HS Icon Nuclear Reactors

8401 (Harmonized System 1992 for 4-digit)

World Trade (2018): $3.21B, Rnk 612 / 1225

Top Exporter (2018): $1.14B, Russia

Top Importer (2018): $529M, France

Product Complexity (2018): 0.94, Rnk 193 / 1018

Export Growth (CAGR)(2017 - 2018): -16.6%, Rnk 1199 / 1225

Mean Tariff (2018): 3.58%, Rnk 1067 / 1259

Share of World Trade (2018): 0.017%, Rnk 612 / 1225

Overview: In 2018, Nuclear Reactors were the world's 612th most traded product, with a total trade of $3.21B. Between 2017 and 2018 the exports of Nuclear Reactors decreased by -16.6%, from  $3.85B to $3.21B. Trade in Nuclear Reactors represent 0.017% of total world trade.

Exports: In 2018 the top exporters of Nuclear Reactors  were Russia ($1.14B), Sweden ($708M), Germany ($348M), United States ($283M), and France ($244M).

Imports: In 2018 the top importers of Nuclear Reactors were France ($529M), Ukraine ($478M), China ($400M), United States ($175M), and Germany ($145M).

Tariffs: In 2018 the average tariff for Nuclear Reactors was 3.58%, been the 1067 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Nuclear Reactors are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Armenia (14.3%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Nuclear Reactors ranks 193rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Russia, $1.14B

Top Destination (2018): France, $529M

Nuclear Reactors are the world's 612th most traded product.

In 2018, the top exporters of Nuclear Reactors were Russia ($1.14B), Sweden ($708M), Germany ($348M), United States ($283M), and France ($244M).

In 2018, the top importers of Nuclear Reactors were France ($529M), Ukraine ($478M), China ($400M), United States ($175M), and Germany ($145M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $78.8M

Top Destination Growth (2017 - 2018): United States, $126M

Between 2017 and 2018, the exports of Nuclear Reactors grew the fastest in China ($78.8M), Chinese Taipei ($45.7M), United Kingdom ($27.9M), Canada ($19.4M), and Japan ($15.5M).

Between 2017 and 2018, the fastest growing importers of Nuclear Reactors were United States ($126M), United Kingdom ($92.5M), India ($91.6M), Switzerland ($83M), and Slovakia ($42.4M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Nuclear Reactors.

In 2018,  market concentration measured using Shannon Entropy, was 2.82. This means that most of the exports of Nuclear Reactors are explained by 7 countries.

TOP NET EXPORTER (2018): Russia, $1.12B

TOP NET IMPORTER (2018): Ukraine, $468M

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

In 2018, the countries that had a largest trade value in exports than imports of Nuclear Reactors were Russia ($1.12B), Sweden ($612M), Germany ($202M), United States ($109M), and Japan ($82.4M).

In 2018, the countries that had a largest trade value in imports than exports of Nuclear Reactors were Ukraine ($468M), France ($285M), China ($209M), Switzerland ($126M), and Pakistan ($122M).

Trade Forecasts

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This section shows forecasts for total trade for Nuclear Reactors. 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 Nuclear Reactors was 3.58%.  The countries with the highest tariffs for importing Nuclear Reactors were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Armenia (14.3%).

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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.