HS Icon Other Clocks

9105 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.22B, Rnk 863 / 1225

Top Exporter (2018): $803M, China

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

Product Complexity (2018): 0.81, Rnk 233 / 1018

Export Growth (CAGR)(2017 - 2018): -2.46%, Rnk 1125 / 1225

Mean Tariff (2018): 13.1%, Rnk 269 / 1259

Share of World Trade (2018): 0.0066%, Rnk 863 / 1225

Overview:  This page contains the latest trade data of Other Clocks. In 2018, Other Clocks were the world's 863rd most traded product, with a total trade of $1.22B. Between 2017 and 2018 the exports of Other Clocks decreased by -2.46%, from  $1.25B to $1.22B. Trade in Other Clocks represent 0.0066% of total world trade.

Exports: In 2018 the top exporters of Other Clocks  were China ($803M), Germany ($76.7M), Switzerland ($51.4M), France ($30.6M), and Netherlands ($22.2M).

Imports: In 2018 the top importers of Other Clocks were United States ($216M), Japan ($121M), Germany ($92.2M), United Kingdom ($59.8M), and France ($54.7M).

Tariffs: In 2018 the average tariff for Other Clocks was 13.1%, been the 269 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Clocks are Barbados (45.4%), Belize (44.9%), Bahamas (42.7%), Iran (40%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Other Clocks ranks 233rd in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $803M

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

Other Clocks are the world's 863rd most traded product.

In 2018, the top exporters of Other Clocks were China ($803M), Germany ($76.7M), Switzerland ($51.4M), France ($30.6M), and Netherlands ($22.2M).

In 2018, the top importers of Other Clocks were United States ($216M), Japan ($121M), Germany ($92.2M), United Kingdom ($59.8M), and France ($54.7M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $16.4M

Top Destination Growth (2017 - 2018): Netherlands, $9.58M

Between 2017 and 2018, the exports of Other Clocks grew the fastest in Germany ($16.4M), Netherlands ($9.11M), Belarus ($7.34M), Vietnam ($6.14M), and Estonia ($5.02M).

Between 2017 and 2018, the fastest growing importers of Other Clocks were Netherlands ($9.58M), India ($8.25M), Malta ($4.8M), China ($4.63M), and Philippines ($4.45M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Other Clocks.

In 2018,  market concentration measured using Shannon Entropy, was 2.45. This means that most of the exports of Other Clocks are explained by 5 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $789M

TOP NET IMPORTER (2018): United States, $198M

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Clocks were China ($789M), Switzerland ($11.7M), Belarus ($8.66M), Thailand ($3.26M), and Chinese Taipei ($3.13M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Clocks were United States ($198M), Japan ($114M), United Kingdom ($42.1M), Hong Kong ($31M), and South Korea ($24.2M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Other Clocks. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Other Clocks was 13.1%.  The countries with the highest tariffs for importing Other Clocks were Barbados (45.4%), Belize (44.9%), Bahamas (42.7%), Iran (40%), and Sudan (35%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.