HS Icon Tanker trailers and semi-trailers

871631 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.21B, Rnk 1819 / 4726

Top Exporter (2018): $157M, Mexico

Top Importer (2018): $196M, United States

Product Complexity (2018): -0.41, Rnk 3283 / 4873

Export Growth (CAGR)(2017 - 2018): 30.1%, Rnk 804 / 4726

Mean Tariff (2018): 10.8%, Rnk 2031 / 6538

Share of World Trade (2018): 0.0066%, Rnk 1819 / 4726

Overview:  This page contains the latest trade data of Tanker trailers and semi-trailers. In 2018, Tanker trailers and semi-trailers were the world's 1819th most traded product, with a total trade of $1.21B. Between 2017 and 2018 the exports of Tanker trailers and semi-trailers grew by 30.1%, from  $932M to $1.21B. Trade in Tanker trailers and semi-trailers represent 0.0066% of total world trade.

Exports: In 2018 the top exporters of Tanker trailers and semi-trailers  were Mexico ($157M), Germany ($125M), China ($115M), Turkey ($115M), and United States ($87.3M).

Imports: In 2018 the top importers of Tanker trailers and semi-trailers were United States ($196M), Germany ($95.9M), Poland ($60.9M), Canada ($57.5M), and Netherlands ($43M).

Tariffs: In 2018 the average tariff for Tanker trailers and semi-trailers was 10.8%, been the 2031 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Tanker trailers and semi-trailers are Iran (40%), Maldives (34.2%), Brazil (33.9%), and Nigeria (33.1%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Rwanda (0%), Hong Kong (0%), and Japan (0%).

Ranking: Tanker trailers and semi-trailers ranks 3283rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Mexico, $157M

Top Destination (2018): United States, $196M

Tanker trailers and semi-trailers are the world's 1819th most traded product.

In 2018, the top exporters of Tanker trailers and semi-trailers were Mexico ($157M), Germany ($125M), China ($115M), Turkey ($115M), and United States ($87.3M).

In 2018, the top importers of Tanker trailers and semi-trailers were United States ($196M), Germany ($95.9M), Poland ($60.9M), Canada ($57.5M), and Netherlands ($43M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Mexico, $51.2M

Top Destination Growth (2017 - 2018): United States, $49.8M

Between 2017 and 2018, the exports of Tanker trailers and semi-trailers grew the fastest in Mexico ($51.2M), United States ($31M), Belgium-Luxembourg ($23.9M), United Arab Emirates ($22M), and Italy ($20.3M).

Between 2017 and 2018, the fastest growing importers of Tanker trailers and semi-trailers were United States ($49.8M), Canada ($32.4M), Germany ($30.4M), Poland ($28.7M), and Zambia ($19.2M).

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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 Tanker trailers and semi-trailers.

In 2018,  market concentration measured using Shannon Entropy, was 4.46. This means that most of the exports of Tanker trailers and semi-trailers are explained by 22 countries.

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TOP NET EXPORTER (2018): Mexico, $143M

TOP NET IMPORTER (2018): United States, $108M

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

In 2018, the countries that had a largest trade value in exports than in imports of Tanker trailers and semi-trailers were Mexico ($143M), China ($115M), Turkey ($114M), Italy ($54.5M), and Belgium-Luxembourg ($39.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Tanker trailers and semi-trailers were United States ($108M), Zambia ($29.6M), Netherlands ($23M), Australia ($21.4M), and Poland ($20.3M).

Trade Forecasts

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This section shows forecasts for total trade for Tanker trailers and semi-trailers. 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 Tanker trailers and semi-trailers was 10.8%.  The countries with the highest tariffs for importing Tanker trailers and semi-trailers were Iran (40%), Maldives (34.2%), Brazil (33.9%), and Nigeria (33.1%).

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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.