HS Icon Models and Stuffed Animals

9503 (Harmonized System 1992 for 4-digit)

World Trade (2018): $47.4B, Rnk 78 / 1225

Top Exporter (2018): $29.6B, China

Top Importer (2018): $11.9B, United States

Product Complexity (2018): -0.048, Rnk 569 / 1018

Export Growth (CAGR)(2017 - 2018): -0.54%, Rnk 1094 / 1225

Mean Tariff (2018): 10.2%, Rnk 417 / 1259

Share of World Trade (2018): 0.26%, Rnk 78 / 1225

Overview: In 2018, Models and Stuffed Animals were the world's 78th most traded product, with a total trade of $47.4B. Between 2017 and 2018 the exports of Models and Stuffed Animals decreased by -0.54%, from  $47.7B to $47.4B. Trade in Models and Stuffed Animals represent 0.26% of total world trade.

Exports: In 2018 the top exporters of Models and Stuffed Animals  were China ($29.6B), Czechia ($2.54B), Germany ($2.28B), Vietnam ($1.3B), and Netherlands ($1.02B).

Imports: In 2018 the top importers of Models and Stuffed Animals were United States ($11.9B), Germany ($3.38B), United Kingdom ($2.55B), France ($2.31B), and Japan ($1.75B).

Tariffs: In 2018 the average tariff for Models and Stuffed Animals was 10.2%, been the 417 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Models and Stuffed Animals are Afghanistan (50%), Iran (37.5%), Zimbabwe (36.5%), Argentina (32.5%), and Brazil (31.4%). The countries with the lowest tariffs are Mauritius (0%), China (0%), Hong Kong (0%), Japan (0%), and Maldives (0%).

Ranking: Models and Stuffed Animals ranks 569th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $29.6B

Top Destination (2018): United States, $11.9B

Models and Stuffed Animals are the world's 78th most traded product.

In 2018, the top exporters of Models and Stuffed Animals were China ($29.6B), Czechia ($2.54B), Germany ($2.28B), Vietnam ($1.3B), and Netherlands ($1.02B).

In 2018, the top importers of Models and Stuffed Animals were United States ($11.9B), Germany ($3.38B), United Kingdom ($2.55B), France ($2.31B), and Japan ($1.75B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Czechia, $391M

Top Destination Growth (2017 - 2018): Japan, $502M

Between 2017 and 2018, the exports of Models and Stuffed Animals grew the fastest in Czechia ($391M), Germany ($354M), Belgium-Luxembourg ($313M), United Kingdom ($266M), and Netherlands ($243M).

Between 2017 and 2018, the fastest growing importers of Models and Stuffed Animals were Japan ($502M), India ($415M), Canada ($289M), Kazakhstan ($288M), and Germany ($226M).

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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 Models and Stuffed Animals.

In 2018,  market concentration measured using Shannon Entropy, was 2.73. This means that most of the exports of Models and Stuffed Animals are explained by 6 countries.

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TOP NET EXPORTER (2018): China, $29.2B

TOP NET IMPORTER (2018): United States, $11.4B

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

In 2018, the countries that had a largest trade value in exports than in imports of Models and Stuffed Animals were China ($29.2B), Czechia ($1.5B), Vietnam ($1.04B), Indonesia ($237M), and Hungary ($173M).

In 2018, the countries that had a largest trade value in imports than in exports of Models and Stuffed Animals were United States ($11.4B), United Kingdom ($1.71B), France ($1.61B), Japan ($1.48B), and Russia ($1.12B).

Trade Forecasts

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This section shows forecasts for total trade for Models and Stuffed Animals. 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 Models and Stuffed Animals was 10.2%.  The countries with the highest tariffs for importing Models and Stuffed Animals were Afghanistan (50%), Iran (37.5%), Zimbabwe (36.5%), Argentina (32.5%), and Brazil (31.4%).

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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.