HS Icon Boots, sole rubber or plastic upper leather, nes

640391 (Harmonized System 1992 for 6-digit)

World Trade (2018): $13.7B, Rnk 213 / 4726

Top Exporter (2018): $2.65B, China

Top Importer (2018): $3.17B, United States

Product Complexity (2018): -1.32, Rnk 4325 / 4873

Export Growth (CAGR)(2017 - 2018): 2.75%, Rnk 3577 / 4726

Mean Tariff (2018): 21.2%, Rnk 527 / 6538

Share of World Trade (2018): 0.074%, Rnk 213 / 4726

Overview:  This page contains the latest trade data of Boots, sole rubber or plastic upper leather, nes. In 2018, Boots, sole rubber or plastic upper leather, nes were the world's 213th most traded product, with a total trade of $13.7B. Between 2017 and 2018 the exports of Boots, sole rubber or plastic upper leather, nes grew by 2.75%, from  $13.3B to $13.7B. Trade in Boots, sole rubber or plastic upper leather, nes represent 0.074% of total world trade.

Exports: In 2018 the top exporters of Boots, sole rubber or plastic upper leather, nes  were China ($2.65B), Vietnam ($2.05B), Italy ($1.13B), Germany ($899M), and India ($805M).

Imports: In 2018 the top importers of Boots, sole rubber or plastic upper leather, nes were United States ($3.17B), Germany ($1.81B), France ($849M), Netherlands ($711M), and Italy ($709M).

Tariffs: In 2018 the average tariff for Boots, sole rubber or plastic upper leather, nes was 21.2%, been the 527 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Boots, sole rubber or plastic upper leather, nes 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%).

Ranking: Boots, sole rubber or plastic upper leather, nes ranks 4325th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $2.65B

Top Destination (2018): United States, $3.17B

Boots, sole rubber or plastic upper leather, nes are the world's 213th most traded product.

In 2018, the top exporters of Boots, sole rubber or plastic upper leather, nes were China ($2.65B), Vietnam ($2.05B), Italy ($1.13B), Germany ($899M), and India ($805M).

In 2018, the top importers of Boots, sole rubber or plastic upper leather, nes were United States ($3.17B), Germany ($1.81B), France ($849M), Netherlands ($711M), and Italy ($709M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $296M

Top Destination Growth (2017 - 2018): Germany, $384M

Between 2017 and 2018, the exports of Boots, sole rubber or plastic upper leather, nes grew the fastest in Germany ($296M), Vietnam ($282M), Italy ($149M), Belgium-Luxembourg ($131M), and Poland ($110M).

Between 2017 and 2018, the fastest growing importers of Boots, sole rubber or plastic upper leather, nes were Germany ($384M), Poland ($150M), Switzerland ($97.2M), France ($62.1M), and Spain ($52.9M).

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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 Boots, sole rubber or plastic upper leather, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Boots, sole rubber or plastic upper leather, nes are explained by 21 countries.

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TOP NET EXPORTER (2018): China, $2.38B

TOP NET IMPORTER (2018): United States, $3.08B

This map shows which countries export or import more of Boots, sole rubber or plastic upper leather, nes. Each country is colored based on the difference in exports and imports of Boots, sole rubber or plastic upper leather, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Boots, sole rubber or plastic upper leather, nes were China ($2.38B), Vietnam ($2.04B), India ($797M), Portugal ($572M), and Italy ($426M).

In 2018, the countries that had a largest trade value in imports than in exports of Boots, sole rubber or plastic upper leather, nes were United States ($3.08B), Germany ($912M), France ($571M), Russia ($517M), and United Kingdom ($514M).

Trade Forecasts

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This section shows forecasts for total trade for Boots, sole rubber or plastic upper leather, nes. 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 Boots, sole rubber or plastic upper leather, nes was 21.2%.  The countries with the highest tariffs for importing Boots, sole rubber or plastic upper leather, nes were Iran (120%), Syria (46%), Egypt (45%), Bolivia (38.5%), and Sudan (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.