HS Icon Other Cutlery

8214 (Harmonized System 1992 for 4-digit)

World Trade (2018): $983M, Rnk 916 / 1225

Top Exporter (2018): $567M, China

Top Importer (2018): $154M, United States

Product Complexity (2018): 0.63, Rnk 317 / 1018

Export Growth (CAGR)(2017 - 2018): 8.71%, Rnk 832 / 1225

Mean Tariff (2018): 11.3%, Rnk 354 / 1259

Share of World Trade (2018): 0.0053%, Rnk 916 / 1225

Overview:  This page contains the latest trade data of Other Cutlery. In 2018, Other Cutlery were the world's 916th most traded product, with a total trade of $983M. Between 2017 and 2018 the exports of Other Cutlery grew by 8.71%, from  $904M to $983M. Trade in Other Cutlery represent 0.0053% of total world trade.

Exports: In 2018 the top exporters of Other Cutlery  were China ($567M), Germany ($87M), Pakistan ($34.4M), South Korea ($33.6M), and United States ($29.4M).

Imports: In 2018 the top importers of Other Cutlery were United States ($154M), Germany ($72.9M), France ($34M), Mexico ($32.8M), and Vietnam ($30.6M).

Tariffs: In 2018 the average tariff for Other Cutlery was 11.3%, been the 354 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Cutlery are Zimbabwe (31.9%), Sri Lanka (30%), Ethiopia (29.7%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Other Cutlery ranks 317th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $567M

Top Destination (2018): United States, $154M

Other Cutlery are the world's 916th most traded product.

In 2018, the top exporters of Other Cutlery were China ($567M), Germany ($87M), Pakistan ($34.4M), South Korea ($33.6M), and United States ($29.4M).

In 2018, the top importers of Other Cutlery were United States ($154M), Germany ($72.9M), France ($34M), Mexico ($32.8M), and Vietnam ($30.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $17.6M

Top Destination Growth (2017 - 2018): United States, $14.7M

Between 2017 and 2018, the exports of Other Cutlery grew the fastest in China ($17.6M), United States ($15.7M), Mexico ($10M), Pakistan ($6.89M), and Germany ($6.23M).

Between 2017 and 2018, the fastest growing importers of Other Cutlery were United States ($14.7M), India ($12M), Germany ($8.34M), Indonesia ($5.48M), and Malaysia ($5.28M).

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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 Other Cutlery.

In 2018,  market concentration measured using Shannon Entropy, was 2.9. This means that most of the exports of Other Cutlery are explained by 7 countries.

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TOP NET EXPORTER (2018): China, $553M

TOP NET IMPORTER (2018): United States, $124M

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Cutlery were China ($553M), Pakistan ($30.3M), Germany ($14.1M), South Korea ($12.3M), and Chinese Taipei ($5.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Cutlery were United States ($124M), Russia ($25.6M), United Kingdom ($21.2M), Indonesia ($18.5M), and France ($18.3M).

Trade Forecasts

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This section shows forecasts for total trade for Other Cutlery. 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 Other Cutlery was 11.3%.  The countries with the highest tariffs for importing Other Cutlery were Zimbabwe (31.9%), Sri Lanka (30%), Ethiopia (29.7%), Cameroon (29.4%), and Gabon (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.