HS Icon Parts of electric accumulators, including separators

850790 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.32B, Rnk 732 / 4726

Top Exporter (2018): $1.45B, Japan

Top Importer (2018): $687M, China

Product Complexity (2018): 0.73, Rnk 1246 / 4873

Export Growth (CAGR)(2017 - 2018): 65.7%, Rnk 197 / 4726

Mean Tariff (2018): 8.11%, Rnk 2810 / 6538

Share of World Trade (2018): 0.024%, Rnk 732 / 4726

Overview:  This page contains the latest trade data of Parts of electric accumulators, including separators. In 2018, Parts of electric accumulators, including separators were the world's 732nd most traded product, with a total trade of $4.32B. Between 2017 and 2018 the exports of Parts of electric accumulators, including separators grew by 65.7%, from  $2.61B to $4.32B. Trade in Parts of electric accumulators, including separators represent 0.024% of total world trade.

Exports: In 2018 the top exporters of Parts of electric accumulators, including separators  were Japan ($1.45B), South Korea ($588M), China ($494M), United States ($251M), and Germany ($181M).

Imports: In 2018 the top importers of Parts of electric accumulators, including separators were China ($687M), United States ($561M), Poland ($380M), Singapore ($333M), and United Kingdom ($328M).

Tariffs: In 2018 the average tariff for Parts of electric accumulators, including separators was 8.11%, been the 2810 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts of electric accumulators, including separators are Cambodia (35%), Bermuda (35%), Maldives (34.2%), Bahamas (32.2%), and Fiji (31.1%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Ranking: Parts of electric accumulators, including separators ranks 1246th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $1.45B

Top Destination (2018): China, $687M

Parts of electric accumulators, including separators are the world's 732nd most traded product.

In 2018, the top exporters of Parts of electric accumulators, including separators were Japan ($1.45B), South Korea ($588M), China ($494M), United States ($251M), and Germany ($181M).

In 2018, the top importers of Parts of electric accumulators, including separators were China ($687M), United States ($561M), Poland ($380M), Singapore ($333M), and United Kingdom ($328M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Japan, $987M

Top Destination Growth (2017 - 2018): United States, $561M

Between 2017 and 2018, the exports of Parts of electric accumulators, including separators grew the fastest in Japan ($987M), South Korea ($396M), United States ($159M), Thailand ($139M), and China ($65.7M).

Between 2017 and 2018, the fastest growing importers of Parts of electric accumulators, including separators were United States ($561M), Singapore ($333M), Poland ($281M), United Kingdom ($201M), and China ($145M).

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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 Parts of electric accumulators, including separators.

In 2018,  market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Parts of electric accumulators, including separators are explained by 12 countries.

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TOP NET EXPORTER (2018): Japan, $1.39B

TOP NET IMPORTER (2018): Poland, $340M

This map shows which countries export or import more of Parts of electric accumulators, including separators. Each country is colored based on the difference in exports and imports of Parts of electric accumulators, including separators during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Parts of electric accumulators, including separators were Japan ($1.39B), South Korea ($365M), Thailand ($119M), Italy ($96.7M), and Czechia ($87M).

In 2018, the countries that had a largest trade value in imports than in exports of Parts of electric accumulators, including separators were Poland ($340M), United States ($309M), Singapore ($282M), Vietnam ($241M), and United Kingdom ($228M).

Trade Forecasts

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This section shows forecasts for total trade for Parts of electric accumulators, including separators. 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 Parts of electric accumulators, including separators was 8.11%.  The countries with the highest tariffs for importing Parts of electric accumulators, including separators were Cambodia (35%), Bermuda (35%), Maldives (34.2%), Bahamas (32.2%), and Fiji (31.1%).

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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.