HS Icon Slag wool, rock wool, similar wools, bulk, sheet, rol

680610 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.65B, Rnk 1103 / 4726

Top Exporter (2018): $310M, Poland

Top Importer (2018): $260M, Germany

Product Complexity (2018): 0.77, Rnk 1176 / 4873

Export Growth (CAGR)(2017 - 2018): 14%, Rnk 2036 / 4726

Mean Tariff (2018): 9.6%, Rnk 2380 / 6538

Share of World Trade (2018): 0.014%, Rnk 1103 / 4726

Overview:  This page contains the latest trade data of Slag wool, rock wool, similar wools, bulk, sheet, rol. In 2018, Slag wool, rock wool, similar wools, bulk, sheet, rol were the world's 1103rd most traded product, with a total trade of $2.65B. Between 2017 and 2018 the exports of Slag wool, rock wool, similar wools, bulk, sheet, rol grew by 14%, from  $2.33B to $2.65B. Trade in Slag wool, rock wool, similar wools, bulk, sheet, rol represent 0.014% of total world trade.

Exports: In 2018 the top exporters of Slag wool, rock wool, similar wools, bulk, sheet, rol  were Poland ($310M), Netherlands ($229M), Germany ($219M), Japan ($184M), and China ($181M).

Imports: In 2018 the top importers of Slag wool, rock wool, similar wools, bulk, sheet, rol were Germany ($260M), United States ($194M), France ($137M), Italy ($136M), and Poland ($112M).

Tariffs: In 2018 the average tariff for Slag wool, rock wool, similar wools, bulk, sheet, rol was 9.6%, been the 2380 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Slag wool, rock wool, similar wools, bulk, sheet, rol are Bahamas (40.2%), Sudan (35%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Maldives (0%), and Singapore (0%).

Ranking: Slag wool, rock wool, similar wools, bulk, sheet, rol ranks 1176th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Poland, $310M

Top Destination (2018): Germany, $260M

Slag wool, rock wool, similar wools, bulk, sheet, rol are the world's 1103rd most traded product.

In 2018, the top exporters of Slag wool, rock wool, similar wools, bulk, sheet, rol were Poland ($310M), Netherlands ($229M), Germany ($219M), Japan ($184M), and China ($181M).

In 2018, the top importers of Slag wool, rock wool, similar wools, bulk, sheet, rol were Germany ($260M), United States ($194M), France ($137M), Italy ($136M), and Poland ($112M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Poland, $49.8M

Top Destination Growth (2017 - 2018): Germany, $58.5M

Between 2017 and 2018, the exports of Slag wool, rock wool, similar wools, bulk, sheet, rol grew the fastest in Poland ($49.8M), Russia ($37.8M), Germany ($33.4M), Netherlands ($26.1M), and Slovakia ($25.8M).

Between 2017 and 2018, the fastest growing importers of Slag wool, rock wool, similar wools, bulk, sheet, rol were Germany ($58.5M), Serbia ($34.8M), Poland ($30.7M), United Kingdom ($16.6M), and Romania ($15.7M).

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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 Slag wool, rock wool, similar wools, bulk, sheet, rol.

In 2018,  market concentration measured using Shannon Entropy, was 4.73. This means that most of the exports of Slag wool, rock wool, similar wools, bulk, sheet, rol are explained by 26 countries.

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TOP NET EXPORTER (2018): Poland, $197M

TOP NET IMPORTER (2018): Italy, $118M

This map shows which countries export or import more of Slag wool, rock wool, similar wools, bulk, sheet, rol. Each country is colored based on the difference in exports and imports of Slag wool, rock wool, similar wools, bulk, sheet, rol during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Slag wool, rock wool, similar wools, bulk, sheet, rol were Poland ($197M), Netherlands ($176M), Japan ($147M), China ($115M), and Russia ($93.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Slag wool, rock wool, similar wools, bulk, sheet, rol were Italy ($118M), United States ($106M), Belgium-Luxembourg ($69.7M), Austria ($65.8M), and Romania ($59.1M).

Trade Forecasts

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This section shows forecasts for total trade for Slag wool, rock wool, similar wools, bulk, sheet, rol. 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 Slag wool, rock wool, similar wools, bulk, sheet, rol was 9.6%.  The countries with the highest tariffs for importing Slag wool, rock wool, similar wools, bulk, sheet, rol were Bahamas (40.2%), Sudan (35%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%).

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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.