HS Icon Transporter or bridge cranes

842619 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.74B, Rnk 1079 / 4726

Top Exporter (2018): $1.58B, China

Top Importer (2018): $417M, United States

Product Complexity (2018): 0.79, Rnk 1139 / 4873

Export Growth (CAGR)(2017 - 2018): -4.58%, Rnk 4119 / 4726

Mean Tariff (2018): 5.38%, Rnk 3905 / 6538

Share of World Trade (2018): 0.015%, Rnk 1079 / 4726

Overview:  This page contains the latest trade data of Transporter or bridge cranes. In 2018, Transporter or bridge cranes were the world's 1079th most traded product, with a total trade of $2.74B. Between 2017 and 2018 the exports of Transporter or bridge cranes decreased by -4.58%, from  $2.88B to $2.74B. Trade in Transporter or bridge cranes represent 0.015% of total world trade.

Exports: In 2018 the top exporters of Transporter or bridge cranes  were China ($1.58B), Germany ($208M), Ireland ($181M), Japan ($133M), and Poland ($64M).

Imports: In 2018 the top importers of Transporter or bridge cranes were United States ($417M), India ($162M), Morocco ($120M), United Arab Emirates ($102M), and Indonesia ($96.4M).

Tariffs: In 2018 the average tariff for Transporter or bridge cranes was 5.38%, been the 3905 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Transporter or bridge cranes are Maldives (48.8%), Bahamas (40.2%), Bermuda (35%), Algeria (24.3%), and Iran (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Transporter or bridge cranes ranks 1139th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.58B

Top Destination (2018): United States, $417M

Transporter or bridge cranes are the world's 1079th most traded product.

In 2018, the top exporters of Transporter or bridge cranes were China ($1.58B), Germany ($208M), Ireland ($181M), Japan ($133M), and Poland ($64M).

In 2018, the top importers of Transporter or bridge cranes were United States ($417M), India ($162M), Morocco ($120M), United Arab Emirates ($102M), and Indonesia ($96.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Poland, $51.8M

Top Destination Growth (2017 - 2018): United States, $220M

Between 2017 and 2018, the exports of Transporter or bridge cranes grew the fastest in Poland ($51.8M), Germany ($31.9M), India ($14.5M), Canada ($11.8M), and Czechia ($10.9M).

Between 2017 and 2018, the fastest growing importers of Transporter or bridge cranes were United States ($220M), Australia ($88.5M), Thailand ($68.7M), Morocco ($65.6M), and Ghana ($63.4M).

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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 Transporter or bridge cranes.

In 2018,  market concentration measured using Shannon Entropy, was 2.88. This means that most of the exports of Transporter or bridge cranes are explained by 7 countries.

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TOP NET EXPORTER (2018): China, $1.55B

TOP NET IMPORTER (2018): United States, $375M

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

In 2018, the countries that had a largest trade value in exports than in imports of Transporter or bridge cranes were China ($1.55B), Germany ($181M), Ireland ($180M), Japan ($114M), and Czechia ($22.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Transporter or bridge cranes were United States ($375M), India ($145M), Morocco ($120M), Indonesia ($91.7M), and United Arab Emirates ($85.8M).

Trade Forecasts

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This section shows forecasts for total trade for Transporter or bridge cranes. 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 Transporter or bridge cranes was 5.38%.  The countries with the highest tariffs for importing Transporter or bridge cranes were Maldives (48.8%), Bahamas (40.2%), Bermuda (35%), Algeria (24.3%), and Iran (15%).

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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.