HS Icon Sulfate Chemical Woodpulp

4703 (Harmonized System 1992 for 4-digit)

World Trade (2018): $40.3B, Rnk 93 / 1225

Top Exporter (2018): $8.26B, Brazil

Top Importer (2018): $14.2B, China

Product Complexity (2018): -0.2, Rnk 612 / 1018

Export Growth (CAGR)(2017 - 2018): 28.3%, Rnk 189 / 1225

Mean Tariff (2018): 2.25%, Rnk 1206 / 1259

Share of World Trade (2018): 0.22%, Rnk 93 / 1225

Overview: In 2018, Sulfate Chemical Woodpulp were the world's 93rd most traded product, with a total trade of $40.3B. Between 2017 and 2018 the exports of Sulfate Chemical Woodpulp grew by 28.3%, from  $31.4B to $40.3B. Trade in Sulfate Chemical Woodpulp represent 0.22% of total world trade.

Exports: In 2018 the top exporters of Sulfate Chemical Woodpulp  were Brazil ($8.26B), Canada ($5.37B), United States ($4.86B), Chile ($3.71B), and Indonesia ($2.99B).

Imports: In 2018 the top importers of Sulfate Chemical Woodpulp were China ($14.2B), United States ($3.07B), Italy ($2.45B), Netherlands ($2.33B), and Germany ($2.14B).

Tariffs: In 2018 the average tariff for Sulfate Chemical Woodpulp was 2.25%, been the 1206 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sulfate Chemical Woodpulp 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: Sulfate Chemical Woodpulp ranks 612th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Brazil, $8.26B

Top Destination (2018): China, $14.2B

Sulfate Chemical Woodpulp are the world's 93rd most traded product.

In 2018, the top exporters of Sulfate Chemical Woodpulp were Brazil ($8.26B), Canada ($5.37B), United States ($4.86B), Chile ($3.71B), and Indonesia ($2.99B).

In 2018, the top importers of Sulfate Chemical Woodpulp were China ($14.2B), United States ($3.07B), Italy ($2.45B), Netherlands ($2.33B), and Germany ($2.14B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Brazil, $1.7B

Top Destination Growth (2017 - 2018): China, $3.24B

Between 2017 and 2018, the exports of Sulfate Chemical Woodpulp grew the fastest in Brazil ($1.7B), Chile ($1.05B), Canada ($961M), United States ($854M), and Finland ($773M).

Between 2017 and 2018, the fastest growing importers of Sulfate Chemical Woodpulp were China ($3.24B), Netherlands ($895M), Italy ($529M), United States ($390M), and Singapore ($315M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Sulfate Chemical Woodpulp.

In 2018,  market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Sulfate Chemical Woodpulp are explained by 14 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Brazil, $8.13B

TOP NET IMPORTER (2018): China, $14.1B

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

In 2018, the countries that had a largest trade value in exports than in imports of Sulfate Chemical Woodpulp were Brazil ($8.13B), Canada ($5.16B), Chile ($3.7B), Finland ($2.63B), and Indonesia ($2.34B).

In 2018, the countries that had a largest trade value in imports than in exports of Sulfate Chemical Woodpulp were China ($14.1B), Italy ($2.32B), Netherlands ($1.6B), Germany ($1.48B), and South Korea ($1.28B).

Trade Forecasts

#permalink to section

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

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Sulfate Chemical Woodpulp was 2.25%.  The countries with the highest tariffs for importing Sulfate Chemical Woodpulp were Bahamas (40.2%), Bermuda (25%), Maldives (24.5%), Cameroon (9.81%), and Gabon (9.81%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.