HS Icon Waste, scrap of paper, board, nes (including unsorted

470790 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.19B, Rnk 1239 / 4726

Top Exporter (2018): $417M, United States

Top Importer (2018): $553M, India

Product Complexity (2018): -0.75, Rnk 3712 / 4873

Export Growth (CAGR)(2017 - 2018): -21.3%, Rnk 4531 / 4726

Mean Tariff (2018): 2.39%, Rnk 6024 / 6538

Share of World Trade (2018): 0.012%, Rnk 1239 / 4726

Overview:  This page contains the latest trade data of Waste, scrap of paper, board, nes (including unsorted. In 2018, Waste, scrap of paper, board, nes (including unsorted were the world's 1239th most traded product, with a total trade of $2.19B. Between 2017 and 2018 the exports of Waste, scrap of paper, board, nes (including unsorted decreased by -21.3%, from  $2.79B to $2.19B. Trade in Waste, scrap of paper, board, nes (including unsorted represent 0.012% of total world trade.

Exports: In 2018 the top exporters of Waste, scrap of paper, board, nes (including unsorted  were United States ($417M), United Kingdom ($208M), Netherlands ($179M), Germany ($144M), and United Arab Emirates ($107M).

Imports: In 2018 the top importers of Waste, scrap of paper, board, nes (including unsorted were India ($553M), Germany ($270M), China ($256M), Netherlands ($180M), and Indonesia ($103M).

Tariffs: In 2018 the average tariff for Waste, scrap of paper, board, nes (including unsorted was 2.39%, been the 6024 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Waste, scrap of paper, board, nes (including unsorted are Bahamas (40.2%), Fiji (31.1%), Angola (30%), Bermuda (25%), and Maldives (24.5%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Waste, scrap of paper, board, nes (including unsorted ranks 3712th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $417M

Top Destination (2018): India, $553M

Waste, scrap of paper, board, nes (including unsorted are the world's 1239th most traded product.

In 2018, the top exporters of Waste, scrap of paper, board, nes (including unsorted were United States ($417M), United Kingdom ($208M), Netherlands ($179M), Germany ($144M), and United Arab Emirates ($107M).

In 2018, the top importers of Waste, scrap of paper, board, nes (including unsorted were India ($553M), Germany ($270M), China ($256M), Netherlands ($180M), and Indonesia ($103M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Arab Emirates, $47.8M

Top Destination Growth (2017 - 2018): Canada, $44M

Between 2017 and 2018, the exports of Waste, scrap of paper, board, nes (including unsorted grew the fastest in United Arab Emirates ($47.8M), Thailand ($37.2M), South Korea ($12.6M), Poland ($11.6M), and Switzerland ($11M).

Between 2017 and 2018, the fastest growing importers of Waste, scrap of paper, board, nes (including unsorted were Canada ($44M), Indonesia ($27.3M), Croatia ($11.2M), United Arab Emirates ($9.61M), and Ukraine ($6.83M).

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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 Waste, scrap of paper, board, nes (including unsorted.

In 2018,  market concentration measured using Shannon Entropy, was 4.85. This means that most of the exports of Waste, scrap of paper, board, nes (including unsorted are explained by 28 countries.

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TOP NET EXPORTER (2018): United States, $369M

TOP NET IMPORTER (2018): India, $552M

This map shows which countries export or import more of Waste, scrap of paper, board, nes (including unsorted. Each country is colored based on the difference in exports and imports of Waste, scrap of paper, board, nes (including unsorted during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Waste, scrap of paper, board, nes (including unsorted were United States ($369M), United Kingdom ($196M), United Arab Emirates ($92.9M), Japan ($66.6M), and Poland ($55.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Waste, scrap of paper, board, nes (including unsorted were India ($552M), China ($253M), Germany ($126M), Indonesia ($96.9M), and Vietnam ($50.1M).

Trade Forecasts

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This section shows forecasts for total trade for Waste, scrap of paper, board, nes (including unsorted. 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 Waste, scrap of paper, board, nes (including unsorted was 2.39%.  The countries with the highest tariffs for importing Waste, scrap of paper, board, nes (including unsorted were Bahamas (40.2%), Fiji (31.1%), Angola (30%), Bermuda (25%), and Maldives (24.5%).

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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.