HS Icon Radar apparatus

852610 (Harmonized System 1992 for 6-digit)

World Trade (2018): $6.96B, Rnk 464 / 4726

Top Exporter (2018): $1.46B, Germany

Top Importer (2018): $1.39B, United States

Product Complexity (2018): 1.21, Rnk 470 / 4873

Export Growth (CAGR)(2017 - 2018): 28.6%, Rnk 861 / 4726

Mean Tariff (2018): 3.6%, Rnk 5345 / 6538

Share of World Trade (2018): 0.038%, Rnk 464 / 4726

Overview:  This page contains the latest trade data of Radar apparatus. In 2018, Radar apparatus were the world's 464th most traded product, with a total trade of $6.96B. Between 2017 and 2018 the exports of Radar apparatus grew by 28.6%, from  $5.41B to $6.96B. Trade in Radar apparatus represent 0.038% of total world trade.

Exports: In 2018 the top exporters of Radar apparatus  were Germany ($1.46B), United States ($1.35B), Hungary ($456M), France ($435M), and Singapore ($429M).

Imports: In 2018 the top importers of Radar apparatus were United States ($1.39B), Japan ($590M), Germany ($511M), South Korea ($378M), and Saudi Arabia ($316M).

Tariffs: In 2018 the average tariff for Radar apparatus was 3.6%, been the 5345 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Radar apparatus are Bahamas (26.8%), Bermuda (25%), Ecuador (21.4%), Samoa (20%), and Maldives (19.6%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Radar apparatus ranks 470th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $1.46B

Top Destination (2018): United States, $1.39B

Radar apparatus are the world's 464th most traded product.

In 2018, the top exporters of Radar apparatus were Germany ($1.46B), United States ($1.35B), Hungary ($456M), France ($435M), and Singapore ($429M).

In 2018, the top importers of Radar apparatus were United States ($1.39B), Japan ($590M), Germany ($511M), South Korea ($378M), and Saudi Arabia ($316M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $570M

Top Destination Growth (2017 - 2018): United States, $469M

Between 2017 and 2018, the exports of Radar apparatus grew the fastest in Germany ($570M), Hungary ($286M), United States ($197M), Italy ($150M), and Singapore ($123M).

Between 2017 and 2018, the fastest growing importers of Radar apparatus were United States ($469M), Qatar ($205M), Japan ($202M), Germany ($183M), and Mexico ($112M).

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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 Radar apparatus.

In 2018,  market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Radar apparatus are explained by 15 countries.

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TOP NET EXPORTER (2018): Germany, $952M

TOP NET IMPORTER (2018): Saudi Arabia, $313M

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

In 2018, the countries that had a largest trade value in exports than in imports of Radar apparatus were Germany ($952M), Hungary ($440M), Singapore ($370M), France ($320M), and Philippines ($187M).

In 2018, the countries that had a largest trade value in imports than in exports of Radar apparatus were Saudi Arabia ($313M), Japan ($230M), South Korea ($224M), Qatar ($209M), and United Arab Emirates ($207M).

Trade Forecasts

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This section shows forecasts for total trade for Radar apparatus. 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 Radar apparatus was 3.6%.  The countries with the highest tariffs for importing Radar apparatus were Bahamas (26.8%), Bermuda (25%), Ecuador (21.4%), Samoa (20%), and Maldives (19.6%).

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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.