HS Icon Knit Men's Coats

6101 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.97B, Rnk 629 / 1225

Top Exporter (2018): $608M, China

Top Importer (2018): $741M, United States

Product Complexity (2018): -1.24, Rnk 881 / 1018

Export Growth (CAGR)(2017 - 2018): 9.1%, Rnk 814 / 1225

Mean Tariff (2018): 23.7%, Rnk 60 / 1259

Share of World Trade (2018): 0.016%, Rnk 629 / 1225

Overview:  This page contains the latest trade data of Knit Men's Coats. In 2018, Knit Men's Coats were the world's 629th most traded product, with a total trade of $2.97B. Between 2017 and 2018 the exports of Knit Men's Coats grew by 9.1%, from  $2.72B to $2.97B. Trade in Knit Men's Coats represent 0.016% of total world trade.

Exports: In 2018 the top exporters of Knit Men's Coats  were China ($608M), Vietnam ($333M), Cambodia ($219M), Belgium-Luxembourg ($185M), and Bangladesh ($158M).

Imports: In 2018 the top importers of Knit Men's Coats were United States ($741M), Germany ($266M), United Kingdom ($177M), France ($156M), and Netherlands ($144M).

Tariffs: In 2018 the average tariff for Knit Men's Coats was 23.7%, been the 60 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Knit Men's Coats are Iran (100%), Syria (73.5%), Bolivia (38.5%), South Africa (36.3%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).

Ranking: Knit Men's Coats ranks 881st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $608M

Top Destination (2018): United States, $741M

Knit Men's Coats are the world's 629th most traded product.

In 2018, the top exporters of Knit Men's Coats were China ($608M), Vietnam ($333M), Cambodia ($219M), Belgium-Luxembourg ($185M), and Bangladesh ($158M).

In 2018, the top importers of Knit Men's Coats were United States ($741M), Germany ($266M), United Kingdom ($177M), France ($156M), and Netherlands ($144M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $87.6M

Top Destination Growth (2017 - 2018): Netherlands, $43M

Between 2017 and 2018, the exports of Knit Men's Coats grew the fastest in Belgium-Luxembourg ($87.6M), Vietnam ($63.4M), Cambodia ($61.7M), United Kingdom ($31.3M), and Germany ($24.9M).

Between 2017 and 2018, the fastest growing importers of Knit Men's Coats were Netherlands ($43M), Germany ($40.7M), France ($36.6M), United States ($25.3M), and Italy ($19.6M).

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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 Knit Men's Coats.

In 2018,  market concentration measured using Shannon Entropy, was 4.62. This means that most of the exports of Knit Men's Coats are explained by 24 countries.

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TOP NET EXPORTER (2018): China, $559M

TOP NET IMPORTER (2018): United States, $708M

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

In 2018, the countries that had a largest trade value in exports than in imports of Knit Men's Coats were China ($559M), Vietnam ($329M), Cambodia ($219M), Bangladesh ($158M), and Indonesia ($97.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Knit Men's Coats were United States ($708M), Germany ($158M), Japan ($106M), United Kingdom ($106M), and France ($103M).

Trade Forecasts

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This section shows forecasts for total trade for Knit Men's Coats. 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 Knit Men's Coats was 23.7%.  The countries with the highest tariffs for importing Knit Men's Coats were Iran (100%), Syria (73.5%), Bolivia (38.5%), South Africa (36.3%), and Sudan (35%).

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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.