HS Icon Refractory Bricks

6902 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.57B, Rnk 531 / 1225

Top Exporter (2018): $1.59B, China

Top Importer (2018): $235M, South Korea

Product Complexity (2018): 0.34, Rnk 431 / 1018

Export Growth (CAGR)(2017 - 2018): 36%, Rnk 128 / 1225

Mean Tariff (2018): 6.37%, Rnk 664 / 1259

Share of World Trade (2018): 0.025%, Rnk 531 / 1225

Overview:  This page contains the latest trade data of Refractory Bricks. In 2018, Refractory Bricks were the world's 531st most traded product, with a total trade of $4.57B. Between 2017 and 2018 the exports of Refractory Bricks grew by 36%, from  $3.36B to $4.57B. Trade in Refractory Bricks represent 0.025% of total world trade.

Exports: In 2018 the top exporters of Refractory Bricks  were China ($1.59B), Germany ($660M), Austria ($258M), United States ($246M), and Italy ($237M).

Imports: In 2018 the top importers of Refractory Bricks were South Korea ($235M), United States ($233M), Germany ($196M), India ($181M), and Indonesia ($177M).

Tariffs: In 2018 the average tariff for Refractory Bricks was 6.37%, been the 664 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Refractory Bricks are Angola (50%), Bahamas (40.2%), Sri Lanka (25.6%), Bermuda (25%), and Tunisia (20%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Refractory Bricks ranks 431st in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $1.59B

Top Destination (2018): South Korea, $235M

Refractory Bricks are the world's 531st most traded product.

In 2018, the top exporters of Refractory Bricks were China ($1.59B), Germany ($660M), Austria ($258M), United States ($246M), and Italy ($237M).

In 2018, the top importers of Refractory Bricks were South Korea ($235M), United States ($233M), Germany ($196M), India ($181M), and Indonesia ($177M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $466M

Top Destination Growth (2017 - 2018): Indonesia, $84.2M

Between 2017 and 2018, the exports of Refractory Bricks grew the fastest in China ($466M), Germany ($142M), Italy ($83.6M), Austria ($59.6M), and France ($53.2M).

Between 2017 and 2018, the fastest growing importers of Refractory Bricks were Indonesia ($84.2M), Canada ($74.6M), Vietnam ($63.6M), Germany ($60.9M), and Malaysia ($57.6M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Refractory Bricks.

In 2018,  market concentration measured using Shannon Entropy, was 3.71. This means that most of the exports of Refractory Bricks are explained by 13 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $1.46B

TOP NET IMPORTER (2018): South Korea, $207M

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

In 2018, the countries that had a largest trade value in exports than in imports of Refractory Bricks were China ($1.46B), Germany ($464M), Austria ($209M), Italy ($106M), and Poland ($65.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Refractory Bricks were South Korea ($207M), Indonesia ($175M), Vietnam ($138M), Mexico ($104M), and South Africa ($101M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Refractory Bricks. 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 Refractory Bricks was 6.37%.  The countries with the highest tariffs for importing Refractory Bricks were Angola (50%), Bahamas (40.2%), Sri Lanka (25.6%), Bermuda (25%), and Tunisia (20%).

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.