HS Icon Razor Blades

8212 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.81B, Rnk 515 / 1225

Top Exporter (2018): $940M, Poland

Top Importer (2018): $599M, United States

Product Complexity (2018): 0.12, Rnk 498 / 1018

Export Growth (CAGR)(2017 - 2018): 1.33%, Rnk 1060 / 1225

Mean Tariff (2018): 9.97%, Rnk 427 / 1259

Share of World Trade (2018): 0.026%, Rnk 515 / 1225

Overview:  This page contains the latest trade data of Razor Blades. In 2018, Razor Blades were the world's 515th most traded product, with a total trade of $4.81B. Between 2017 and 2018 the exports of Razor Blades grew by 1.33%, from  $4.75B to $4.81B. Trade in Razor Blades represent 0.026% of total world trade.

Exports: In 2018 the top exporters of Razor Blades  were Poland ($940M), China ($489M), Germany ($459M), Mexico ($443M), and United States ($319M).

Imports: In 2018 the top importers of Razor Blades were United States ($599M), Poland ($340M), Germany ($280M), Mexico ($273M), and Japan ($178M).

Tariffs: In 2018 the average tariff for Razor Blades was 9.97%, been the 427 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Razor Blades are Zimbabwe (30.4%), Ethiopia (29.7%), Ecuador (27.8%), Algeria (26.6%), and Cameroon (26.2%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking: Razor Blades ranks 498th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Poland, $940M

Top Destination (2018): United States, $599M

Razor Blades are the world's 515th most traded product.

In 2018, the top exporters of Razor Blades were Poland ($940M), China ($489M), Germany ($459M), Mexico ($443M), and United States ($319M).

In 2018, the top importers of Razor Blades were United States ($599M), Poland ($340M), Germany ($280M), Mexico ($273M), and Japan ($178M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Greece, $117M

Top Destination Growth (2017 - 2018): Germany, $82.5M

Between 2017 and 2018, the exports of Razor Blades grew the fastest in Greece ($117M), Czechia ($105M), Poland ($86.3M), United Arab Emirates ($52M), and Vietnam ($50.2M).

Between 2017 and 2018, the fastest growing importers of Razor Blades were Germany ($82.5M), Poland ($45.5M), United Arab Emirates ($22.6M), South Africa ($22.3M), and Vietnam ($19.2M).

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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 Razor Blades.

In 2018,  market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Razor Blades are explained by 18 countries.

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TOP NET EXPORTER (2018): Poland, $600M

TOP NET IMPORTER (2018): United States, $280M

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

In 2018, the countries that had a largest trade value in exports than in imports of Razor Blades were Poland ($600M), China ($376M), Greece ($273M), Germany ($179M), and Mexico ($170M).

In 2018, the countries that had a largest trade value in imports than in exports of Razor Blades were United States ($280M), Japan ($142M), United Kingdom ($103M), Russia ($71.5M), and Argentina ($66.4M).

Trade Forecasts

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This section shows forecasts for total trade for Razor Blades. 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 Razor Blades was 9.97%.  The countries with the highest tariffs for importing Razor Blades were Zimbabwe (30.4%), Ethiopia (29.7%), Ecuador (27.8%), Algeria (26.6%), and Cameroon (26.2%).

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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.