HS Icon Non-Retail Animal Hair Yarn

5108 (Harmonized System 1992 for 4-digit)

World Trade (2018): $632M, Rnk 994 / 1225

Top Exporter (2018): $414M, China

Top Importer (2018): $135M, Hong Kong

Product Complexity (2018): -0.64, Rnk 737 / 1018

Export Growth (CAGR)(2017 - 2018): 52.3%, Rnk 61 / 1225

Mean Tariff (2018): 5.55%, Rnk 744 / 1259

Share of World Trade (2018): 0.0034%, Rnk 994 / 1225

Overview:  This page contains the latest trade data of Non-Retail Animal Hair Yarn. In 2018, Non-Retail Animal Hair Yarn were the world's 994th most traded product, with a total trade of $632M. Between 2017 and 2018 the exports of Non-Retail Animal Hair Yarn grew by 52.3%, from  $415M to $632M. Trade in Non-Retail Animal Hair Yarn represent 0.0034% of total world trade.

Exports: In 2018 the top exporters of Non-Retail Animal Hair Yarn  were China ($414M), Italy ($105M), Hong Kong ($28M), Peru ($21M), and United Kingdom ($19.7M).

Imports: In 2018 the top importers of Non-Retail Animal Hair Yarn were Hong Kong ($135M), Vietnam ($76.4M), Cambodia ($48.4M), Kazakhstan ($48.3M), and Madagascar ($41.7M).

Tariffs: In 2018 the average tariff for Non-Retail Animal Hair Yarn was 5.55%, been the 744 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Non-Retail Animal Hair Yarn are Bahamas (40.2%), Uzbekistan (28.7%), Iran (20%), Ethiopia (19.8%), and Venezuela (17.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Lebanon (0%).

Ranking: Non-Retail Animal Hair Yarn ranks 737th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $414M

Top Destination (2018): Hong Kong, $135M

Non-Retail Animal Hair Yarn are the world's 994th most traded product.

In 2018, the top exporters of Non-Retail Animal Hair Yarn were China ($414M), Italy ($105M), Hong Kong ($28M), Peru ($21M), and United Kingdom ($19.7M).

In 2018, the top importers of Non-Retail Animal Hair Yarn were Hong Kong ($135M), Vietnam ($76.4M), Cambodia ($48.4M), Kazakhstan ($48.3M), and Madagascar ($41.7M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $146M

Top Destination Growth (2017 - 2018): Vietnam, $44.7M

Between 2017 and 2018, the exports of Non-Retail Animal Hair Yarn grew the fastest in China ($146M), Italy ($31.3M), Hong Kong ($18.4M), Peru ($4.39M), and Croatia ($3.2M).

Between 2017 and 2018, the fastest growing importers of Non-Retail Animal Hair Yarn were Vietnam ($44.7M), Kazakhstan ($42.2M), Madagascar ($32.4M), Kyrgyzstan ($17.9M), and Russia ($13.9M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Non-Retail Animal Hair Yarn.

In 2018,  market concentration measured using Shannon Entropy, was 1.86. This means that most of the exports of Non-Retail Animal Hair Yarn are explained by 3 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $391M

TOP NET IMPORTER (2018): Hong Kong, $107M

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

In 2018, the countries that had a largest trade value in exports than in imports of Non-Retail Animal Hair Yarn were China ($391M), Italy ($64.6M), Peru ($20.4M), South Africa ($10.8M), and Bulgaria ($5.17M).

In 2018, the countries that had a largest trade value in imports than in exports of Non-Retail Animal Hair Yarn were Hong Kong ($107M), Madagascar ($41.6M), Russia ($16.7M), South Korea ($15.3M), and United States ($10.7M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Non-Retail Animal Hair Yarn. 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 Non-Retail Animal Hair Yarn was 5.55%.  The countries with the highest tariffs for importing Non-Retail Animal Hair Yarn were Bahamas (40.2%), Uzbekistan (28.7%), Iran (20%), Ethiopia (19.8%), and Venezuela (17.3%).

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.