HS Icon Decals

4908 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.13B, Rnk 886 / 1225

Top Exporter (2018): $252M, Germany

Top Importer (2018): $107M, United States

Product Complexity (2018): 1, Rnk 174 / 1018

Export Growth (CAGR)(2017 - 2018): 17.3%, Rnk 413 / 1225

Mean Tariff (2018): 7.5%, Rnk 587 / 1259

Share of World Trade (2018): 0.0061%, Rnk 886 / 1225

Overview:  This page contains the latest trade data of Decals. In 2018, Decals were the world's 886th most traded product, with a total trade of $1.13B. Between 2017 and 2018 the exports of Decals grew by 17.3%, from  $963M to $1.13B. Trade in Decals represent 0.0061% of total world trade.

Exports: In 2018 the top exporters of Decals  were Germany ($252M), China ($195M), Japan ($124M), Chinese Taipei ($84.1M), and United States ($83.1M).

Imports: In 2018 the top importers of Decals were United States ($107M), China ($89.7M), Hong Kong ($83.5M), Mexico ($64.6M), and Vietnam ($63.6M).

Tariffs: In 2018 the average tariff for Decals was 7.5%, been the 587 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Decals are Bahamas (41%), Uzbekistan (28.7%), Ecuador (27.6%), Bermuda (25%), and Algeria (24%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), South Korea (0%), and Maldives (0%).

Ranking: Decals ranks 174th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $252M

Top Destination (2018): United States, $107M

Decals are the world's 886th most traded product.

In 2018, the top exporters of Decals were Germany ($252M), China ($195M), Japan ($124M), Chinese Taipei ($84.1M), and United States ($83.1M).

In 2018, the top importers of Decals were United States ($107M), China ($89.7M), Hong Kong ($83.5M), Mexico ($64.6M), and Vietnam ($63.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $74.7M

Top Destination Growth (2017 - 2018): Hong Kong, $25M

Between 2017 and 2018, the exports of Decals grew the fastest in Germany ($74.7M), China ($42.7M), Italy ($11.4M), United States ($10.8M), and United Kingdom ($8.46M).

Between 2017 and 2018, the fastest growing importers of Decals were Hong Kong ($25M), Vietnam ($23.7M), Canada ($21.7M), United Kingdom ($20.1M), and Australia ($16.2M).

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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 Decals.

In 2018,  market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Decals are explained by 15 countries.

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TOP NET EXPORTER (2018): Germany, $204M

TOP NET IMPORTER (2018): Vietnam, $60.1M

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

In 2018, the countries that had a largest trade value in exports than in imports of Decals were Germany ($204M), Japan ($113M), China ($105M), Chinese Taipei ($77.7M), and Italy ($27.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Decals were Vietnam ($60.1M), Mexico ($49M), France ($33.6M), Indonesia ($27.2M), and Cambodia ($25.6M).

Trade Forecasts

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This section shows forecasts for total trade for Decals. 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 Decals was 7.5%.  The countries with the highest tariffs for importing Decals were Bahamas (41%), Uzbekistan (28.7%), Ecuador (27.6%), Bermuda (25%), and Algeria (24%).

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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.