HS Icon Mens, boys trousers shorts, synthetic fibre, not knit

620343 (Harmonized System 1992 for 6-digit)

World Trade (2018): $7.96B, Rnk 402 / 4726

Top Exporter (2018): $2.05B, China

Top Importer (2018): $1.56B, United States

Product Complexity (2018): -1.92, Rnk 4709 / 4873

Export Growth (CAGR)(2017 - 2018): 17.5%, Rnk 1605 / 4726

Mean Tariff (2018): 28.4%, Rnk 142 / 6538

Share of World Trade (2018): 0.043%, Rnk 402 / 4726

Overview:  This page contains the latest trade data of Mens, boys trousers shorts, synthetic fibre, not knit. In 2018, Mens, boys trousers shorts, synthetic fibre, not knit were the world's 402nd most traded product, with a total trade of $7.96B. Between 2017 and 2018 the exports of Mens, boys trousers shorts, synthetic fibre, not knit grew by 17.5%, from  $6.77B to $7.96B. Trade in Mens, boys trousers shorts, synthetic fibre, not knit represent 0.043% of total world trade.

Exports: In 2018 the top exporters of Mens, boys trousers shorts, synthetic fibre, not knit  were China ($2.05B), Vietnam ($1.31B), Bangladesh ($703M), Germany ($319M), and Indonesia ($237M).

Imports: In 2018 the top importers of Mens, boys trousers shorts, synthetic fibre, not knit were United States ($1.56B), Germany ($826M), Japan ($774M), United Kingdom ($435M), and South Korea ($430M).

Tariffs: In 2018 the average tariff for Mens, boys trousers shorts, synthetic fibre, not knit was 28.4%, been the 142 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mens, boys trousers shorts, synthetic fibre, not knit are Austria (127%), Iran (100%), Syria (73.5%), Turkmenistan (44%), and South Africa (40.8%). 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, synthetic fibre, not knit ranks 4709th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $2.05B

Top Destination (2018): United States, $1.56B

Mens, boys trousers shorts, synthetic fibre, not knit are the world's 402nd most traded product.

In 2018, the top exporters of Mens, boys trousers shorts, synthetic fibre, not knit were China ($2.05B), Vietnam ($1.31B), Bangladesh ($703M), Germany ($319M), and Indonesia ($237M).

In 2018, the top importers of Mens, boys trousers shorts, synthetic fibre, not knit were United States ($1.56B), Germany ($826M), Japan ($774M), United Kingdom ($435M), and South Korea ($430M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Vietnam, $164M

Top Destination Growth (2017 - 2018): Germany, $170M

Between 2017 and 2018, the exports of Mens, boys trousers shorts, synthetic fibre, not knit grew the fastest in Vietnam ($164M), Bangladesh ($139M), China ($124M), Germany ($110M), and Belgium-Luxembourg ($106M).

Between 2017 and 2018, the fastest growing importers of Mens, boys trousers shorts, synthetic fibre, not knit were Germany ($170M), United States ($159M), France ($111M), Japan ($90.8M), and South Korea ($59.6M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Mens, boys trousers shorts, synthetic fibre, not knit.

In 2018,  market concentration measured using Shannon Entropy, was 4.39. This means that most of the exports of Mens, boys trousers shorts, synthetic fibre, not knit are explained by 21 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $1.93B

TOP NET IMPORTER (2018): United States, $1.48B

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

In 2018, the countries that had a largest trade value in exports than in imports of Mens, boys trousers shorts, synthetic fibre, not knit were China ($1.93B), Vietnam ($1.23B), Bangladesh ($702M), Indonesia ($228M), and Cambodia ($212M).

In 2018, the countries that had a largest trade value in imports than in exports of Mens, boys trousers shorts, synthetic fibre, not knit were United States ($1.48B), Japan ($770M), Germany ($507M), South Korea ($422M), and United Kingdom ($341M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Mens, boys trousers shorts, synthetic fibre, not knit. 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 Mens, boys trousers shorts, synthetic fibre, not knit was 28.4%.  The countries with the highest tariffs for importing Mens, boys trousers shorts, synthetic fibre, not knit were Austria (127%), Iran (100%), Syria (73.5%), Turkmenistan (44%), and South Africa (40.8%).

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.