HS Icon Laboratory Ceramic Ware

6909 (Harmonized System 1992 for 4-digit)

World Trade (2018): $6.62B, Rnk 436 / 1225

Top Exporter (2018): $1.13B, Japan

Top Importer (2018): $844M, Germany

Product Complexity (2018): 1.15, Rnk 127 / 1018

Export Growth (CAGR)(2017 - 2018): 48.2%, Rnk 76 / 1225

Mean Tariff (2018): 7.62%, Rnk 573 / 1259

Share of World Trade (2018): 0.036%, Rnk 436 / 1225

Overview: In 2018, Laboratory Ceramic Ware were the world's 436th most traded product, with a total trade of $6.62B. Between 2017 and 2018 the exports of Laboratory Ceramic Ware grew by 48.2%, from  $4.47B to $6.62B. Trade in Laboratory Ceramic Ware represent 0.036% of total world trade.

Exports: In 2018 the top exporters of Laboratory Ceramic Ware  were Japan ($1.13B), Germany ($1.04B), United States ($981M), China ($667M), and Poland ($478M).

Imports: In 2018 the top importers of Laboratory Ceramic Ware were Germany ($844M), United States ($822M), North Macedonia ($535M), China ($533M), and South Korea ($413M).

Tariffs: In 2018 the average tariff for Laboratory Ceramic Ware was 7.62%, been the 573 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Laboratory Ceramic Ware are Bahamas (40.2%), Sudan (35%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Laboratory Ceramic Ware ranks 127th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $1.13B

Top Destination (2018): Germany, $844M

Laboratory Ceramic Ware are the world's 436th most traded product.

In 2018, the top exporters of Laboratory Ceramic Ware were Japan ($1.13B), Germany ($1.04B), United States ($981M), China ($667M), and Poland ($478M).

In 2018, the top importers of Laboratory Ceramic Ware were Germany ($844M), United States ($822M), North Macedonia ($535M), China ($533M), and South Korea ($413M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Japan, $389M

Top Destination Growth (2017 - 2018): United States, $819M

Between 2017 and 2018, the exports of Laboratory Ceramic Ware grew the fastest in Japan ($389M), Germany ($356M), United States ($272M), Mexico ($250M), and China ($220M).

Between 2017 and 2018, the fastest growing importers of Laboratory Ceramic Ware were United States ($819M), North Macedonia ($212M), Japan ($124M), Chinese Taipei ($101M), and Singapore ($96.6M).

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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 Laboratory Ceramic Ware.

In 2018,  market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Laboratory Ceramic Ware are explained by 14 countries.

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TOP NET EXPORTER (2018): Japan, $722M

TOP NET IMPORTER (2018): North Macedonia, $531M

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

In 2018, the countries that had a largest trade value in exports than in imports of Laboratory Ceramic Ware were Japan ($722M), Poland ($351M), Hungary ($244M), Germany ($192M), and United States ($158M).

In 2018, the countries that had a largest trade value in imports than in exports of Laboratory Ceramic Ware were North Macedonia ($531M), United Kingdom ($232M), Chinese Taipei ($183M), South Korea ($147M), and South Africa ($134M).

Trade Forecasts

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This section shows forecasts for total trade for Laboratory Ceramic Ware. 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 Laboratory Ceramic Ware was 7.62%.  The countries with the highest tariffs for importing Laboratory Ceramic Ware 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.