HS Icon Mechanical wood pulp

470100 (Harmonized System 1992 for 6-digit)

World Trade (2018): $412M, Rnk 2992 / 4726

Top Exporter (2018): $138M, New Zealand

Top Importer (2018): $100M, China

Product Complexity (2018): 0.71, Rnk 1285 / 4873

Export Growth (CAGR)(2017 - 2018): 37.5%, Rnk 545 / 4726

Mean Tariff (2018): 2.18%, Rnk 6137 / 6538

Share of World Trade (2018): 0.0022%, Rnk 2992 / 4726

Overview:  This page contains the latest trade data of Mechanical wood pulp. In 2018, Mechanical wood pulp were the world's 2992nd most traded product, with a total trade of $412M. Between 2017 and 2018 the exports of Mechanical wood pulp grew by 37.5%, from  $300M to $412M. Trade in Mechanical wood pulp represent 0.0022% of total world trade.

Exports: In 2018 the top exporters of Mechanical wood pulp  were New Zealand ($138M), Canada ($70.8M), United States ($60.3M), Norway ($38.2M), and Sweden ($30.8M).

Imports: In 2018 the top importers of Mechanical wood pulp were China ($100M), Indonesia ($59.5M), Italy ($34.3M), India ($34.2M), and Japan ($29.6M).

Tariffs: In 2018 the average tariff for Mechanical wood pulp was 2.18%, been the 6137 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mechanical wood pulp are Bahamas (40.2%), Bermuda (25%), Maldives (24.5%), Cameroon (9.81%), and Gabon (9.81%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Mechanical wood pulp ranks 1285th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): New Zealand, $138M

Top Destination (2018): China, $100M

Mechanical wood pulp are the world's 2992nd most traded product.

In 2018, the top exporters of Mechanical wood pulp were New Zealand ($138M), Canada ($70.8M), United States ($60.3M), Norway ($38.2M), and Sweden ($30.8M).

In 2018, the top importers of Mechanical wood pulp were China ($100M), Indonesia ($59.5M), Italy ($34.3M), India ($34.2M), and Japan ($29.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $39.7M

Top Destination Growth (2017 - 2018): China, $41.9M

Between 2017 and 2018, the exports of Mechanical wood pulp grew the fastest in United States ($39.7M), New Zealand ($17.9M), Croatia ($15.4M), Sweden ($14.5M), and Norway ($13.5M).

Between 2017 and 2018, the fastest growing importers of Mechanical wood pulp were China ($41.9M), Italy ($25.8M), United States ($7.55M), Thailand ($6.75M), and Germany ($6.09M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Mechanical wood pulp.

In 2018,  market concentration measured using Shannon Entropy, was 2.97. This means that most of the exports of Mechanical wood pulp are explained by 7 countries.

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TOP NET EXPORTER (2018): New Zealand, $138M

TOP NET IMPORTER (2018): China, $98.9M

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

In 2018, the countries that had a largest trade value in exports than in imports of Mechanical wood pulp were New Zealand ($138M), Canada ($67.4M), United States ($41.7M), Norway ($38.1M), and Sweden ($23.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Mechanical wood pulp were China ($98.9M), Italy ($32.7M), Japan ($29.5M), Netherlands ($11M), and Turkey ($10.1M).

Trade Forecasts

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This section shows forecasts for total trade for Mechanical wood pulp. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Mechanical wood pulp was 2.18%.  The countries with the highest tariffs for importing Mechanical wood pulp were Bahamas (40.2%), Bermuda (25%), Maldives (24.5%), Cameroon (9.81%), and Gabon (9.81%).

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Product Complexity

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Diversification Frontier

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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.