HS Icon Inflatable rafts

890710 (Harmonized System 1992 for 6-digit)

World Trade (2018): $444M, Rnk 2920 / 4726

Top Exporter (2018): $109M, Germany

Top Importer (2018): $56.4M, United States

Product Complexity (2018): -0.4, Rnk 3272 / 4873

Export Growth (CAGR)(2017 - 2018): 38.2%, Rnk 520 / 4726

Mean Tariff (2018): 5.11%, Rnk 4057 / 6538

Share of World Trade (2018): 0.0024%, Rnk 2920 / 4726

Overview:  This page contains the latest trade data of Inflatable rafts. In 2018, Inflatable rafts were the world's 2920th most traded product, with a total trade of $444M. Between 2017 and 2018 the exports of Inflatable rafts grew by 38.2%, from  $321M to $444M. Trade in Inflatable rafts represent 0.0024% of total world trade.

Exports: In 2018 the top exporters of Inflatable rafts  were Germany ($109M), United States ($69.7M), China ($49.2M), United Kingdom ($47.7M), and Thailand ($34.1M).

Imports: In 2018 the top importers of Inflatable rafts were United States ($56.4M), United Kingdom ($31.1M), Denmark ($31M), Italy ($28.1M), and Germany ($27.6M).

Tariffs: In 2018 the average tariff for Inflatable rafts was 5.11%, been the 4057 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Inflatable rafts are Bahamas (40.2%), Bermuda (35%), Maldives (24.5%), Zimbabwe (18.2%), and Romania (17.2%). The countries with the lowest tariffs are Angola (0%), Algeria (0%), Ethiopia (0%), Kenya (0%), and Mauritius (0%).

Ranking: Inflatable rafts ranks 3272nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $109M

Top Destination (2018): United States, $56.4M

Inflatable rafts are the world's 2920th most traded product.

In 2018, the top exporters of Inflatable rafts were Germany ($109M), United States ($69.7M), China ($49.2M), United Kingdom ($47.7M), and Thailand ($34.1M).

In 2018, the top importers of Inflatable rafts were United States ($56.4M), United Kingdom ($31.1M), Denmark ($31M), Italy ($28.1M), and Germany ($27.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $60M

Top Destination Growth (2017 - 2018): Denmark, $25.7M

Between 2017 and 2018, the exports of Inflatable rafts grew the fastest in Germany ($60M), Thailand ($17M), Bulgaria ($15.7M), United Kingdom ($12.2M), and United States ($10.1M).

Between 2017 and 2018, the fastest growing importers of Inflatable rafts were Denmark ($25.7M), Italy ($16.7M), Germany ($8.86M), Russia ($8.16M), and Switzerland ($8.05M).

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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 Inflatable rafts.

In 2018,  market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Inflatable rafts are explained by 14 countries.

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TOP NET EXPORTER (2018): Germany, $81M

TOP NET IMPORTER (2018): Italy, $21.3M

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

In 2018, the countries that had a largest trade value in exports than in imports of Inflatable rafts were Germany ($81M), China ($39.8M), Thailand ($32.2M), Bulgaria ($21.1M), and United Kingdom ($16.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Inflatable rafts were Italy ($21.3M), Singapore ($17.3M), Denmark ($14.8M), Russia ($14.6M), and Canada ($10M).

Trade Forecasts

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This section shows forecasts for total trade for Inflatable rafts. 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 Inflatable rafts was 5.11%.  The countries with the highest tariffs for importing Inflatable rafts were Bahamas (40.2%), Bermuda (35%), Maldives (24.5%), Zimbabwe (18.2%), and Romania (17.2%).

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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.