HS Icon Liquid Dispersing Machines

8424 (Harmonized System 1992 for 4-digit)

World Trade (2018): $20.4B, Rnk 181 / 1225

Top Exporter (2018): $4.33B, China

Top Importer (2018): $2.82B, United States

Product Complexity (2018): 0.95, Rnk 187 / 1018

Export Growth (CAGR)(2017 - 2018): 19.7%, Rnk 343 / 1225

Mean Tariff (2018): 5.16%, Rnk 798 / 1259

Share of World Trade (2018): 0.11%, Rnk 181 / 1225

Overview:  This page contains the latest trade data of Liquid Dispersing Machines. In 2018, Liquid Dispersing Machines were the world's 181st most traded product, with a total trade of $20.4B. Between 2017 and 2018 the exports of Liquid Dispersing Machines grew by 19.7%, from  $17.1B to $20.4B. Trade in Liquid Dispersing Machines represent 0.11% of total world trade.

Exports: In 2018 the top exporters of Liquid Dispersing Machines  were China ($4.33B), Germany ($3.69B), United States ($2.26B), Italy ($1.58B), and Netherlands ($646M).

Imports: In 2018 the top importers of Liquid Dispersing Machines were United States ($2.82B), Germany ($1.3B), China ($1.26B), France ($1.04B), and Mexico ($788M).

Tariffs: In 2018 the average tariff for Liquid Dispersing Machines was 5.16%, been the 798 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Liquid Dispersing Machines are Bahamas (40.2%), Maldives (19.6%), Bermuda (15.6%), Iran (14.9%), and Aruba (12%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking: Liquid Dispersing Machines ranks 187th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $4.33B

Top Destination (2018): United States, $2.82B

Liquid Dispersing Machines are the world's 181st most traded product.

In 2018, the top exporters of Liquid Dispersing Machines were China ($4.33B), Germany ($3.69B), United States ($2.26B), Italy ($1.58B), and Netherlands ($646M).

In 2018, the top importers of Liquid Dispersing Machines were United States ($2.82B), Germany ($1.3B), China ($1.26B), France ($1.04B), and Mexico ($788M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $703M

Top Destination Growth (2017 - 2018): United States, $1.1B

Between 2017 and 2018, the exports of Liquid Dispersing Machines grew the fastest in Germany ($703M), China ($376M), Italy ($226M), Israel ($191M), and Netherlands ($189M).

Between 2017 and 2018, the fastest growing importers of Liquid Dispersing Machines were United States ($1.1B), France ($212M), India ($172M), Poland ($145M), and Germany ($128M).

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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 Liquid Dispersing Machines.

In 2018,  market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Liquid Dispersing Machines are explained by 18 countries.

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TOP NET EXPORTER (2018): China, $3.07B

TOP NET IMPORTER (2018): United States, $559M

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

In 2018, the countries that had a largest trade value in exports than in imports of Liquid Dispersing Machines were China ($3.07B), Germany ($2.39B), Italy ($1.03B), Israel ($336M), and Chinese Taipei ($196M).

In 2018, the countries that had a largest trade value in imports than in exports of Liquid Dispersing Machines were United States ($559M), France ($548M), Russia ($536M), Australia ($387M), and India ($370M).

Trade Forecasts

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This section shows forecasts for total trade for Liquid Dispersing Machines. 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 Liquid Dispersing Machines was 5.16%.  The countries with the highest tariffs for importing Liquid Dispersing Machines were Bahamas (40.2%), Maldives (19.6%), Bermuda (15.6%), Iran (14.9%), 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.