HS Icon Elictrical boards, panels, etc, not equipped

853810 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.04B, Rnk 782 / 4726

Top Exporter (2018): $430M, Germany

Top Importer (2018): $389M, Germany

Product Complexity (2018): 0.083, Rnk 2469 / 4873

Export Growth (CAGR)(2017 - 2018): 16.2%, Rnk 1759 / 4726

Mean Tariff (2018): 9.93%, Rnk 2287 / 6538

Share of World Trade (2018): 0.022%, Rnk 782 / 4726

Overview:  This page contains the latest trade data of Elictrical boards, panels, etc, not equipped. In 2018, Elictrical boards, panels, etc, not equipped were the world's 782nd most traded product, with a total trade of $4.04B. Between 2017 and 2018 the exports of Elictrical boards, panels, etc, not equipped grew by 16.2%, from  $3.48B to $4.04B. Trade in Elictrical boards, panels, etc, not equipped represent 0.022% of total world trade.

Exports: In 2018 the top exporters of Elictrical boards, panels, etc, not equipped  were Germany ($430M), Spain ($375M), China ($364M), Italy ($235M), and France ($230M).

Imports: In 2018 the top importers of Elictrical boards, panels, etc, not equipped were Germany ($389M), United States ($321M), France ($285M), Austria ($136M), and Czechia ($133M).

Tariffs: In 2018 the average tariff for Elictrical boards, panels, etc, not equipped was 9.93%, been the 2287 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Elictrical boards, panels, etc, not equipped are Iran (55%), Bahamas (41.8%), Sri Lanka (29.3%), Algeria (26.6%), and Bermuda (25%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Elictrical boards, panels, etc, not equipped ranks 2469th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $430M

Top Destination (2018): Germany, $389M

Elictrical boards, panels, etc, not equipped are the world's 782nd most traded product.

In 2018, the top exporters of Elictrical boards, panels, etc, not equipped were Germany ($430M), Spain ($375M), China ($364M), Italy ($235M), and France ($230M).

In 2018, the top importers of Elictrical boards, panels, etc, not equipped were Germany ($389M), United States ($321M), France ($285M), Austria ($136M), and Czechia ($133M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Spain, $143M

Top Destination Growth (2017 - 2018): Germany, $118M

Between 2017 and 2018, the exports of Elictrical boards, panels, etc, not equipped grew the fastest in Spain ($143M), Hungary ($80.7M), Czechia ($62.6M), Denmark ($38.6M), and United Arab Emirates ($31.3M).

Between 2017 and 2018, the fastest growing importers of Elictrical boards, panels, etc, not equipped were Germany ($118M), United States ($93M), Austria ($39.6M), Egypt ($30.4M), and Czechia ($30.1M).

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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 Elictrical boards, panels, etc, not equipped.

In 2018,  market concentration measured using Shannon Entropy, was 4.94. This means that most of the exports of Elictrical boards, panels, etc, not equipped are explained by 30 countries.

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TOP NET EXPORTER (2018): Spain, $259M

TOP NET IMPORTER (2018): United States, $160M

This map shows which countries export or import more of Elictrical boards, panels, etc, not equipped. Each country is colored based on the difference in exports and imports of Elictrical boards, panels, etc, not equipped during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Elictrical boards, panels, etc, not equipped were Spain ($259M), China ($245M), Italy ($128M), Hungary ($123M), and India ($87.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Elictrical boards, panels, etc, not equipped were United States ($160M), Austria ($85.1M), France ($54.7M), United Arab Emirates ($51.5M), and United Kingdom ($51M).

Trade Forecasts

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This section shows forecasts for total trade for Elictrical boards, panels, etc, not equipped. 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 Elictrical boards, panels, etc, not equipped was 9.93%.  The countries with the highest tariffs for importing Elictrical boards, panels, etc, not equipped were Iran (55%), Bahamas (41.8%), Sri Lanka (29.3%), Algeria (26.6%), and Bermuda (25%).

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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.