HS Icon Revolution Counters

9029 (Harmonized System 1992 for 4-digit)

World Trade (2018): $8.89B, Rnk 354 / 1225

Top Exporter (2018): $1.43B, Germany

Top Importer (2018): $1.67B, United States

Product Complexity (2018): 1.19, Rnk 106 / 1018

Export Growth (CAGR)(2017 - 2018): 7.07%, Rnk 889 / 1225

Mean Tariff (2018): 5.98%, Rnk 704 / 1259

Share of World Trade (2018): 0.048%, Rnk 354 / 1225

Overview: In 2018, Revolution Counters were the world's 354th most traded product, with a total trade of $8.89B. Between 2017 and 2018 the exports of Revolution Counters grew by 7.07%, from  $8.3B to $8.89B. Trade in Revolution Counters represent 0.048% of total world trade.

Exports: In 2018 the top exporters of Revolution Counters  were Germany ($1.43B), Mexico ($1.21B), Portugal ($819M), China ($663M), and Japan ($589M).

Imports: In 2018 the top importers of Revolution Counters were United States ($1.67B), Germany ($1.45B), China ($644M), Canada ($465M), and Spain ($355M).

Tariffs: In 2018 the average tariff for Revolution Counters was 5.98%, been the 704 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Revolution Counters are Bahamas (40.2%), Ethiopia (29.7%), Pakistan (29.7%), Iran (26.3%), and Bermuda (25%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Revolution Counters ranks 106th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $1.43B

Top Destination (2018): United States, $1.67B

Revolution Counters are the world's 354th most traded product.

In 2018, the top exporters of Revolution Counters were Germany ($1.43B), Mexico ($1.21B), Portugal ($819M), China ($663M), and Japan ($589M).

In 2018, the top importers of Revolution Counters were United States ($1.67B), Germany ($1.45B), China ($644M), Canada ($465M), and Spain ($355M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $367M

Top Destination Growth (2017 - 2018): China, $242M

Between 2017 and 2018, the exports of Revolution Counters grew the fastest in Germany ($367M), Romania ($276M), Portugal ($262M), Thailand ($97.1M), and France ($78.4M).

Between 2017 and 2018, the fastest growing importers of Revolution Counters were China ($242M), Germany ($146M), Slovakia ($82.8M), France ($55.1M), and Austria ($43.2M).

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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 Revolution Counters.

In 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Revolution Counters are explained by 19 countries.

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TOP NET EXPORTER (2018): Mexico, $856M

TOP NET IMPORTER (2018): United States, $1.2B

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

In 2018, the countries that had a largest trade value in exports than in imports of Revolution Counters were Mexico ($856M), Portugal ($752M), Romania ($495M), Czechia ($299M), and Japan ($242M).

In 2018, the countries that had a largest trade value in imports than in exports of Revolution Counters were United States ($1.2B), Canada ($426M), Spain ($149M), United Kingdom ($132M), and Turkey ($118M).

Trade Forecasts

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This section shows forecasts for total trade for Revolution Counters. 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 Revolution Counters was 5.98%.  The countries with the highest tariffs for importing Revolution Counters were Bahamas (40.2%), Ethiopia (29.7%), Pakistan (29.7%), Iran (26.3%), and Bermuda (25%).

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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.