($14.5M)
This visualization shows the countries that have an important ratio of their trade related to Residual products of the chemical or allied industries. It is possible to select the main countries that export or import Residual products of the chemical or allied industries 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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