HS Icon Mens, boys trousers & shorts, of cotton, not knit

620342 (Harmonized System 1992 for 6-digit)

World Trade (2018): $27.2B, Rnk 92 / 4726

Top Exporter (2018): $5.87B, Bangladesh

Top Importer (2018): $5.34B, United States

Product Complexity (2018): -1.96, Rnk 4726 / 4873

Export Growth (CAGR)(2017 - 2018): 9.79%, Rnk 2703 / 4726

Mean Tariff (2018): 23.7%, Rnk 345 / 6538

Share of World Trade (2018): 0.15%, Rnk 92 / 4726

Overview:  This page contains the latest trade data of Mens, boys trousers & shorts, of cotton, not knit. In 2018, Mens, boys trousers & shorts, of cotton, not knit were the world's 92nd most traded product, with a total trade of $27.2B. Between 2017 and 2018 the exports of Mens, boys trousers & shorts, of cotton, not knit grew by 9.79%, from  $24.8B to $27.2B. Trade in Mens, boys trousers & shorts, of cotton, not knit represent 0.15% of total world trade.

Exports: In 2018 the top exporters of Mens, boys trousers & shorts, of cotton, not knit  were Bangladesh ($5.87B), China ($4.78B), Germany ($2B), Pakistan ($1.35B), and Mexico ($1.1B).

Imports: In 2018 the top importers of Mens, boys trousers & shorts, of cotton, not knit were United States ($5.34B), Germany ($3.64B), France ($1.71B), Spain ($1.38B), and Italy ($1.1B).

Tariffs: In 2018 the average tariff for Mens, boys trousers & shorts, of cotton, not knit was 23.7%, been the 345 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mens, boys trousers & shorts, of cotton, not knit are Iran (100%), Syria (73.5%), Turkmenistan (50%), 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, of cotton, not knit ranks 4726th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Bangladesh, $5.87B

Top Destination (2018): United States, $5.34B

Mens, boys trousers & shorts, of cotton, not knit are the world's 92nd most traded product.

In 2018, the top exporters of Mens, boys trousers & shorts, of cotton, not knit were Bangladesh ($5.87B), China ($4.78B), Germany ($2B), Pakistan ($1.35B), and Mexico ($1.1B).

In 2018, the top importers of Mens, boys trousers & shorts, of cotton, not knit were United States ($5.34B), Germany ($3.64B), France ($1.71B), Spain ($1.38B), and Italy ($1.1B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $780M

Top Destination Growth (2017 - 2018): Germany, $430M

Between 2017 and 2018, the exports of Mens, boys trousers & shorts, of cotton, not knit grew the fastest in Germany ($780M), Bangladesh ($496M), Netherlands ($271M), Spain ($252M), and Italy ($145M).

Between 2017 and 2018, the fastest growing importers of Mens, boys trousers & shorts, of cotton, not knit were Germany ($430M), Switzerland ($257M), France ($232M), Italy ($155M), and Kyrgyzstan ($146M).

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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, of cotton, not knit.

In 2018,  market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Mens, boys trousers & shorts, of cotton, not knit are explained by 20 countries.

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TOP NET EXPORTER (2018): Bangladesh, $5.86B

TOP NET IMPORTER (2018): United States, $5.18B

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

In 2018, the countries that had a largest trade value in exports than in imports of Mens, boys trousers & shorts, of cotton, not knit were Bangladesh ($5.86B), China ($4.44B), Pakistan ($1.34B), Vietnam ($920M), and Turkey ($913M).

In 2018, the countries that had a largest trade value in imports than in exports of Mens, boys trousers & shorts, of cotton, not knit were United States ($5.18B), Germany ($1.63B), France ($1.37B), United Kingdom ($852M), and Japan ($793M).

Trade Forecasts

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This section shows forecasts for total trade for Mens, boys trousers & shorts, of cotton, 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, of cotton, not knit was 23.7%.  The countries with the highest tariffs for importing Mens, boys trousers & shorts, of cotton, not knit were Iran (100%), Syria (73.5%), Turkmenistan (50%), 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.