HS Icon Electric Filament

8539 (Harmonized System 1992 for 4-digit)

World Trade (2018): $9.26B, Rnk 344 / 1225

Top Exporter (2018): $2.89B, China

Top Importer (2018): $1.26B, United States

Product Complexity (2018): 1.01, Rnk 172 / 1018

Export Growth (CAGR)(2017 - 2018): -9.57%, Rnk 1173 / 1225

Mean Tariff (2018): 8.93%, Rnk 482 / 1259

Share of World Trade (2018): 0.05%, Rnk 344 / 1225

Overview:  This page contains the latest trade data of Electric Filament. In 2018, Electric Filament were the world's 344th most traded product, with a total trade of $9.26B. Between 2017 and 2018 the exports of Electric Filament decreased by -9.57%, from  $10.2B to $9.26B. Trade in Electric Filament represent 0.05% of total world trade.

Exports: In 2018 the top exporters of Electric Filament  were China ($2.89B), Germany ($1.64B), Japan ($604M), Poland ($515M), and United States ($486M).

Imports: In 2018 the top importers of Electric Filament were United States ($1.26B), Germany ($706M), China ($571M), France ($426M), and United Kingdom ($310M).

Tariffs: In 2018 the average tariff for Electric Filament was 8.93%, been the 482 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Electric Filament are Bahamas (34%), Iran (31.7%), Algeria (26.8%), Uzbekistan (26.5%), and Maldives (25.9%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Electric Filament ranks 172nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $2.89B

Top Destination (2018): United States, $1.26B

Electric Filament are the world's 344th most traded product.

In 2018, the top exporters of Electric Filament were China ($2.89B), Germany ($1.64B), Japan ($604M), Poland ($515M), and United States ($486M).

In 2018, the top importers of Electric Filament were United States ($1.26B), Germany ($706M), China ($571M), France ($426M), and United Kingdom ($310M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Kingdom, $54.2M

Top Destination Growth (2017 - 2018): Slovakia, $48.3M

Between 2017 and 2018, the exports of Electric Filament grew the fastest in United Kingdom ($54.2M), Slovakia ($34.9M), Netherlands ($34.2M), United Arab Emirates ($27.1M), and Belgium-Luxembourg ($19.2M).

Between 2017 and 2018, the fastest growing importers of Electric Filament were Slovakia ($48.3M), Egypt ($30M), India ($23.2M), Germany ($17M), and Ghana ($10.7M).

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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 Electric Filament.

In 2018,  market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Electric Filament are explained by 13 countries.

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TOP NET EXPORTER (2018): China, $2.32B

TOP NET IMPORTER (2018): United States, $774M

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

In 2018, the countries that had a largest trade value in exports than in imports of Electric Filament were China ($2.32B), Germany ($937M), Japan ($388M), Hungary ($242M), and Poland ($218M).

In 2018, the countries that had a largest trade value in imports than in exports of Electric Filament were United States ($774M), Mexico ($226M), Brazil ($167M), Indonesia ($145M), and Canada ($130M).

Trade Forecasts

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This section shows forecasts for total trade for Electric Filament. 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 Electric Filament was 8.93%.  The countries with the highest tariffs for importing Electric Filament were Bahamas (34%), Iran (31.7%), Algeria (26.8%), Uzbekistan (26.5%), and Maldives (25.9%).

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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.