HS Icon Mens, boys trousers & shorts, wool or hair, not knit

620341 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1B, Rnk 2030 / 4726

Top Exporter (2018): $166M, China

Top Importer (2018): $212M, United States

Product Complexity (2018): -1.37, Rnk 4367 / 4873

Export Growth (CAGR)(2017 - 2018): 6.33%, Rnk 3174 / 4726

Mean Tariff (2018): 28%, Rnk 151 / 6538

Share of World Trade (2018): 0.0055%, Rnk 2030 / 4726

Overview:  This page contains the latest trade data of Mens, boys trousers & shorts, wool or hair, not knit. In 2018, Mens, boys trousers & shorts, wool or hair, not knit were the world's 2030th most traded product, with a total trade of $1B. Between 2017 and 2018 the exports of Mens, boys trousers & shorts, wool or hair, not knit grew by 6.33%, from  $943M to $1B. Trade in Mens, boys trousers & shorts, wool or hair, not knit represent 0.0055% of total world trade.

Exports: In 2018 the top exporters of Mens, boys trousers & shorts, wool or hair, not knit  were China ($166M), Italy ($118M), Germany ($87.1M), Romania ($58.2M), and Vietnam ($50.3M).

Imports: In 2018 the top importers of Mens, boys trousers & shorts, wool or hair, not knit were United States ($212M), Germany ($91.7M), United Kingdom ($76.1M), Japan ($65.9M), and France ($52M).

Tariffs: In 2018 the average tariff for Mens, boys trousers & shorts, wool or hair, not knit was 28%, been the 151 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mens, boys trousers & shorts, wool or hair, not knit are Austria (119%), Iran (100%), Syria (73.5%), South Africa (40.8%), and Cape Verde (40%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).

Ranking: Mens, boys trousers & shorts, wool or hair, not knit ranks 4367th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $166M

Top Destination (2018): United States, $212M

Mens, boys trousers & shorts, wool or hair, not knit are the world's 2030th most traded product.

In 2018, the top exporters of Mens, boys trousers & shorts, wool or hair, not knit were China ($166M), Italy ($118M), Germany ($87.1M), Romania ($58.2M), and Vietnam ($50.3M).

In 2018, the top importers of Mens, boys trousers & shorts, wool or hair, not knit were United States ($212M), Germany ($91.7M), United Kingdom ($76.1M), Japan ($65.9M), and France ($52M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $24.9M

Top Destination Growth (2017 - 2018): Spain, $16.4M

Between 2017 and 2018, the exports of Mens, boys trousers & shorts, wool or hair, not knit grew the fastest in Germany ($24.9M), China ($18.4M), Spain ($9.24M), France ($8.73M), and Morocco ($7.94M).

Between 2017 and 2018, the fastest growing importers of Mens, boys trousers & shorts, wool or hair, not knit were Spain ($16.4M), Switzerland ($11.4M), France ($9.71M), Ethiopia ($8.16M), and Italy ($5.38M).

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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 trousers & shorts, wool or hair, not knit.

In 2018,  market concentration measured using Shannon Entropy, was 4.75. This means that most of the exports of Mens, boys trousers & shorts, wool or hair, not knit are explained by 26 countries.

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TOP NET EXPORTER (2018): China, $139M

TOP NET IMPORTER (2018): United States, $209M

This map shows which countries export or import more of Mens, boys trousers & shorts, wool or hair, not knit. Each country is colored based on the difference in exports and imports of Mens, boys trousers & shorts, 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 trousers & shorts, wool or hair, not knit were China ($139M), Italy ($72.8M), Vietnam ($49.8M), Romania ($45.6M), and Turkey ($36.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Mens, boys trousers & shorts, wool or hair, not knit were United States ($209M), Japan ($63.4M), United Kingdom ($57.8M), France ($27.4M), and Spain ($21.4M).

Trade Forecasts

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This section shows forecasts for total trade for Mens, boys trousers & shorts, 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 trousers & shorts, wool or hair, not knit was 28%.  The countries with the highest tariffs for importing Mens, boys trousers & shorts, wool or hair, not knit were Austria (119%), Iran (100%), 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.