HS Icon Seats

9401 (Harmonized System 1992 for 4-digit)

World Trade (2018): $81.9B, Rnk 32 / 1225

Top Exporter (2018): $26.7B, China

Top Importer (2018): $23.5B, United States

Product Complexity (2018): 0.15, Rnk 482 / 1018

Export Growth (CAGR)(2017 - 2018): 6.43%, Rnk 916 / 1225

Mean Tariff (2018): 14.3%, Rnk 228 / 1259

Share of World Trade (2018): 0.45%, Rnk 32 / 1225

Overview: In 2018, Seats were the world's 32nd most traded product, with a total trade of $81.9B. Between 2017 and 2018 the exports of Seats grew by 6.43%, from  $77B to $81.9B. Trade in Seats represent 0.45% of total world trade.

Exports: In 2018 the top exporters of Seats  were China ($26.7B), Mexico ($7.03B), Poland ($6.24B), Germany ($4.78B), and Italy ($3.76B).

Imports: In 2018 the top importers of Seats were United States ($23.5B), Germany ($9.14B), France ($4.6B), United Kingdom ($3.54B), and Japan ($2.76B).

Tariffs: In 2018 the average tariff for Seats was 14.3%, been the 228 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Seats are Iran (39.6%), Bolivia (38.5%), Cape Verde (36.9%), Syria (36.4%), and Cambodia (35%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Ukraine (0%).

Ranking: Seats ranks 482nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $26.7B

Top Destination (2018): United States, $23.5B

Seats are the world's 32nd most traded product.

In 2018, the top exporters of Seats were China ($26.7B), Mexico ($7.03B), Poland ($6.24B), Germany ($4.78B), and Italy ($3.76B).

In 2018, the top importers of Seats were United States ($23.5B), Germany ($9.14B), France ($4.6B), United Kingdom ($3.54B), and Japan ($2.76B).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $1.63B

Top Destination Growth (2017 - 2018): Germany, $865M

Between 2017 and 2018, the exports of Seats grew the fastest in China ($1.63B), Czechia ($648M), Italy ($509M), Poland ($478M), and Vietnam ($381M).

Between 2017 and 2018, the fastest growing importers of Seats were Germany ($865M), France ($738M), Sweden ($382M), Singapore ($295M), and Netherlands ($290M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Seats.

In 2018,  market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Seats are explained by 17 countries.

TOP NET EXPORTER (2018): China, $25.1B

TOP NET IMPORTER (2018): United States, $20.7B

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

In 2018, the countries that had a largest trade value in exports than imports of Seats were China ($25.1B), Mexico ($4.97B), Poland ($4.43B), Italy ($2.58B), and Vietnam ($2.56B).

In 2018, the countries that had a largest trade value in imports than exports of Seats were United States ($20.7B), Germany ($4.36B), France ($3.17B), Japan ($1.89B), and United Kingdom ($1.81B).

Trade Forecasts

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This section shows forecasts for total trade for Seats. 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 Seats was 14.3%.  The countries with the highest tariffs for importing Seats were Iran (39.6%), Bolivia (38.5%), Cape Verde (36.9%), Syria (36.4%), and Cambodia (35%).

Explore Tariff Data