HS Icon Parts and accessories of shotguns or rifles, nes

930529 (Harmonized System 1992 for 6-digit)

World Trade (2018): $440M, Rnk 2929 / 4726

Top Exporter (2018): $65.1M, Germany

Top Importer (2018): $202M, United States

Product Complexity (2018): 0.46, Rnk 1777 / 4873

Export Growth (CAGR)(2017 - 2018): -1.79%, Rnk 3976 / 4726

Mean Tariff (2018): 11.8%, Rnk 1815 / 6538

Share of World Trade (2018): 0.0024%, Rnk 2929 / 4726

Overview:  This page contains the latest trade data of Parts and accessories of shotguns or rifles, nes. In 2018, Parts and accessories of shotguns or rifles, nes were the world's 2929th most traded product, with a total trade of $440M. Between 2017 and 2018 the exports of Parts and accessories of shotguns or rifles, nes decreased by -1.79%, from  $448M to $440M. Trade in Parts and accessories of shotguns or rifles, nes represent 0.0024% of total world trade.

Exports: In 2018 the top exporters of Parts and accessories of shotguns or rifles, nes  were Germany ($65.1M), Italy ($49.2M), United States ($46.7M), Japan ($37.8M), and China ($27.2M).

Imports: In 2018 the top importers of Parts and accessories of shotguns or rifles, nes were United States ($202M), Portugal ($22.6M), Germany ($21.1M), Spain ($12.9M), and Italy ($12.8M).

Tariffs: In 2018 the average tariff for Parts and accessories of shotguns or rifles, nes was 11.8%, been the 1815 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts and accessories of shotguns or rifles, nes are Barbados (66.2%), Trinidad and Tobago (33.1%), Slovenia (22%), Iran (20%), and Gabon (19.6%).

Ranking: Parts and accessories of shotguns or rifles, nes ranks 1777th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $65.1M

Top Destination (2018): United States, $202M

Parts and accessories of shotguns or rifles, nes are the world's 2929th most traded product.

In 2018, the top exporters of Parts and accessories of shotguns or rifles, nes were Germany ($65.1M), Italy ($49.2M), United States ($46.7M), Japan ($37.8M), and China ($27.2M).

In 2018, the top importers of Parts and accessories of shotguns or rifles, nes were United States ($202M), Portugal ($22.6M), Germany ($21.1M), Spain ($12.9M), and Italy ($12.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Portugal, $8.77M

Top Destination Growth (2017 - 2018): Saudi Arabia, $3.73M

Between 2017 and 2018, the exports of Parts and accessories of shotguns or rifles, nes grew the fastest in Portugal ($8.77M), Germany ($4.98M), Philippines ($4.96M), Spain ($4.35M), and United Kingdom ($3.76M).

Between 2017 and 2018, the fastest growing importers of Parts and accessories of shotguns or rifles, nes were Saudi Arabia ($3.73M), Australia ($3.59M), Canada ($3.23M), Slovakia ($1.98M), and Austria ($1.98M).

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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 Parts and accessories of shotguns or rifles, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.3. This means that most of the exports of Parts and accessories of shotguns or rifles, nes are explained by 19 countries.

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TOP NET EXPORTER (2018): Germany, $44M

TOP NET IMPORTER (2018): United States, $156M

This map shows which countries export or import more of Parts and accessories of shotguns or rifles, nes. Each country is colored based on the difference in exports and imports of Parts and accessories of shotguns or rifles, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Parts and accessories of shotguns or rifles, nes were Germany ($44M), Italy ($36.5M), Japan ($31.8M), China ($26.7M), and Mexico ($17M).

In 2018, the countries that had a largest trade value in imports than in exports of Parts and accessories of shotguns or rifles, nes were United States ($156M), Australia ($9.86M), Austria ($8.57M), France ($8.07M), and Sweden ($5.43M).

Trade Forecasts

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This section shows forecasts for total trade for Parts and accessories of shotguns or rifles, nes. 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 Parts and accessories of shotguns or rifles, nes was 11.8%.  The countries with the highest tariffs for importing Parts and accessories of shotguns or rifles, nes were Barbados (66.2%), Trinidad and Tobago (33.1%), Slovenia (22%), Iran (20%), and Gabon (19.6%).

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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.