HS Icon Mens, boys jackets & blazers, wool or hair, not knit

620331 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.77B, Rnk 1447 / 4726

Top Exporter (2018): $286M, Italy

Top Importer (2018): $366M, United States

Product Complexity (2018): -1.12, Rnk 4140 / 4873

Export Growth (CAGR)(2017 - 2018): 4.27%, Rnk 3418 / 4726

Mean Tariff (2018): 26.4%, Rnk 180 / 6538

Share of World Trade (2018): 0.0096%, Rnk 1447 / 4726

Overview:  This page contains the latest trade data of Mens, boys jackets & blazers, wool or hair, not knit. In 2018, Mens, boys jackets & blazers, wool or hair, not knit were the world's 1447th most traded product, with a total trade of $1.77B. Between 2017 and 2018 the exports of Mens, boys jackets & blazers, wool or hair, not knit grew by 4.27%, from  $1.7B to $1.77B. Trade in Mens, boys jackets & blazers, wool or hair, not knit represent 0.0096% of total world trade.

Exports: In 2018 the top exporters of Mens, boys jackets & blazers, wool or hair, not knit  were Italy ($286M), China ($266M), Germany ($174M), Romania ($89.9M), and Vietnam ($69.1M).

Imports: In 2018 the top importers of Mens, boys jackets & blazers, wool or hair, not knit were United States ($366M), Germany ($181M), United Kingdom ($141M), Italy ($99.6M), and France ($89.6M).

Tariffs: In 2018 the average tariff for Mens, boys jackets & blazers, wool or hair, not knit was 26.4%, been the 180 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mens, boys jackets & blazers, wool or hair, not knit are Iran (100%), Austria (89.7%), Syria (73.5%), South Africa (40.8%), and Cape Verde (40%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Mens, boys jackets & blazers, wool or hair, not knit ranks 4140th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $286M

Top Destination (2018): United States, $366M

Mens, boys jackets & blazers, wool or hair, not knit are the world's 1447th most traded product.

In 2018, the top exporters of Mens, boys jackets & blazers, wool or hair, not knit were Italy ($286M), China ($266M), Germany ($174M), Romania ($89.9M), and Vietnam ($69.1M).

In 2018, the top importers of Mens, boys jackets & blazers, wool or hair, not knit were United States ($366M), Germany ($181M), United Kingdom ($141M), Italy ($99.6M), and France ($89.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $48.8M

Top Destination Growth (2017 - 2018): Switzerland, $32.3M

Between 2017 and 2018, the exports of Mens, boys jackets & blazers, wool or hair, not knit grew the fastest in Germany ($48.8M), China ($19.6M), Switzerland ($18.8M), Portugal ($17.4M), and France ($14.9M).

Between 2017 and 2018, the fastest growing importers of Mens, boys jackets & blazers, wool or hair, not knit were Switzerland ($32.3M), Spain ($19.5M), Italy ($17.9M), Belgium-Luxembourg ($6.63M), and United States ($5.46M).

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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 Mens, boys jackets & blazers, wool or hair, not knit.

In 2018,  market concentration measured using Shannon Entropy, was 4.59. This means that most of the exports of Mens, boys jackets & blazers, wool or hair, not knit are explained by 24 countries.

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TOP NET EXPORTER (2018): China, $223M

TOP NET IMPORTER (2018): United States, $360M

This map shows which countries export or import more of Mens, boys jackets & blazers, wool or hair, not knit. Each country is colored based on the difference in exports and imports of Mens, boys jackets & blazers, wool or hair, not knit during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Mens, boys jackets & blazers, wool or hair, not knit were China ($223M), Italy ($186M), Vietnam ($68.6M), Romania ($62.9M), and Bulgaria ($57.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Mens, boys jackets & blazers, wool or hair, not knit were United States ($360M), United Kingdom ($111M), Japan ($81.5M), France ($47.8M), and South Korea ($33.5M).

Trade Forecasts

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This section shows forecasts for total trade for Mens, boys jackets & blazers, wool or hair, not knit. 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 Mens, boys jackets & blazers, wool or hair, not knit was 26.4%.  The countries with the highest tariffs for importing Mens, boys jackets & blazers, wool or hair, not knit were Iran (100%), Austria (89.7%), Syria (73.5%), South Africa (40.8%), and Cape Verde (40%).

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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.