HS Icon Electrical Capacitors

8532 (Harmonized System 1992 for 4-digit)

World Trade (2018): $30B, Rnk 125 / 1225

Top Exporter (2018): $6.44B, Japan

Top Importer (2018): $6.51B, Hong Kong

Product Complexity (2018): 0.89, Rnk 207 / 1018

Export Growth (CAGR)(2017 - 2018): 62.7%, Rnk 41 / 1225

Mean Tariff (2018): 3.87%, Rnk 1026 / 1259

Share of World Trade (2018): 0.16%, Rnk 125 / 1225

Overview:  This page contains the latest trade data of Electrical Capacitors. In 2018, Electrical Capacitors were the world's 125th most traded product, with a total trade of $30B. Between 2017 and 2018 the exports of Electrical Capacitors grew by 62.7%, from  $18.4B to $30B. Trade in Electrical Capacitors represent 0.16% of total world trade.

Exports: In 2018 the top exporters of Electrical Capacitors  were Japan ($6.44B), China ($5.88B), Chinese Taipei ($2.51B), Germany ($1.74B), and United States ($1.7B).

Imports: In 2018 the top importers of Electrical Capacitors were Hong Kong ($6.51B), China ($4.93B), Germany ($2.31B), United States ($2.22B), and Singapore ($1.23B).

Tariffs: In 2018 the average tariff for Electrical Capacitors was 3.87%, been the 1026 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Electrical Capacitors are Bahamas (40.2%), Bermuda (25%), Maldives (22.5%), Ethiopia (19.8%), and Iran (17.9%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Mauritius (0%), United Arab Emirates (0%), and Armenia (0%).

Ranking: Electrical Capacitors ranks 207th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $6.44B

Top Destination (2018): Hong Kong, $6.51B

Electrical Capacitors are the world's 125th most traded product.

In 2018, the top exporters of Electrical Capacitors were Japan ($6.44B), China ($5.88B), Chinese Taipei ($2.51B), Germany ($1.74B), and United States ($1.7B).

In 2018, the top importers of Electrical Capacitors were Hong Kong ($6.51B), China ($4.93B), Germany ($2.31B), United States ($2.22B), and Singapore ($1.23B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $2.86B

Top Destination Growth (2017 - 2018): Hong Kong, $5.03B

Between 2017 and 2018, the exports of Electrical Capacitors grew the fastest in China ($2.86B), Japan ($1.9B), Chinese Taipei ($1.63B), United States ($1.16B), and Germany ($647M).

Between 2017 and 2018, the fastest growing importers of Electrical Capacitors were Hong Kong ($5.03B), United States ($1.68B), Mexico ($903M), Germany ($463M), and China ($426M).

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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 Electrical Capacitors.

In 2018,  market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Electrical Capacitors are explained by 14 countries.

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TOP NET EXPORTER (2018): Japan, $5.98B

TOP NET IMPORTER (2018): Hong Kong, $5.84B

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

In 2018, the countries that had a largest trade value in exports than in imports of Electrical Capacitors were Japan ($5.98B), Chinese Taipei ($1.33B), China ($954M), Philippines ($728M), and South Korea ($500M).

In 2018, the countries that had a largest trade value in imports than in exports of Electrical Capacitors were Hong Kong ($5.84B), Vietnam ($810M), Mexico ($569M), Germany ($568M), and United States ($525M).

Trade Forecasts

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This section shows forecasts for total trade for Electrical Capacitors. 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 Electrical Capacitors was 3.87%.  The countries with the highest tariffs for importing Electrical Capacitors were Bahamas (40.2%), Bermuda (25%), Maldives (22.5%), Ethiopia (19.8%), and Iran (17.9%).

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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.