HS Icon Portable Lighting

8513 (Harmonized System 1992 for 4-digit)

World Trade (2018): $3.32B, Rnk 599 / 1225

Top Exporter (2018): $2.54B, China

Top Importer (2018): $721M, United States

Product Complexity (2018): -0.24, Rnk 623 / 1018

Export Growth (CAGR)(2017 - 2018): 2%, Rnk 1041 / 1225

Mean Tariff (2018): 7.97%, Rnk 547 / 1259

Share of World Trade (2018): 0.018%, Rnk 599 / 1225

Overview:  This page contains the latest trade data of Portable Lighting. In 2018, Portable Lighting were the world's 599th most traded product, with a total trade of $3.32B. Between 2017 and 2018 the exports of Portable Lighting grew by 2%, from  $3.26B to $3.32B. Trade in Portable Lighting represent 0.018% of total world trade.

Exports: In 2018 the top exporters of Portable Lighting  were China ($2.54B), Germany ($114M), United States ($113M), Netherlands ($49.2M), and France ($47.7M).

Imports: In 2018 the top importers of Portable Lighting were United States ($721M), Germany ($195M), India ($170M), Japan ($135M), and France ($117M).

Tariffs: In 2018 the average tariff for Portable Lighting was 7.97%, been the 547 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Portable Lighting are Bahamas (40.7%), Algeria (25.6%), Bermuda (25%), Jordan (23.4%), and Syria (23%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Portable Lighting ranks 623rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $2.54B

Top Destination (2018): United States, $721M

Portable Lighting are the world's 599th most traded product.

In 2018, the top exporters of Portable Lighting were China ($2.54B), Germany ($114M), United States ($113M), Netherlands ($49.2M), and France ($47.7M).

In 2018, the top importers of Portable Lighting were United States ($721M), Germany ($195M), India ($170M), Japan ($135M), and France ($117M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $32M

Top Destination Growth (2017 - 2018): India, $93.1M

Between 2017 and 2018, the exports of Portable Lighting grew the fastest in United States ($32M), Germany ($24.7M), Netherlands ($17.2M), United Arab Emirates ($13.2M), and Spain ($10.7M).

Between 2017 and 2018, the fastest growing importers of Portable Lighting were India ($93.1M), Ghana ($24M), Indonesia ($14.6M), Philippines ($11.3M), and Poland ($9.43M).

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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 Portable Lighting.

In 2018,  market concentration measured using Shannon Entropy, was 1.88. This means that most of the exports of Portable Lighting are explained by 3 countries.

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TOP NET EXPORTER (2018): China, $2.53B

TOP NET IMPORTER (2018): United States, $608M

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

In 2018, the countries that had a largest trade value in exports than in imports of Portable Lighting were China ($2.53B), Bulgaria ($9.21M), Denmark ($2.88M), Chinese Taipei ($1.32M), and British Virgin Islands ($39.8k).

In 2018, the countries that had a largest trade value in imports than in exports of Portable Lighting were United States ($608M), India ($167M), Japan ($129M), Vietnam ($92.2M), and Canada ($83.9M).

Trade Forecasts

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This section shows forecasts for total trade for Portable Lighting. 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 Portable Lighting was 7.97%.  The countries with the highest tariffs for importing Portable Lighting were Bahamas (40.7%), Algeria (25.6%), Bermuda (25%), Jordan (23.4%), and Syria (23%).

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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.