HS Icon Bedspreads

6304 (Harmonized System 1992 for 4-digit)

World Trade (2018): $3.97B, Rnk 567 / 1225

Top Exporter (2018): $1.66B, China

Top Importer (2018): $941M, United States

Product Complexity (2018): -0.93, Rnk 803 / 1018

Export Growth (CAGR)(2017 - 2018): 17.5%, Rnk 407 / 1225

Mean Tariff (2018): 19.7%, Rnk 115 / 1259

Share of World Trade (2018): 0.022%, Rnk 567 / 1225

Overview:  This page contains the latest trade data of Bedspreads. In 2018, Bedspreads were the world's 567th most traded product, with a total trade of $3.97B. Between 2017 and 2018 the exports of Bedspreads grew by 17.5%, from  $3.38B to $3.97B. Trade in Bedspreads represent 0.022% of total world trade.

Exports: In 2018 the top exporters of Bedspreads  were China ($1.66B), India ($650M), Turkey ($145M), Romania ($144M), and Germany ($130M).

Imports: In 2018 the top importers of Bedspreads were United States ($941M), Germany ($346M), United Kingdom ($258M), France ($191M), and Japan ($183M).

Tariffs: In 2018 the average tariff for Bedspreads was 19.7%, been the 115 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Bedspreads are Syria (73.5%), Iran (65%), Bolivia (38.5%), Finland (35%), and Argentina (33.6%). The countries with the lowest tariffs are Hong Kong (0%), Sri Lanka (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Bedspreads ranks 803rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.66B

Top Destination (2018): United States, $941M

Bedspreads are the world's 567th most traded product.

In 2018, the top exporters of Bedspreads were China ($1.66B), India ($650M), Turkey ($145M), Romania ($144M), and Germany ($130M).

In 2018, the top importers of Bedspreads were United States ($941M), Germany ($346M), United Kingdom ($258M), France ($191M), and Japan ($183M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $231M

Top Destination Growth (2017 - 2018): United States, $155M

Between 2017 and 2018, the exports of Bedspreads grew the fastest in China ($231M), India ($154M), Spain ($75.9M), Germany ($42.1M), and Turkey ($34.2M).

Between 2017 and 2018, the fastest growing importers of Bedspreads were United States ($155M), Germany ($101M), France ($56.9M), United Kingdom ($50.5M), and Canada ($42.6M).

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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 Bedspreads.

In 2018,  market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Bedspreads are explained by 12 countries.

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TOP NET EXPORTER (2018): China, $1.63B

TOP NET IMPORTER (2018): United States, $899M

This map shows which countries export or import more of Bedspreads. Each country is colored based on the difference in exports and imports of Bedspreads during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Bedspreads were China ($1.63B), India ($633M), Romania ($125M), Turkey ($110M), and Morocco ($80.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Bedspreads were United States ($899M), United Kingdom ($232M), Germany ($216M), Japan ($179M), and France ($160M).

Trade Forecasts

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This section shows forecasts for total trade for Bedspreads. 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 Bedspreads was 19.7%.  The countries with the highest tariffs for importing Bedspreads were Syria (73.5%), Iran (65%), Bolivia (38.5%), Finland (35%), and Argentina (33.6%).

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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.