HS Icon Semi chemical Woodpulp

4705 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.27B, Rnk 705 / 1225

Top Exporter (2018): $1.25B, Canada

Top Importer (2018): $907M, China

Product Complexity (2018): -0.026, Rnk 557 / 1018

Export Growth (CAGR)(2017 - 2018): 13.5%, Rnk 591 / 1225

Mean Tariff (2018): 2.34%, Rnk 1196 / 1259

Share of World Trade (2018): 0.012%, Rnk 705 / 1225

Overview:  This page contains the latest trade data of Semi chemical Woodpulp. In 2018, Semi chemical Woodpulp were the world's 705th most traded product, with a total trade of $2.27B. Between 2017 and 2018 the exports of Semi chemical Woodpulp grew by 13.5%, from  $2B to $2.27B. Trade in Semi chemical Woodpulp represent 0.012% of total world trade.

Exports: In 2018 the top exporters of Semi chemical Woodpulp  were Canada ($1.25B), Sweden ($216M), Finland ($188M), New Zealand ($115M), and Estonia ($94.1M).

Imports: In 2018 the top importers of Semi chemical Woodpulp were China ($907M), South Korea ($216M), Egypt ($164M), India ($159M), and Netherlands ($113M).

Tariffs: In 2018 the average tariff for Semi chemical Woodpulp was 2.34%, been the 1196 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Semi 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: Semi chemical Woodpulp ranks 557th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Canada, $1.25B

Top Destination (2018): China, $907M

Semi chemical Woodpulp are the world's 705th most traded product.

In 2018, the top exporters of Semi chemical Woodpulp were Canada ($1.25B), Sweden ($216M), Finland ($188M), New Zealand ($115M), and Estonia ($94.1M).

In 2018, the top importers of Semi chemical Woodpulp were China ($907M), South Korea ($216M), Egypt ($164M), India ($159M), and Netherlands ($113M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Canada, $186M

Top Destination Growth (2017 - 2018): Netherlands, $68.1M

Between 2017 and 2018, the exports of Semi chemical Woodpulp grew the fastest in Canada ($186M), Norway ($42.8M), Sweden ($39.6M), Estonia ($19.9M), and Indonesia ($12.6M).

Between 2017 and 2018, the fastest growing importers of Semi chemical Woodpulp were Netherlands ($68.1M), Indonesia ($49.8M), South Korea ($42.4M), India ($40.5M), and United States ($22.5M).

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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 Semi chemical Woodpulp.

In 2018,  market concentration measured using Shannon Entropy, was 2.56. This means that most of the exports of Semi chemical Woodpulp are explained by 5 countries.

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TOP NET EXPORTER (2018): Canada, $1.25B

TOP NET IMPORTER (2018): China, $906M

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

In 2018, the countries that had a largest trade value in exports than in imports of Semi chemical Woodpulp were Canada ($1.25B), Finland ($187M), Sweden ($130M), New Zealand ($106M), and Estonia ($94.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Semi chemical Woodpulp were China ($906M), South Korea ($216M), India ($159M), Netherlands ($80.8M), and Indonesia ($70.5M).

Trade Forecasts

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This section shows forecasts for total trade for Semi chemical Woodpulp. 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 Semi chemical Woodpulp was 2.34%.  The countries with the highest tariffs for importing Semi chemical Woodpulp 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.