HS Icon Mens, boys garments nes, of manmade fibres, not knit

621133 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.44B, Rnk 1164 / 4726

Top Exporter (2018): $883M, China

Top Importer (2018): $331M, Japan

Product Complexity (2018): -1.73, Rnk 4620 / 4873

Export Growth (CAGR)(2017 - 2018): 10.4%, Rnk 2610 / 4726

Mean Tariff (2018): 23.5%, Rnk 363 / 6538

Share of World Trade (2018): 0.013%, Rnk 1164 / 4726

Overview:  This page contains the latest trade data of Mens, boys garments nes, of manmade fibres, not knit. In 2018, Mens, boys garments nes, of manmade fibres, not knit were the world's 1164th most traded product, with a total trade of $2.44B. Between 2017 and 2018 the exports of Mens, boys garments nes, of manmade fibres, not knit grew by 10.4%, from  $2.21B to $2.44B. Trade in Mens, boys garments nes, of manmade fibres, not knit represent 0.013% of total world trade.

Exports: In 2018 the top exporters of Mens, boys garments nes, of manmade fibres, not knit  were China ($883M), Vietnam ($344M), Mexico ($95.7M), Morocco ($65.9M), and Germany ($61.9M).

Imports: In 2018 the top importers of Mens, boys garments nes, of manmade fibres, not knit were Japan ($331M), United States ($319M), South Korea ($180M), United Kingdom ($141M), and France ($137M).

Tariffs: In 2018 the average tariff for Mens, boys garments nes, of manmade fibres, not knit was 23.5%, been the 363 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mens, boys garments nes, of manmade fibres, not knit are Iran (100%), Syria (73.5%), Cape Verde (40%), Bolivia (38.5%), and Finland (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).

Ranking: Mens, boys garments nes, of manmade fibres, not knit ranks 4620th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $883M

Top Destination (2018): Japan, $331M

Mens, boys garments nes, of manmade fibres, not knit are the world's 1164th most traded product.

In 2018, the top exporters of Mens, boys garments nes, of manmade fibres, not knit were China ($883M), Vietnam ($344M), Mexico ($95.7M), Morocco ($65.9M), and Germany ($61.9M).

In 2018, the top importers of Mens, boys garments nes, of manmade fibres, not knit were Japan ($331M), United States ($319M), South Korea ($180M), United Kingdom ($141M), and France ($137M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Vietnam, $47M

Top Destination Growth (2017 - 2018): Germany, $32.4M

Between 2017 and 2018, the exports of Mens, boys garments nes, of manmade fibres, not knit grew the fastest in Vietnam ($47M), China ($44.1M), Morocco ($36.9M), United States ($19M), and United Arab Emirates ($18.9M).

Between 2017 and 2018, the fastest growing importers of Mens, boys garments nes, of manmade fibres, not knit were Germany ($32.4M), United Kingdom ($27.1M), United States ($21.7M), Spain ($20M), and Iraq ($19.4M).

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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 garments nes, of manmade fibres, not knit.

In 2018,  market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Mens, boys garments nes, of manmade fibres, not knit are explained by 17 countries.

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TOP NET EXPORTER (2018): China, $826M

TOP NET IMPORTER (2018): Japan, $329M

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

In 2018, the countries that had a largest trade value in exports than in imports of Mens, boys garments nes, of manmade fibres, not knit were China ($826M), Vietnam ($319M), Mexico ($79.4M), Morocco ($58.6M), and Tunisia ($57.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Mens, boys garments nes, of manmade fibres, not knit were Japan ($329M), United States ($270M), South Korea ($175M), United Kingdom ($103M), and France ($97.5M).

Trade Forecasts

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This section shows forecasts for total trade for Mens, boys garments nes, of manmade fibres, 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 garments nes, of manmade fibres, not knit was 23.5%.  The countries with the highest tariffs for importing Mens, boys garments nes, of manmade fibres, not knit were Iran (100%), Syria (73.5%), Cape Verde (40%), Bolivia (38.5%), and Finland (35%).

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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.