HS Icon Electrical insulators of glass

854610 (Harmonized System 1992 for 6-digit)

World Trade (2018): $252M, Rnk 3478 / 4726

Top Exporter (2018): $97.9M, China

Top Importer (2018): $27.2M, United States

Product Complexity (2018): 0.01, Rnk 2616 / 4873

Export Growth (CAGR)(2017 - 2018): 37.7%, Rnk 541 / 4726

Mean Tariff (2018): 7.59%, Rnk 2978 / 6538

Share of World Trade (2018): 0.0014%, Rnk 3478 / 4726

Overview:  This page contains the latest trade data of Electrical insulators of glass. In 2018, Electrical insulators of glass were the world's 3478th most traded product, with a total trade of $252M. Between 2017 and 2018 the exports of Electrical insulators of glass grew by 37.7%, from  $183M to $252M. Trade in Electrical insulators of glass represent 0.0014% of total world trade.

Exports: In 2018 the top exporters of Electrical insulators of glass  were China ($97.9M), Italy ($49.4M), Spain ($29.7M), Russia ($17.6M), and Ukraine ($11.7M).

Imports: In 2018 the top importers of Electrical insulators of glass were United States ($27.2M), Canada ($19.3M), Brazil ($18.8M), Thailand ($12.6M), and Mexico ($10.6M).

Tariffs: In 2018 the average tariff for Electrical insulators of glass was 7.59%, been the 2978 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Electrical insulators of glass are Bahamas (40.2%), Iran (40%), Ethiopia (29.7%), Bermuda (25%), and Pakistan (19.9%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Electrical insulators of glass ranks 2616th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $97.9M

Top Destination (2018): United States, $27.2M

Electrical insulators of glass are the world's 3478th most traded product.

In 2018, the top exporters of Electrical insulators of glass were China ($97.9M), Italy ($49.4M), Spain ($29.7M), Russia ($17.6M), and Ukraine ($11.7M).

In 2018, the top importers of Electrical insulators of glass were United States ($27.2M), Canada ($19.3M), Brazil ($18.8M), Thailand ($12.6M), and Mexico ($10.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $41.3M

Top Destination Growth (2017 - 2018): United States, $27.1M

Between 2017 and 2018, the exports of Electrical insulators of glass grew the fastest in China ($41.3M), Spain ($12.4M), Italy ($6.24M), Germany ($2.97M), and United States ($2.19M).

Between 2017 and 2018, the fastest growing importers of Electrical insulators of glass were United States ($27.1M), Egypt ($9.21M), Cote d'Ivoire ($8.1M), Thailand ($5.82M), and Brazil ($5.05M).

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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 insulators of glass.

In 2018,  market concentration measured using Shannon Entropy, was 3. This means that most of the exports of Electrical insulators of glass are explained by 8 countries.

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TOP NET EXPORTER (2018): China, $96.6M

TOP NET IMPORTER (2018): United States, $18.7M

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

In 2018, the countries that had a largest trade value in exports than in imports of Electrical insulators of glass were China ($96.6M), Italy ($44.4M), Spain ($28.2M), Russia ($13.2M), and Ukraine ($11.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Electrical insulators of glass were United States ($18.7M), Brazil ($18.4M), Canada ($14.9M), Thailand ($12.6M), and Indonesia ($9.88M).

Trade Forecasts

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This section shows forecasts for total trade for Electrical insulators of glass. 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 insulators of glass was 7.59%.  The countries with the highest tariffs for importing Electrical insulators of glass were Bahamas (40.2%), Iran (40%), Ethiopia (29.7%), Bermuda (25%), and Pakistan (19.9%).

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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.