HS Icon Imitation jewellery nes of base metal including plate

711719 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.81B, Rnk 658 / 4726

Top Exporter (2018): $1.82B, China

Top Importer (2018): $721M, United States

Product Complexity (2018): -0.2, Rnk 2934 / 4873

Export Growth (CAGR)(2017 - 2018): 27.5%, Rnk 909 / 4726

Mean Tariff (2018): 14.7%, Rnk 1252 / 6538

Share of World Trade (2018): 0.026%, Rnk 658 / 4726

Overview:  This page contains the latest trade data of Imitation jewellery nes of base metal including plate. In 2018, Imitation jewellery nes of base metal including plate were the world's 658th most traded product, with a total trade of $4.81B. Between 2017 and 2018 the exports of Imitation jewellery nes of base metal including plate grew by 27.5%, from  $3.77B to $4.81B. Trade in Imitation jewellery nes of base metal including plate represent 0.026% of total world trade.

Exports: In 2018 the top exporters of Imitation jewellery nes of base metal including plate  were China ($1.82B), Austria ($399M), Thailand ($336M), Germany ($305M), and France ($268M).

Imports: In 2018 the top importers of Imitation jewellery nes of base metal including plate were United States ($721M), France ($409M), Germany ($353M), United Kingdom ($229M), and Austria ($219M).

Tariffs: In 2018 the average tariff for Imitation jewellery nes of base metal including plate was 14.7%, been the 1252 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Imitation jewellery nes of base metal including plate are Barbados (54.1%), Belize (45.2%), Iran (40%), Cape Verde (40%), and Bolivia (38.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Singapore (0%), and Taiwan (0%).

Ranking: Imitation jewellery nes of base metal including plate ranks 2934th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.82B

Top Destination (2018): United States, $721M

Imitation jewellery nes of base metal including plate are the world's 658th most traded product.

In 2018, the top exporters of Imitation jewellery nes of base metal including plate were China ($1.82B), Austria ($399M), Thailand ($336M), Germany ($305M), and France ($268M).

In 2018, the top importers of Imitation jewellery nes of base metal including plate were United States ($721M), France ($409M), Germany ($353M), United Kingdom ($229M), and Austria ($219M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $212M

Top Destination Growth (2017 - 2018): United States, $721M

Between 2017 and 2018, the exports of Imitation jewellery nes of base metal including plate grew the fastest in China ($212M), Singapore ($193M), Austria ($121M), Germany ($80.5M), and France ($55.6M).

Between 2017 and 2018, the fastest growing importers of Imitation jewellery nes of base metal including plate were United States ($721M), Singapore ($153M), China ($73.7M), Australia ($51.1M), and India ($40.2M).

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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 Imitation jewellery nes of base metal including plate.

In 2018,  market concentration measured using Shannon Entropy, was 3.7. This means that most of the exports of Imitation jewellery nes of base metal including plate are explained by 13 countries.

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TOP NET EXPORTER (2018): China, $1.6B

TOP NET IMPORTER (2018): United States, $648M

This map shows which countries export or import more of Imitation jewellery nes of base metal including plate. Each country is colored based on the difference in exports and imports of Imitation jewellery nes of base metal including plate during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Imitation jewellery nes of base metal including plate were China ($1.6B), Thailand ($295M), Austria ($179M), Vietnam ($138M), and South Korea ($54.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Imitation jewellery nes of base metal including plate were United States ($648M), United Kingdom ($161M), Japan ($144M), France ($141M), and Spain ($105M).

Trade Forecasts

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This section shows forecasts for total trade for Imitation jewellery nes of base metal including plate. 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 Imitation jewellery nes of base metal including plate was 14.7%.  The countries with the highest tariffs for importing Imitation jewellery nes of base metal including plate were Barbados (54.1%), Belize (45.2%), Iran (40%), Cape Verde (40%), and Bolivia (38.4%).

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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.