HS Icon Papermaking Machines

8439 (Harmonized System 1992 for 4-digit)

World Trade (2018): $5.26B, Rnk 488 / 1225

Top Exporter (2018): $1.06B, Germany

Top Importer (2018): $786M, China

Product Complexity (2018): 1.16, Rnk 116 / 1018

Export Growth (CAGR)(2017 - 2018): 17.8%, Rnk 398 / 1225

Mean Tariff (2018): 3.93%, Rnk 1008 / 1259

Share of World Trade (2018): 0.029%, Rnk 488 / 1225

Overview:  This page contains the latest trade data of Papermaking Machines. In 2018, Papermaking Machines were the world's 488th most traded product, with a total trade of $5.26B. Between 2017 and 2018 the exports of Papermaking Machines grew by 17.8%, from  $4.47B to $5.26B. Trade in Papermaking Machines represent 0.029% of total world trade.

Exports: In 2018 the top exporters of Papermaking Machines  were Germany ($1.06B), Finland ($799M), China ($671M), Italy ($556M), and Sweden ($416M).

Imports: In 2018 the top importers of Papermaking Machines were China ($786M), United States ($605M), Russia ($334M), Indonesia ($283M), and Germany ($270M).

Tariffs: In 2018 the average tariff for Papermaking Machines was 3.93%, been the 1008 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Papermaking Machines are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Romania (12.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Papermaking Machines ranks 116th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $1.06B

Top Destination (2018): China, $786M

Papermaking Machines are the world's 488th most traded product.

In 2018, the top exporters of Papermaking Machines were Germany ($1.06B), Finland ($799M), China ($671M), Italy ($556M), and Sweden ($416M).

In 2018, the top importers of Papermaking Machines were China ($786M), United States ($605M), Russia ($334M), Indonesia ($283M), and Germany ($270M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $176M

Top Destination Growth (2017 - 2018): China, $232M

Between 2017 and 2018, the exports of Papermaking Machines grew the fastest in Italy ($176M), Finland ($161M), China ($134M), Germany ($107M), and Austria ($65.1M).

Between 2017 and 2018, the fastest growing importers of Papermaking Machines were China ($232M), Indonesia ($126M), Russia ($116M), United Arab Emirates ($99.1M), and United States ($80.1M).

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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 Papermaking Machines.

In 2018,  market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Papermaking Machines are explained by 15 countries.

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TOP NET EXPORTER (2018): Germany, $787M

TOP NET IMPORTER (2018): United States, $439M

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

In 2018, the countries that had a largest trade value in exports than in imports of Papermaking Machines were Germany ($787M), Finland ($671M), Italy ($444M), Sweden ($289M), and Austria ($173M).

In 2018, the countries that had a largest trade value in imports than in exports of Papermaking Machines were United States ($439M), Russia ($328M), Indonesia ($278M), Vietnam ($163M), and Mexico ($154M).

Trade Forecasts

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This section shows forecasts for total trade for Papermaking 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 Papermaking Machines was 3.93%.  The countries with the highest tariffs for importing Papermaking Machines were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Romania (12.9%).

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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.