HS Icon Womens, girls garments nes, material nes, not knit

621149 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.31B, Rnk 1735 / 4726

Top Exporter (2018): $438M, France

Top Importer (2018): $218M, United States

Product Complexity (2018): -1.65, Rnk 4579 / 4873

Export Growth (CAGR)(2017 - 2018): 37%, Rnk 557 / 4726

Mean Tariff (2018): 23.4%, Rnk 379 / 6538

Share of World Trade (2018): 0.0071%, Rnk 1735 / 4726

Overview: In 2018, Womens, girls garments nes, material nes, not knit were the world's 1735th most traded product, with a total trade of $1.31B. Between 2017 and 2018 the exports of Womens, girls garments nes, material nes, not knit grew by 37%, from  $958M to $1.31B. Trade in Womens, girls garments nes, material nes, not knit represent 0.0071% of total world trade.

Exports: In 2018 the top exporters of Womens, girls garments nes, material nes, not knit  were France ($438M), Italy ($245M), China ($192M), India ($85.4M), and Vietnam ($79.4M).

Imports: In 2018 the top importers of Womens, girls garments nes, material nes, not knit were United States ($218M), Japan ($152M), Hong Kong ($88.4M), China ($73.4M), and Russia ($69.1M).

Tariffs: In 2018 the average tariff for Womens, girls garments nes, material nes, not knit was 23.4%, been the 379 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Womens, girls garments nes, material nes, not knit are Iran (100%), Syria (73.5%), Cape Verde (40%), Bolivia (38.5%), and Tanzania (35.3%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Ranking: Womens, girls garments nes, material nes, not knit ranks 4579th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): France, $438M

Top Destination (2018): United States, $218M

Womens, girls garments nes, material nes, not knit are the world's 1735th most traded product.

In 2018, the top exporters of Womens, girls garments nes, material nes, not knit were France ($438M), Italy ($245M), China ($192M), India ($85.4M), and Vietnam ($79.4M).

In 2018, the top importers of Womens, girls garments nes, material nes, not knit were United States ($218M), Japan ($152M), Hong Kong ($88.4M), China ($73.4M), and Russia ($69.1M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): France, $226M

Top Destination Growth (2017 - 2018): United States, $122M

Between 2017 and 2018, the exports of Womens, girls garments nes, material nes, not knit grew the fastest in France ($226M), Italy ($53.2M), Indonesia ($13.9M), United States ($13.3M), and Spain ($13M).

Between 2017 and 2018, the fastest growing importers of Womens, girls garments nes, material nes, not knit were United States ($122M), Hong Kong ($30.7M), China ($28M), Russia ($25.3M), and Canada ($20.5M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Womens, girls garments nes, material nes, not knit.

In 2018,  market concentration measured using Shannon Entropy, was 3.38. This means that most of the exports of Womens, girls garments nes, material nes, not knit are explained by 10 countries.

TOP NET EXPORTER (2018): France, $410M

TOP NET IMPORTER (2018): United States, $182M

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

In 2018, the countries that had a largest trade value in exports than imports of Womens, girls garments nes, material nes, not knit were France ($410M), Italy ($219M), China ($118M), India ($83.3M), and Vietnam ($75.2M).

In 2018, the countries that had a largest trade value in imports than exports of Womens, girls garments nes, material nes, not knit were United States ($182M), Japan ($149M), Hong Kong ($82.4M), Russia ($68.2M), and Canada ($39.6M).

Trade Forecasts

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This section shows forecasts for total trade for Womens, girls garments nes, 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 Womens, girls garments nes, material nes, not knit was 23.4%.  The countries with the highest tariffs for importing Womens, girls garments nes, material nes, not knit were Iran (100%), Syria (73.5%), Cape Verde (40%), Bolivia (38.5%), and Tanzania (35.3%).

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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.