HS Icon Scrap Lead

7802 (Harmonized System 1992 for 4-digit)

World Trade (2018): $704M, Rnk 978 / 1225

Top Exporter (2018): $104M, United Kingdom

Top Importer (2018): $135M, India

Product Complexity (2018): -1.35, Rnk 911 / 1018

Export Growth (CAGR)(2017 - 2018): 10.9%, Rnk 730 / 1225

Mean Tariff (2018): 2.28%, Rnk 1200 / 1259

Share of World Trade (2018): 0.0038%, Rnk 978 / 1225

Overview: In 2018, Scrap Lead were the world's 978th most traded product, with a total trade of $704M. Between 2017 and 2018 the exports of Scrap Lead grew by 10.9%, from  $635M to $704M. Trade in Scrap Lead represent 0.0038% of total world trade.

Exports: In 2018 the top exporters of Scrap Lead  were United Kingdom ($104M), United States ($82.6M), France ($67.3M), Australia ($58.7M), and Netherlands ($46.3M).

Imports: In 2018 the top importers of Scrap Lead were India ($135M), Spain ($80.1M), South Korea ($62M), Belgium-Luxembourg ($48.6M), and Germany ($31.9M).

Tariffs: In 2018 the average tariff for Scrap Lead was 2.28%, been the 1200 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Scrap Lead are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Algeria (13.3%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Scrap Lead ranks 911th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United Kingdom, $104M

Top Destination (2018): India, $135M

Scrap Lead are the world's 978th most traded product.

In 2018, the top exporters of Scrap Lead were United Kingdom ($104M), United States ($82.6M), France ($67.3M), Australia ($58.7M), and Netherlands ($46.3M).

In 2018, the top importers of Scrap Lead were India ($135M), Spain ($80.1M), South Korea ($62M), Belgium-Luxembourg ($48.6M), and Germany ($31.9M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Australia, $31.2M

Top Destination Growth (2017 - 2018): South Korea, $36.2M

Between 2017 and 2018, the exports of Scrap Lead grew the fastest in Australia ($31.2M), Singapore ($9.3M), Finland ($7.98M), Austria ($5.78M), and Saudi Arabia ($5.67M).

Between 2017 and 2018, the fastest growing importers of Scrap Lead were South Korea ($36.2M), Spain ($12.2M), Belgium-Luxembourg ($11.9M), United Arab Emirates ($10.3M), and Singapore ($7.99M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Scrap Lead.

In 2018,  market concentration measured using Shannon Entropy, was 4.93. This means that most of the exports of Scrap Lead are explained by 30 countries.

TOP NET EXPORTER (2018): United Kingdom, $96.1M

TOP NET IMPORTER (2018): India, $135M

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

In 2018, the countries that had a largest trade value in exports than imports of Scrap Lead were United Kingdom ($96.1M), United States ($76.3M), France ($60.2M), Australia ($58.4M), and Nigeria ($20.5M).

In 2018, the countries that had a largest trade value in imports than exports of Scrap Lead were India ($135M), Spain ($73.8M), South Korea ($60.1M), Belgium-Luxembourg ($28.3M), and Poland ($25.6M).

Trade Forecasts

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This section shows forecasts for total trade for Scrap Lead. 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 Scrap Lead was 2.28%.  The countries with the highest tariffs for importing Scrap Lead were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Algeria (13.3%), and Aruba (12%).

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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.