HS Icon Metal Molds

8480 (Harmonized System 1992 for 4-digit)

World Trade (2018): $20.1B, Rnk 186 / 1225

Top Exporter (2018): $5.12B, China

Top Importer (2018): $3.08B, United States

Product Complexity (2018): 1.36, Rnk 74 / 1018

Export Growth (CAGR)(2017 - 2018): 11%, Rnk 721 / 1225

Mean Tariff (2018): 4.22%, Rnk 950 / 1259

Share of World Trade (2018): 0.11%, Rnk 186 / 1225

Overview: In 2018, Metal Molds were the world's 186th most traded product, with a total trade of $20.1B. Between 2017 and 2018 the exports of Metal Molds grew by 11%, from  $18.1B to $20.1B. Trade in Metal Molds represent 0.11% of total world trade.

Exports: In 2018 the top exporters of Metal Molds  were China ($5.12B), South Korea ($1.74B), Germany ($1.72B), Italy ($1.53B), and Japan ($1.49B).

Imports: In 2018 the top importers of Metal Molds were United States ($3.08B), Germany ($1.77B), Mexico ($1.76B), China ($951M), and Japan ($824M).

Tariffs: In 2018 the average tariff for Metal Molds was 4.22%, been the 950 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Metal Molds are Bahamas (38.2%), Bermuda (25%), Maldives (19.6%), Argentina (17.4%), and Brazil (16.5%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Metal Molds ranks 74th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $5.12B

Top Destination (2018): United States, $3.08B

Metal Molds are the world's 186th most traded product.

In 2018, the top exporters of Metal Molds were China ($5.12B), South Korea ($1.74B), Germany ($1.72B), Italy ($1.53B), and Japan ($1.49B).

In 2018, the top importers of Metal Molds were United States ($3.08B), Germany ($1.77B), Mexico ($1.76B), China ($951M), and Japan ($824M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $411M

Top Destination Growth (2017 - 2018): United States, $461M

Between 2017 and 2018, the exports of Metal Molds grew the fastest in Italy ($411M), Portugal ($293M), China ($223M), Japan ($201M), and Mexico ($185M).

Between 2017 and 2018, the fastest growing importers of Metal Molds were United States ($461M), Germany ($359M), India ($158M), Poland ($143M), and United Kingdom ($125M).

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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 Metal Molds.

In 2018,  market concentration measured using Shannon Entropy, was 4.15. This means that most of the exports of Metal Molds are explained by 17 countries.

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TOP NET EXPORTER (2018): China, $4.17B

TOP NET IMPORTER (2018): United States, $2.15B

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

In 2018, the countries that had a largest trade value in exports than in imports of Metal Molds were China ($4.17B), South Korea ($1.6B), Italy ($1.1B), Canada ($1.01B), and Japan ($664M).

In 2018, the countries that had a largest trade value in imports than in exports of Metal Molds were United States ($2.15B), Mexico ($1.49B), India ($544M), Vietnam ($431M), and Thailand ($397M).

Trade Forecasts

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This section shows forecasts for total trade for Metal Molds. 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 Metal Molds was 4.22%.  The countries with the highest tariffs for importing Metal Molds were Bahamas (38.2%), Bermuda (25%), Maldives (19.6%), Argentina (17.4%), and Brazil (16.5%).

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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.