HS Icon Human Hair

0501 (Harmonized System 1992 for 4-digit)

World Trade (2018): $111M, Rnk 1173 / 1225

Top Exporter (2018): $32M, Hong Kong

Top Importer (2018): $31.2M, Indonesia

Export Growth (CAGR)(2017 - 2018): -11.2%, Rnk 1184 / 1225

Mean Tariff (2018): 6.95%, Rnk 620 / 1259

Share of World Trade (2018): 0.00061%, Rnk 1173 / 1225

Overview:  This page contains the latest trade data of Human Hair. In 2018, Human Hair were the world's 1173rd most traded product, with a total trade of $111M. Between 2017 and 2018 the exports of Human Hair decreased by -11.2%, from  $126M to $111M. Trade in Human Hair represent 0.00061% of total world trade.

Exports: In 2018 the top exporters of Human Hair  were Hong Kong ($32M), India ($22.1M), Singapore ($11.2M), Burma ($8.89M), and Malaysia ($8.81M).

Imports: In 2018 the top importers of Human Hair were Indonesia ($31.2M), China ($16.9M), Austria ($13.6M), Burma ($11M), and Hong Kong ($9.08M).

Tariffs: In 2018 the average tariff for Human Hair was 6.95%, been the 620 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Human Hair are Tunisia (36%), Bahamas (31.2%), Iran (30%), Algeria (27.6%), and Bermuda (25%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Hong Kong, $32M

Top Destination (2018): Indonesia, $31.2M

Human Hair are the world's 1173rd most traded product.

In 2018, the top exporters of Human Hair were Hong Kong ($32M), India ($22.1M), Singapore ($11.2M), Burma ($8.89M), and Malaysia ($8.81M).

In 2018, the top importers of Human Hair were Indonesia ($31.2M), China ($16.9M), Austria ($13.6M), Burma ($11M), and Hong Kong ($9.08M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Hong Kong, $22.6M

Top Destination Growth (2017 - 2018): Indonesia, $21.5M

Between 2017 and 2018, the exports of Human Hair grew the fastest in Hong Kong ($22.6M), Malaysia ($7.56M), Italy ($2.47M), Burma ($2.34M), and China ($1.89M).

Between 2017 and 2018, the fastest growing importers of Human Hair were Indonesia ($21.5M), Hong Kong ($7.42M), Austria ($3.92M), United States ($1.52M), and China ($987k).

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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 Human Hair.

In 2018,  market concentration measured using Shannon Entropy, was 3.27. This means that most of the exports of Human Hair are explained by 9 countries.

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TOP NET EXPORTER (2018): Hong Kong, $23M

TOP NET IMPORTER (2018): Indonesia, $30.3M

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

In 2018, the countries that had a largest trade value in exports than in imports of Human Hair were Hong Kong ($23M), India ($21.3M), Singapore ($10.8M), Malaysia ($8.75M), and Germany ($2.17M).

In 2018, the countries that had a largest trade value in imports than in exports of Human Hair were Indonesia ($30.3M), Austria ($13.6M), China ($8.3M), Italy ($4.71M), and Sweden ($3.11M).

Trade Forecasts

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This section shows forecasts for total trade for Human Hair. 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 Human Hair was 6.95%.  The countries with the highest tariffs for importing Human Hair were Tunisia (36%), Bahamas (31.2%), Iran (30%), Algeria (27.6%), and Bermuda (25%).

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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.