HS Icon Footwear, rubber, plastic, straps fix to sole by plug

640220 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.85B, Rnk 1408 / 4726

Top Exporter (2018): $1.25B, China

Top Importer (2018): $164M, United States

Export Growth (CAGR)(2017 - 2018): 16%, Rnk 1787 / 4726

Mean Tariff (2018): 22.4%, Rnk 452 / 6538

Share of World Trade (2018): 0.01%, Rnk 1408 / 4726

Overview:  This page contains the latest trade data of Footwear, rubber, plastic, straps fix to sole by plug. In 2018, Footwear, rubber, plastic, straps fix to sole by plug were the world's 1408th most traded product, with a total trade of $1.85B. Between 2017 and 2018 the exports of Footwear, rubber, plastic, straps fix to sole by plug grew by 16%, from  $1.6B to $1.85B. Trade in Footwear, rubber, plastic, straps fix to sole by plug represent 0.01% of total world trade.

Exports: In 2018 the top exporters of Footwear, rubber, plastic, straps fix to sole by plug  were China ($1.25B), Brazil ($165M), France ($54.5M), Belgium-Luxembourg ($49M), and Indonesia ($33.3M).

Imports: In 2018 the top importers of Footwear, rubber, plastic, straps fix to sole by plug were United States ($164M), India ($94.2M), Italy ($75.2M), France ($67.2M), and Angola ($57.9M).

Tariffs: In 2018 the average tariff for Footwear, rubber, plastic, straps fix to sole by plug was 22.4%, been the 452 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Footwear, rubber, plastic, straps fix to sole by plug are Iran (120%), Syria (46%), Egypt (45%), Bolivia (38.5%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $1.25B

Top Destination (2018): United States, $164M

Footwear, rubber, plastic, straps fix to sole by plug are the world's 1408th most traded product.

In 2018, the top exporters of Footwear, rubber, plastic, straps fix to sole by plug were China ($1.25B), Brazil ($165M), France ($54.5M), Belgium-Luxembourg ($49M), and Indonesia ($33.3M).

In 2018, the top importers of Footwear, rubber, plastic, straps fix to sole by plug were United States ($164M), India ($94.2M), Italy ($75.2M), France ($67.2M), and Angola ($57.9M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $174M

Top Destination Growth (2017 - 2018): India, $73.5M

Between 2017 and 2018, the exports of Footwear, rubber, plastic, straps fix to sole by plug grew the fastest in China ($174M), Belgium-Luxembourg ($34.2M), France ($23.7M), Indonesia ($19.4M), and Thailand ($17.7M).

Between 2017 and 2018, the fastest growing importers of Footwear, rubber, plastic, straps fix to sole by plug were India ($73.5M), United States ($29.3M), Indonesia ($26.2M), Cameroon ($25.6M), and Nigeria ($24.8M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Footwear, rubber, plastic, straps fix to sole by plug.

In 2018,  market concentration measured using Shannon Entropy, was 2.31. This means that most of the exports of Footwear, rubber, plastic, straps fix to sole by plug are explained by 4 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $1.24B

TOP NET IMPORTER (2018): United States, $159M

This map shows which countries export or import more of Footwear, rubber, plastic, straps fix to sole by plug. Each country is colored based on the difference in exports and imports of Footwear, rubber, plastic, straps fix to sole by plug during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Footwear, rubber, plastic, straps fix to sole by plug were China ($1.24B), Brazil ($163M), Belgium-Luxembourg ($17.4M), Albania ($10.2M), and Vietnam ($6.93M).

In 2018, the countries that had a largest trade value in imports than in exports of Footwear, rubber, plastic, straps fix to sole by plug were United States ($159M), India ($81.4M), Angola ($54.1M), Italy ($48.6M), and Nigeria ($45.3M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Footwear, rubber, plastic, straps fix to sole by plug. 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 Footwear, rubber, plastic, straps fix to sole by plug was 22.4%.  The countries with the highest tariffs for importing Footwear, rubber, plastic, straps fix to sole by plug were Iran (120%), Syria (46%), Egypt (45%), Bolivia (38.5%), 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.