HS Icon Instruments and appliances, used in dentistry

901849 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.89B, Rnk 644 / 4726

Top Exporter (2018): $1.38B, Germany

Top Importer (2018): $771M, United States

Product Complexity (2018): 1.15, Rnk 548 / 4873

Export Growth (CAGR)(2017 - 2018): 4.85%, Rnk 3350 / 4726

Mean Tariff (2018): 4.06%, Rnk 4910 / 6538

Share of World Trade (2018): 0.027%, Rnk 644 / 4726

Overview:  This page contains the latest trade data of Instruments and appliances, used in dentistry. In 2018, Instruments and appliances, used in dentistry were the world's 644th most traded product, with a total trade of $4.89B. Between 2017 and 2018 the exports of Instruments and appliances, used in dentistry grew by 4.85%, from  $4.66B to $4.89B. Trade in Instruments and appliances, used in dentistry represent 0.027% of total world trade.

Exports: In 2018 the top exporters of Instruments and appliances, used in dentistry  were Germany ($1.38B), Switzerland ($668M), United States ($354M), China ($270M), and Japan ($233M).

Imports: In 2018 the top importers of Instruments and appliances, used in dentistry were United States ($771M), Germany ($590M), Netherlands ($291M), China ($244M), and France ($218M).

Tariffs: In 2018 the average tariff for Instruments and appliances, used in dentistry was 4.06%, been the 4910 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Instruments and appliances, used in dentistry are Bermuda (25%), Algeria (24.3%), Iran (16%), Aruba (12%), and Venezuela (11%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Instruments and appliances, used in dentistry ranks 548th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $1.38B

Top Destination (2018): United States, $771M

Instruments and appliances, used in dentistry are the world's 644th most traded product.

In 2018, the top exporters of Instruments and appliances, used in dentistry were Germany ($1.38B), Switzerland ($668M), United States ($354M), China ($270M), and Japan ($233M).

In 2018, the top importers of Instruments and appliances, used in dentistry were United States ($771M), Germany ($590M), Netherlands ($291M), China ($244M), and France ($218M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $114M

Top Destination Growth (2017 - 2018): Netherlands, $92.5M

Between 2017 and 2018, the exports of Instruments and appliances, used in dentistry grew the fastest in Netherlands ($114M), France ($52.1M), Denmark ($42.7M), China ($26.5M), and Belgium-Luxembourg ($26M).

Between 2017 and 2018, the fastest growing importers of Instruments and appliances, used in dentistry were Netherlands ($92.5M), China ($54.2M), Spain ($28.1M), United Kingdom ($28M), and Germany ($25.5M).

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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 Instruments and appliances, used in dentistry.

In 2018,  market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Instruments and appliances, used in dentistry are explained by 15 countries.

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TOP NET EXPORTER (2018): Germany, $790M

TOP NET IMPORTER (2018): United States, $417M

This map shows which countries export or import more of Instruments and appliances, used in dentistry. Each country is colored based on the difference in exports and imports of Instruments and appliances, used in dentistry during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Instruments and appliances, used in dentistry were Germany ($790M), Switzerland ($488M), Israel ($178M), Austria ($132M), and Denmark ($69.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Instruments and appliances, used in dentistry were United States ($417M), Spain ($120M), Russia ($106M), Netherlands ($101M), and United Kingdom ($85.3M).

Trade Forecasts

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This section shows forecasts for total trade for Instruments and appliances, used in dentistry. 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 Instruments and appliances, used in dentistry was 4.06%.  The countries with the highest tariffs for importing Instruments and appliances, used in dentistry were Bermuda (25%), Algeria (24.3%), Iran (16%), Aruba (12%), and Venezuela (11%).

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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.