HS Icon Asbestos Cement Articles

6811 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.3B, Rnk 845 / 1225

Top Exporter (2018): $178M, Thailand

Top Importer (2018): $109M, Canada

Product Complexity (2018): 0.16, Rnk 478 / 1018

Export Growth (CAGR)(2017 - 2018): 16.3%, Rnk 462 / 1225

Mean Tariff (2018): 10.5%, Rnk 397 / 1259

Share of World Trade (2018): 0.0071%, Rnk 845 / 1225

Overview:  This page contains the latest trade data of Asbestos Cement Articles. In 2018, Asbestos Cement Articles were the world's 845th most traded product, with a total trade of $1.3B. Between 2017 and 2018 the exports of Asbestos Cement Articles grew by 16.3%, from  $1.12B to $1.3B. Trade in Asbestos Cement Articles represent 0.0071% of total world trade.

Exports: In 2018 the top exporters of Asbestos Cement Articles  were Thailand ($178M), United States ($134M), Belgium-Luxembourg ($130M), China ($107M), and Germany ($64.9M).

Imports: In 2018 the top importers of Asbestos Cement Articles were Canada ($109M), United Kingdom ($99.7M), United States ($86.7M), Denmark ($70.1M), and France ($67.6M).

Tariffs: In 2018 the average tariff for Asbestos Cement Articles was 10.5%, been the 397 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Asbestos Cement Articles are Angola (50%), Syria (46%), Zimbabwe (36.5%), Sudan (35%), and Ethiopia (34.7%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Asbestos Cement Articles ranks 478th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Thailand, $178M

Top Destination (2018): Canada, $109M

Asbestos Cement Articles are the world's 845th most traded product.

In 2018, the top exporters of Asbestos Cement Articles were Thailand ($178M), United States ($134M), Belgium-Luxembourg ($130M), China ($107M), and Germany ($64.9M).

In 2018, the top importers of Asbestos Cement Articles were Canada ($109M), United Kingdom ($99.7M), United States ($86.7M), Denmark ($70.1M), and France ($67.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Thailand, $106M

Top Destination Growth (2017 - 2018): Burma, $27.1M

Between 2017 and 2018, the exports of Asbestos Cement Articles grew the fastest in Thailand ($106M), United States ($18.6M), Germany ($15.9M), Lithuania ($14.4M), and Belgium-Luxembourg ($12.5M).

Between 2017 and 2018, the fastest growing importers of Asbestos Cement Articles were Burma ($27.1M), Vietnam ($24.1M), Laos ($22.9M), Germany ($21.8M), and Cambodia ($17.1M).

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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 Asbestos Cement Articles.

In 2018,  market concentration measured using Shannon Entropy, was 4.73. This means that most of the exports of Asbestos Cement Articles are explained by 26 countries.

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TOP NET EXPORTER (2018): Thailand, $177M

TOP NET IMPORTER (2018): Canada, $108M

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

In 2018, the countries that had a largest trade value in exports than in imports of Asbestos Cement Articles were Thailand ($177M), China ($101M), Belgium-Luxembourg ($101M), Czechia ($54.7M), and United States ($46.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Asbestos Cement Articles were Canada ($108M), United Kingdom ($86.9M), Denmark ($59.6M), Philippines ($48.9M), and France ($43.8M).

Trade Forecasts

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This section shows forecasts for total trade for Asbestos Cement Articles. 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 Asbestos Cement Articles was 10.5%.  The countries with the highest tariffs for importing Asbestos Cement Articles were Angola (50%), Syria (46%), Zimbabwe (36.5%), Sudan (35%), and Ethiopia (34.7%).

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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.