HS Icon Toilet or kitchen linen, of cotton terry towelling

630260 (Harmonized System 1992 for 6-digit)

World Trade (2018): $6.67B, Rnk 488 / 4726

Top Exporter (2018): $2.42B, China

Top Importer (2018): $1.98B, United States

Product Complexity (2018): -1.86, Rnk 4682 / 4873

Export Growth (CAGR)(2017 - 2018): 11.3%, Rnk 2465 / 4726

Mean Tariff (2018): 19.6%, Rnk 617 / 6538

Share of World Trade (2018): 0.036%, Rnk 488 / 4726

Overview:  This page contains the latest trade data of Toilet or kitchen linen, of cotton terry towelling. In 2018, Toilet or kitchen linen, of cotton terry towelling were the world's 488th most traded product, with a total trade of $6.67B. Between 2017 and 2018 the exports of Toilet or kitchen linen, of cotton terry towelling grew by 11.3%, from  $5.99B to $6.67B. Trade in Toilet or kitchen linen, of cotton terry towelling represent 0.036% of total world trade.

Exports: In 2018 the top exporters of Toilet or kitchen linen, of cotton terry towelling  were China ($2.42B), India ($1.15B), Pakistan ($895M), Turkey ($607M), and Vietnam ($248M).

Imports: In 2018 the top importers of Toilet or kitchen linen, of cotton terry towelling were United States ($1.98B), Japan ($579M), Germany ($341M), France ($271M), and United Kingdom ($252M).

Tariffs: In 2018 the average tariff for Toilet or kitchen linen, of cotton terry towelling was 19.6%, been the 617 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Toilet or kitchen linen, of cotton terry towelling are Syria (73.5%), Iran (65%), Bolivia (38.5%), Finland (35%), and Sudan (35%). The countries with the lowest tariffs are Hong Kong (0%), Sri Lanka (0%), Singapore (0%), Switzerland (0%), and Papua New Guinea (0%).

Ranking: Toilet or kitchen linen, of cotton terry towelling ranks 4682nd in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $2.42B

Top Destination (2018): United States, $1.98B

Toilet or kitchen linen, of cotton terry towelling are the world's 488th most traded product.

In 2018, the top exporters of Toilet or kitchen linen, of cotton terry towelling were China ($2.42B), India ($1.15B), Pakistan ($895M), Turkey ($607M), and Vietnam ($248M).

In 2018, the top importers of Toilet or kitchen linen, of cotton terry towelling were United States ($1.98B), Japan ($579M), Germany ($341M), France ($271M), and United Kingdom ($252M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $523M

Top Destination Growth (2017 - 2018): Kazakhstan, $138M

Between 2017 and 2018, the exports of Toilet or kitchen linen, of cotton terry towelling grew the fastest in China ($523M), Portugal ($49.1M), Belgium-Luxembourg ($30.8M), Vietnam ($30M), and Germany ($29.8M).

Between 2017 and 2018, the fastest growing importers of Toilet or kitchen linen, of cotton terry towelling were Kazakhstan ($138M), Philippines ($120M), Kyrgyzstan ($82.3M), Russia ($68.6M), and Canada ($49.3M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Toilet or kitchen linen, of cotton terry towelling.

In 2018,  market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Toilet or kitchen linen, of cotton terry towelling are explained by 9 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $2.4B

TOP NET IMPORTER (2018): United States, $1.94B

This map shows which countries export or import more of Toilet or kitchen linen, of cotton terry towelling. Each country is colored based on the difference in exports and imports of Toilet or kitchen linen, of cotton terry towelling during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Toilet or kitchen linen, of cotton terry towelling were China ($2.4B), India ($1.09B), Pakistan ($889M), Turkey ($604M), and Portugal ($225M).

In 2018, the countries that had a largest trade value in imports than in exports of Toilet or kitchen linen, of cotton terry towelling were United States ($1.94B), Japan ($573M), Germany ($241M), United Kingdom ($228M), and France ($219M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Toilet or kitchen linen, of cotton terry towelling. 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 Toilet or kitchen linen, of cotton terry towelling was 19.6%.  The countries with the highest tariffs for importing Toilet or kitchen linen, of cotton terry towelling were Syria (73.5%), Iran (65%), Bolivia (38.5%), Finland (35%), and Sudan (35%).

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.