HS Icon Garden Tools

8201 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.73B, Rnk 779 / 1225

Top Exporter (2018): $664M, China

Top Importer (2018): $313M, United States

Product Complexity (2018): 0.16, Rnk 477 / 1018

Export Growth (CAGR)(2017 - 2018): 6.27%, Rnk 925 / 1225

Mean Tariff (2018): 8.39%, Rnk 516 / 1259

Share of World Trade (2018): 0.0094%, Rnk 779 / 1225

Overview:  This page contains the latest trade data of Garden Tools. In 2018, Garden Tools were the world's 779th most traded product, with a total trade of $1.73B. Between 2017 and 2018 the exports of Garden Tools grew by 6.27%, from  $1.63B to $1.73B. Trade in Garden Tools represent 0.0094% of total world trade.

Exports: In 2018 the top exporters of Garden Tools  were China ($664M), Germany ($149M), Chinese Taipei ($123M), Mexico ($94.1M), and Netherlands ($88.8M).

Imports: In 2018 the top importers of Garden Tools were United States ($313M), Germany ($152M), Netherlands ($99.3M), France ($78.1M), and United Kingdom ($77.4M).

Tariffs: In 2018 the average tariff for Garden Tools was 8.39%, been the 516 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Garden Tools are Zimbabwe (40.3%), Algeria (28.9%), Uzbekistan (28.7%), Ethiopia (26.9%), and Bermuda (25%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Garden Tools ranks 477th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $664M

Top Destination (2018): United States, $313M

Garden Tools are the world's 779th most traded product.

In 2018, the top exporters of Garden Tools were China ($664M), Germany ($149M), Chinese Taipei ($123M), Mexico ($94.1M), and Netherlands ($88.8M).

In 2018, the top importers of Garden Tools were United States ($313M), Germany ($152M), Netherlands ($99.3M), France ($78.1M), and United Kingdom ($77.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $39.9M

Top Destination Growth (2017 - 2018): Germany, $15.1M

Between 2017 and 2018, the exports of Garden Tools grew the fastest in Netherlands ($39.9M), Germany ($18.7M), Spain ($11.9M), Austria ($5.84M), and China ($5.78M).

Between 2017 and 2018, the fastest growing importers of Garden Tools were Germany ($15.1M), Kenya ($12.5M), France ($11.6M), Tanzania ($9.02M), and Indonesia ($7.23M).

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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 Garden Tools.

In 2018,  market concentration measured using Shannon Entropy, was 3.83. This means that most of the exports of Garden Tools are explained by 14 countries.

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TOP NET EXPORTER (2018): China, $654M

TOP NET IMPORTER (2018): United States, $290M

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

In 2018, the countries that had a largest trade value in exports than in imports of Garden Tools were China ($654M), Chinese Taipei ($118M), Mexico ($69.7M), Poland ($37.7M), and India ($25.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Garden Tools were United States ($290M), United Kingdom ($54.6M), France ($47.3M), Canada ($29.2M), and Australia ($29.2M).

Trade Forecasts

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This section shows forecasts for total trade for Garden Tools. 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 Garden Tools was 8.39%.  The countries with the highest tariffs for importing Garden Tools were Zimbabwe (40.3%), Algeria (28.9%), Uzbekistan (28.7%), Ethiopia (26.9%), and Bermuda (25%).

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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.