HS Icon Parts for radio/tv transmit/receive equipment, nes

852990 (Harmonized System 1992 for 6-digit)

World Trade (2018): $53.7B, Rnk 39 / 4726

Top Exporter (2018): $16.1B, China

Top Importer (2018): $12.7B, China

Product Complexity (2018): 0.65, Rnk 1374 / 4873

Export Growth (CAGR)(2017 - 2018): 11.5%, Rnk 2443 / 4726

Mean Tariff (2018): 5.95%, Rnk 3620 / 6538

Share of World Trade (2018): 0.29%, Rnk 39 / 4726

Overview:  This page contains the latest trade data of Parts for radio/tv transmit/receive equipment, nes. In 2018, Parts for radio/tv transmit/receive equipment, nes were the world's 39th most traded product, with a total trade of $53.7B. Between 2017 and 2018 the exports of Parts for radio/tv transmit/receive equipment, nes grew by 11.5%, from  $48.2B to $53.7B. Trade in Parts for radio/tv transmit/receive equipment, nes represent 0.29% of total world trade.

Exports: In 2018 the top exporters of Parts for radio/tv transmit/receive equipment, nes  were China ($16.1B), Vietnam ($8.68B), South Korea ($7.33B), Chinese Taipei ($5.98B), and Japan ($2.22B).

Imports: In 2018 the top importers of Parts for radio/tv transmit/receive equipment, nes were China ($12.7B), Hong Kong ($6.69B), Vietnam ($3.2B), United States ($2.99B), and Mexico ($2.75B).

Tariffs: In 2018 the average tariff for Parts for radio/tv transmit/receive equipment, nes was 5.95%, been the 3620 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts for radio/tv transmit/receive equipment, nes are Bahamas (40.2%), Algeria (27.1%), Bermuda (25%), Tanzania (23.6%), and Rwanda (23.5%). The countries with the lowest tariffs are Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), Indonesia (0%), and Japan (0%).

Ranking: Parts for radio/tv transmit/receive equipment, nes ranks 1374th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $16.1B

Top Destination (2018): China, $12.7B

Parts for radio/tv transmit/receive equipment, nes are the world's 39th most traded product.

In 2018, the top exporters of Parts for radio/tv transmit/receive equipment, nes were China ($16.1B), Vietnam ($8.68B), South Korea ($7.33B), Chinese Taipei ($5.98B), and Japan ($2.22B).

In 2018, the top importers of Parts for radio/tv transmit/receive equipment, nes were China ($12.7B), Hong Kong ($6.69B), Vietnam ($3.2B), United States ($2.99B), and Mexico ($2.75B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Vietnam, $3.72B

Top Destination Growth (2017 - 2018): China, $3.36B

Between 2017 and 2018, the exports of Parts for radio/tv transmit/receive equipment, nes grew the fastest in Vietnam ($3.72B), Chinese Taipei ($3.53B), Mexico ($464M), United States ($453M), and Germany ($337M).

Between 2017 and 2018, the fastest growing importers of Parts for radio/tv transmit/receive equipment, nes were China ($3.36B), United States ($2.99B), Mexico ($2.75B), Vietnam ($897M), and South Korea ($754M).

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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 for radio/tv transmit/receive equipment, nes.

In 2018,  market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Parts for radio/tv transmit/receive equipment, nes are explained by 11 countries.

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TOP NET EXPORTER (2018): Vietnam, $5.48B

TOP NET IMPORTER (2018): Hong Kong, $5.44B

This map shows which countries export or import more of Parts for radio/tv transmit/receive equipment, nes. Each country is colored based on the difference in exports and imports of Parts for radio/tv transmit/receive equipment, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Parts for radio/tv transmit/receive equipment, nes were Vietnam ($5.48B), Chinese Taipei ($5.42B), South Korea ($5.22B), China ($3.42B), and Japan ($299M).

In 2018, the countries that had a largest trade value in imports than in exports of Parts for radio/tv transmit/receive equipment, nes were Hong Kong ($5.44B), Mexico ($2.28B), Poland ($1.45B), Brazil ($1.35B), and United States ($1.3B).

Trade Forecasts

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This section shows forecasts for total trade for Parts for radio/tv transmit/receive equipment, nes. 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 for radio/tv transmit/receive equipment, nes was 5.95%.  The countries with the highest tariffs for importing Parts for radio/tv transmit/receive equipment, nes were Bahamas (40.2%), Algeria (27.1%), Bermuda (25%), Tanzania (23.6%), and Rwanda (23.5%).

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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.