HS Icon Other Paper Machinery

8441 (Harmonized System 1992 for 4-digit)

World Trade (2018): $7.47B, Rnk 407 / 1225

Top Exporter (2018): $1.23B, Italy

Top Importer (2018): $1.12B, United States

Product Complexity (2018): 1.35, Rnk 75 / 1018

Export Growth (CAGR)(2017 - 2018): 17.9%, Rnk 394 / 1225

Mean Tariff (2018): 3.9%, Rnk 1021 / 1259

Share of World Trade (2018): 0.041%, Rnk 407 / 1225

Overview:  This page contains the latest trade data of Other Paper Machinery. In 2018, Other Paper Machinery were the world's 407th most traded product, with a total trade of $7.47B. Between 2017 and 2018 the exports of Other Paper Machinery grew by 17.9%, from  $6.33B to $7.47B. Trade in Other Paper Machinery represent 0.041% of total world trade.

Exports: In 2018 the top exporters of Other Paper Machinery  were Italy ($1.23B), China ($1.23B), Germany ($1.21B), Switzerland ($486M), and France ($468M).

Imports: In 2018 the top importers of Other Paper Machinery were United States ($1.12B), Germany ($426M), Poland ($322M), China ($294M), and Italy ($285M).

Tariffs: In 2018 the average tariff for Other Paper Machinery was 3.9%, been the 1021 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Paper Machinery are Bahamas (40.2%), Bermuda (23.3%), Maldives (19.6%), Cambodia (15%), and Romania (12.9%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Other Paper Machinery ranks 75th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $1.23B

Top Destination (2018): United States, $1.12B

Other Paper Machinery are the world's 407th most traded product.

In 2018, the top exporters of Other Paper Machinery were Italy ($1.23B), China ($1.23B), Germany ($1.21B), Switzerland ($486M), and France ($468M).

In 2018, the top importers of Other Paper Machinery were United States ($1.12B), Germany ($426M), Poland ($322M), China ($294M), and Italy ($285M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $337M

Top Destination Growth (2017 - 2018): Poland, $145M

Between 2017 and 2018, the exports of Other Paper Machinery grew the fastest in Italy ($337M), Germany ($210M), China ($135M), United States ($91.6M), and Netherlands ($63.5M).

Between 2017 and 2018, the fastest growing importers of Other Paper Machinery were Poland ($145M), Spain ($121M), United States ($94.3M), Italy ($80M), and Czechia ($67.4M).

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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 Other Paper Machinery.

In 2018,  market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Other Paper Machinery are explained by 16 countries.

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TOP NET EXPORTER (2018): Italy, $950M

TOP NET IMPORTER (2018): United States, $684M

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Paper Machinery were Italy ($950M), China ($933M), Germany ($787M), Switzerland ($402M), and France ($231M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Paper Machinery were United States ($684M), Poland ($278M), Mexico ($228M), Russia ($175M), and Vietnam ($141M).

Trade Forecasts

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This section shows forecasts for total trade for Other Paper Machinery. 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 Paper Machinery was 3.9%.  The countries with the highest tariffs for importing Other Paper Machinery were Bahamas (40.2%), Bermuda (23.3%), 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.