HS Icon Floating docks, special function vessels nes

890590 (Harmonized System 1992 for 6-digit)

World Trade (2018): $8.31B, Rnk 381 / 4726

Top Exporter (2018): $2.78B, Brazil

Top Importer (2018): $1.7B, Netherlands

Product Complexity (2018): -0.79, Rnk 3758 / 4873

Export Growth (CAGR)(2017 - 2018): -9.39%, Rnk 4300 / 4726

Mean Tariff (2018): 4.6%, Rnk 4450 / 6538

Share of World Trade (2018): 0.045%, Rnk 381 / 4726

Overview:  This page contains the latest trade data of Floating docks, special function vessels nes. In 2018, Floating docks, special function vessels nes were the world's 381st most traded product, with a total trade of $8.31B. Between 2017 and 2018 the exports of Floating docks, special function vessels nes decreased by -9.39%, from  $9.18B to $8.31B. Trade in Floating docks, special function vessels nes represent 0.045% of total world trade.

Exports: In 2018 the top exporters of Floating docks, special function vessels nes  were Brazil ($2.78B), China ($2.06B), South Korea ($907M), Singapore ($331M), and Saudi Arabia ($302M).

Imports: In 2018 the top importers of Floating docks, special function vessels nes were Netherlands ($1.7B), Brazil ($1.62B), Singapore ($1.37B), United Arab Emirates ($396M), and Russia ($375M).

Tariffs: In 2018 the average tariff for Floating docks, special function vessels nes was 4.6%, been the 4450 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Floating docks, special function vessels nes are Bahamas (40.2%), Bermuda (35%), Maldives (24.5%), Syria (18.4%), and Romania (17.2%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Floating docks, special function vessels nes ranks 3758th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Brazil, $2.78B

Top Destination (2018): Netherlands, $1.7B

Floating docks, special function vessels nes are the world's 381st most traded product.

In 2018, the top exporters of Floating docks, special function vessels nes were Brazil ($2.78B), China ($2.06B), South Korea ($907M), Singapore ($331M), and Saudi Arabia ($302M).

In 2018, the top importers of Floating docks, special function vessels nes were Netherlands ($1.7B), Brazil ($1.62B), Singapore ($1.37B), United Arab Emirates ($396M), and Russia ($375M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Brazil, $2.78B

Top Destination Growth (2017 - 2018): Netherlands, $1.62B

Between 2017 and 2018, the exports of Floating docks, special function vessels nes grew the fastest in Brazil ($2.78B), China ($875M), Saudi Arabia ($302M), Spain ($208M), and Singapore ($190M).

Between 2017 and 2018, the fastest growing importers of Floating docks, special function vessels nes were Netherlands ($1.62B), Brazil ($1.61B), Singapore ($887M), Cyprus ($357M), and Russia ($357M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Floating docks, special function vessels nes.

In 2018,  market concentration measured using Shannon Entropy, was 3.2. This means that most of the exports of Floating docks, special function vessels nes are explained by 9 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $2.04B

TOP NET IMPORTER (2018): Netherlands, $1.67B

This map shows which countries export or import more of Floating docks, special function vessels nes. Each country is colored based on the difference in exports and imports of Floating docks, special function vessels nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Floating docks, special function vessels nes were China ($2.04B), Brazil ($1.16B), South Korea ($899M), Spain ($214M), and Malaysia ($145M).

In 2018, the countries that had a largest trade value in imports than in exports of Floating docks, special function vessels nes were Netherlands ($1.67B), Singapore ($1.04B), Cyprus ($363M), Russia ($304M), and United Arab Emirates ($227M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Floating docks, special function vessels nes. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Floating docks, special function vessels nes was 4.6%.  The countries with the highest tariffs for importing Floating docks, special function vessels nes were Bahamas (40.2%), Bermuda (35%), Maldives (24.5%), Syria (18.4%), and Romania (17.2%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.