HS Icon Instructional Models

9023 (Harmonized System 1992 for 4-digit)

World Trade (2018): $3.18B, Rnk 615 / 1225

Top Exporter (2018): $683M, China

Top Importer (2018): $503M, United States

Product Complexity (2018): 0.15, Rnk 483 / 1018

Export Growth (CAGR)(2017 - 2018): 16.1%, Rnk 465 / 1225

Mean Tariff (2018): 3.68%, Rnk 1054 / 1259

Share of World Trade (2018): 0.017%, Rnk 615 / 1225

Overview:  This page contains the latest trade data of Instructional Models. In 2018, Instructional Models were the world's 615th most traded product, with a total trade of $3.18B. Between 2017 and 2018 the exports of Instructional Models grew by 16.1%, from  $2.74B to $3.18B. Trade in Instructional Models represent 0.017% of total world trade.

Exports: In 2018 the top exporters of Instructional Models  were China ($683M), United States ($519M), Germany ($377M), United Kingdom ($147M), and Netherlands ($113M).

Imports: In 2018 the top importers of Instructional Models were United States ($503M), China ($191M), Germany ($188M), Japan ($176M), and Hong Kong ($131M).

Tariffs: In 2018 the average tariff for Instructional Models was 3.68%, been the 1054 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Instructional Models are Bahamas (40.2%), Bermuda (25%), Slovakia (21.6%), Czechia (21.6%), and Cuba (19.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Instructional Models ranks 483rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $683M

Top Destination (2018): United States, $503M

Instructional Models are the world's 615th most traded product.

In 2018, the top exporters of Instructional Models were China ($683M), United States ($519M), Germany ($377M), United Kingdom ($147M), and Netherlands ($113M).

In 2018, the top importers of Instructional Models were United States ($503M), China ($191M), Germany ($188M), Japan ($176M), and Hong Kong ($131M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $177M

Top Destination Growth (2017 - 2018): Germany, $59M

Between 2017 and 2018, the exports of Instructional Models grew the fastest in United States ($177M), Tanzania ($57.8M), Netherlands ($49.1M), China ($39.3M), and United Arab Emirates ($35.3M).

Between 2017 and 2018, the fastest growing importers of Instructional Models were Germany ($59M), Rwanda ($57.3M), Hong Kong ($50.8M), United Kingdom ($45.5M), and Russia ($43.5M).

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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 Instructional Models.

In 2018,  market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Instructional Models are explained by 19 countries.

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TOP NET EXPORTER (2018): China, $492M

TOP NET IMPORTER (2018): Hong Kong, $109M

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

In 2018, the countries that had a largest trade value in exports than in imports of Instructional Models were China ($492M), Germany ($189M), Canada ($61.1M), Norway ($58.2M), and Tanzania ($56.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Instructional Models were Hong Kong ($109M), Japan ($85.1M), Rwanda ($58.6M), United Arab Emirates ($49.6M), and Saudi Arabia ($45M).

Trade Forecasts

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This section shows forecasts for total trade for Instructional Models. 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 Instructional Models was 3.68%.  The countries with the highest tariffs for importing Instructional Models were Bahamas (40.2%), Bermuda (25%), Slovakia (21.6%), Czechia (21.6%), and Cuba (19.7%).

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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.