HS Icon Instruments to measure or detect ionising radiations

903010 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.45B, Rnk 1634 / 4726

Top Exporter (2018): $442M, United States

Top Importer (2018): $216M, United States

Product Complexity (2018): 0.27, Rnk 2136 / 4873

Export Growth (CAGR)(2017 - 2018): 24.9%, Rnk 1056 / 4726

Mean Tariff (2018): 3.32%, Rnk 5522 / 6538

Share of World Trade (2018): 0.0079%, Rnk 1634 / 4726

Overview:  This page contains the latest trade data of Instruments to measure or detect ionising radiations. In 2018, Instruments to measure or detect ionising radiations were the world's 1634th most traded product, with a total trade of $1.45B. Between 2017 and 2018 the exports of Instruments to measure or detect ionising radiations grew by 24.9%, from  $1.16B to $1.45B. Trade in Instruments to measure or detect ionising radiations represent 0.0079% of total world trade.

Exports: In 2018 the top exporters of Instruments to measure or detect ionising radiations  were United States ($442M), Germany ($294M), United Kingdom ($102M), Canada ($74.3M), and France ($72.2M).

Imports: In 2018 the top importers of Instruments to measure or detect ionising radiations were United States ($216M), China ($214M), Japan ($95.3M), Germany ($79.6M), and United Kingdom ($68.7M).

Tariffs: In 2018 the average tariff for Instruments to measure or detect ionising radiations was 3.32%, been the 5522 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Instruments to measure or detect ionising radiations are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Venezuela (13.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Instruments to measure or detect ionising radiations ranks 2136th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $442M

Top Destination (2018): United States, $216M

Instruments to measure or detect ionising radiations are the world's 1634th most traded product.

In 2018, the top exporters of Instruments to measure or detect ionising radiations were United States ($442M), Germany ($294M), United Kingdom ($102M), Canada ($74.3M), and France ($72.2M).

In 2018, the top importers of Instruments to measure or detect ionising radiations were United States ($216M), China ($214M), Japan ($95.3M), Germany ($79.6M), and United Kingdom ($68.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $89M

Top Destination Growth (2017 - 2018): China, $55M

Between 2017 and 2018, the exports of Instruments to measure or detect ionising radiations grew the fastest in United States ($89M), Germany ($37.7M), United Kingdom ($28.3M), Canada ($26.6M), and Netherlands ($20.8M).

Between 2017 and 2018, the fastest growing importers of Instruments to measure or detect ionising radiations were China ($55M), Japan ($30.3M), Germany ($28.6M), India ($19.4M), and United States ($15.7M).

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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 to measure or detect ionising radiations.

In 2018,  market concentration measured using Shannon Entropy, was 3.78. This means that most of the exports of Instruments to measure or detect ionising radiations are explained by 13 countries.

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TOP NET EXPORTER (2018): United States, $226M

TOP NET IMPORTER (2018): China, $188M

This map shows which countries export or import more of Instruments to measure or detect ionising radiations. Each country is colored based on the difference in exports and imports of Instruments to measure or detect ionising radiations during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Instruments to measure or detect ionising radiations were United States ($226M), Germany ($215M), Canada ($44.8M), United Kingdom ($32.8M), and France ($31M).

In 2018, the countries that had a largest trade value in imports than in exports of Instruments to measure or detect ionising radiations were China ($188M), Japan ($76.5M), South Korea ($44.4M), India ($20.1M), and Italy ($16.4M).

Trade Forecasts

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This section shows forecasts for total trade for Instruments to measure or detect ionising radiations. 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 to measure or detect ionising radiations was 3.32%.  The countries with the highest tariffs for importing Instruments to measure or detect ionising radiations were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Venezuela (13.4%).

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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.