HS Icon Miscellaneous

XX (Harmonized System 1992 for Section)

World Trade (2018): $409B, Rnk 12 / 21

Top Exporter (2018): $177B, China

Top Importer (2018): $104B, United States

Product Complexity (2018): 0.97, Rnk 4 / 21

Export Growth (CAGR)(2017 - 2018): 8.37%, Rnk 15 / 21

Mean Tariff (2018): 11.7%, Rnk 7 / 21

Share of World Trade (2018): 2.22%, Rnk 12 / 21

Overview:  This page contains the latest trade data of Miscellaneous. In 2018, Miscellaneous were the world's 12th most traded product, with a total trade of $409B. Between 2017 and 2018 the exports of Miscellaneous grew by 8.37%, from  $377B to $409B. Trade in Miscellaneous represent 2.22% of total world trade.

Exports: In 2018 the top exporters of Miscellaneous  were China ($177B), Germany ($26.6B), Poland ($17.6B), Italy ($17.6B), and Mexico ($13.8B).

Imports: In 2018 the top importers of Miscellaneous were United States ($104B), Germany ($33.5B), France ($21.3B), United Kingdom ($19.4B), and Japan ($14.9B).

Tariffs: In 2018 the average tariff for Miscellaneous was 11.7%, been the 7 lowest tariff using the Section product classification.

The countries with the highest import tariffs for Miscellaneous are Iran (33.3%), Bahamas (31.4%), Syria (27.1%), Cameroon (26.8%), and Gabon (26.7%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Japan (0.84%).

Ranking: Miscellaneous ranks 4th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $177B

Top Destination (2018): United States, $104B

Miscellaneous are the world's 12th most traded product.

In 2018, the top exporters of Miscellaneous were China ($177B), Germany ($26.6B), Poland ($17.6B), Italy ($17.6B), and Mexico ($13.8B).

In 2018, the top importers of Miscellaneous were United States ($104B), Germany ($33.5B), France ($21.3B), United Kingdom ($19.4B), and Japan ($14.9B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $4.24B

Top Destination Growth (2017 - 2018): Germany, $4.15B

Between 2017 and 2018, the exports of Miscellaneous grew the fastest in Germany ($4.24B), Poland ($2.72B), Italy ($2.67B), China ($2.58B), and Czechia ($1.81B).

Between 2017 and 2018, the fastest growing importers of Miscellaneous were Germany ($4.15B), France ($2.85B), Netherlands ($2.63B), United States ($1.6B), and Poland ($1.49B).

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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 Miscellaneous.

In 2018,  market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Miscellaneous are explained by 14 countries.

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TOP NET EXPORTER (2018): China, $171B

TOP NET IMPORTER (2018): United States, $91.7B

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

In 2018, the countries that had a largest trade value in exports than in imports of Miscellaneous were China ($171B), Italy ($9.82B), Vietnam ($8.89B), Poland ($8.75B), and Mexico ($6.17B).

In 2018, the countries that had a largest trade value in imports than in exports of Miscellaneous were United States ($91.7B), France ($13.9B), United Kingdom ($12.6B), Japan ($7.95B), and Australia ($7.32B).

Trade Forecasts

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This section shows forecasts for total trade for Miscellaneous. 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 Miscellaneous was 11.7%.  The countries with the highest tariffs for importing Miscellaneous were Iran (33.3%), Bahamas (31.4%), Syria (27.1%), Cameroon (26.8%), and Gabon (26.7%).

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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.