HS Icon Mens, boys trousers & shorts, material nes, not knit

620349 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.17B, Rnk 1856 / 4726

Top Exporter (2018): $185M, China

Top Importer (2018): $177M, United States

Product Complexity (2018): -1.86, Rnk 4678 / 4873

Export Growth (CAGR)(2017 - 2018): 7.65%, Rnk 3013 / 4726

Mean Tariff (2018): 23.1%, Rnk 400 / 6538

Share of World Trade (2018): 0.0064%, Rnk 1856 / 4726

Overview:  This page contains the latest trade data of Mens, boys trousers & shorts, material nes, not knit. In 2018, Mens, boys trousers & shorts, material nes, not knit were the world's 1856th most traded product, with a total trade of $1.17B. Between 2017 and 2018 the exports of Mens, boys trousers & shorts, material nes, not knit grew by 7.65%, from  $1.09B to $1.17B. Trade in Mens, boys trousers & shorts, material nes, not knit represent 0.0064% of total world trade.

Exports: In 2018 the top exporters of Mens, boys trousers & shorts, material nes, not knit  were China ($185M), India ($176M), Bangladesh ($115M), Germany ($54.1M), and Italy ($46.2M).

Imports: In 2018 the top importers of Mens, boys trousers & shorts, material nes, not knit were United States ($177M), Germany ($99.5M), United Arab Emirates ($85.5M), United Kingdom ($57.2M), and France ($53.8M).

Tariffs: In 2018 the average tariff for Mens, boys trousers & shorts, material nes, not knit was 23.1%, been the 400 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mens, boys trousers & shorts, material nes, not knit are Iran (100%), Syria (73.5%), South Africa (40.8%), Cape Verde (40%), and Bolivia (38.5%). 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, material nes, not knit ranks 4678th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $185M

Top Destination (2018): United States, $177M

Mens, boys trousers & shorts, material nes, not knit are the world's 1856th most traded product.

In 2018, the top exporters of Mens, boys trousers & shorts, material nes, not knit were China ($185M), India ($176M), Bangladesh ($115M), Germany ($54.1M), and Italy ($46.2M).

In 2018, the top importers of Mens, boys trousers & shorts, material nes, not knit were United States ($177M), Germany ($99.5M), United Arab Emirates ($85.5M), United Kingdom ($57.2M), and France ($53.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Egypt, $34.7M

Top Destination Growth (2017 - 2018): United States, $71.6M

Between 2017 and 2018, the exports of Mens, boys trousers & shorts, material nes, not knit grew the fastest in Egypt ($34.7M), Indonesia ($25.2M), Bangladesh ($21.8M), Pakistan ($17.9M), and Spain ($14.9M).

Between 2017 and 2018, the fastest growing importers of Mens, boys trousers & shorts, material nes, not knit were United States ($71.6M), Germany ($14M), Switzerland ($11.8M), France ($11.2M), and Spain ($10.6M).

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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 Mens, boys trousers & shorts, material nes, not knit.

In 2018,  market concentration measured using Shannon Entropy, was 4.67. This means that most of the exports of Mens, boys trousers & shorts, material nes, not knit are explained by 25 countries.

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TOP NET EXPORTER (2018): India, $165M

TOP NET IMPORTER (2018): United States, $160M

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

In 2018, the countries that had a largest trade value in exports than in imports of Mens, boys trousers & shorts, material nes, not knit were India ($165M), China ($164M), Bangladesh ($113M), Vietnam ($41.7M), and Indonesia ($40.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Mens, boys trousers & shorts, material nes, not knit were United States ($160M), United Arab Emirates ($76.4M), Japan ($47.7M), Germany ($45.4M), and United Kingdom ($44.9M).

Trade Forecasts

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This section shows forecasts for total trade for Mens, boys trousers & shorts, material nes, 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, material nes, not knit was 23.1%.  The countries with the highest tariffs for importing Mens, boys trousers & shorts, material nes, not knit were Iran (100%), Syria (73.5%), South Africa (40.8%), Cape Verde (40%), and Bolivia (38.5%).

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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.