HS Icon Sports Equipment

9506 (Harmonized System 1992 for 4-digit)

World Trade (2018): $27.2B, Rnk 137 / 1225

Top Exporter (2018): $11.9B, China

Top Importer (2018): $6.46B, United States

Product Complexity (2018): 0.3, Rnk 440 / 1018

Export Growth (CAGR)(2017 - 2018): 6.77%, Rnk 903 / 1225

Mean Tariff (2018): 9.55%, Rnk 451 / 1259

Share of World Trade (2018): 0.15%, Rnk 137 / 1225

Overview:  This page contains the latest trade data of Sports Equipment. In 2018, Sports Equipment were the world's 137th most traded product, with a total trade of $27.2B. Between 2017 and 2018 the exports of Sports Equipment grew by 6.77%, from  $25.4B to $27.2B. Trade in Sports Equipment represent 0.15% of total world trade.

Exports: In 2018 the top exporters of Sports Equipment  were China ($11.9B), Chinese Taipei ($1.84B), United States ($1.4B), Germany ($1.2B), and Italy ($1.06B).

Imports: In 2018 the top importers of Sports Equipment were United States ($6.46B), Germany ($1.96B), France ($1.51B), Japan ($1.4B), and United Kingdom ($1.3B).

Tariffs: In 2018 the average tariff for Sports Equipment was 9.55%, been the 451 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sports Equipment are Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), Ecuador (27.5%), and Algeria (25.6%). The countries with the lowest tariffs are Hong Kong (0%), Sri Lanka (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Sports Equipment ranks 440th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $11.9B

Top Destination (2018): United States, $6.46B

Sports Equipment are the world's 137th most traded product.

In 2018, the top exporters of Sports Equipment were China ($11.9B), Chinese Taipei ($1.84B), United States ($1.4B), Germany ($1.2B), and Italy ($1.06B).

In 2018, the top importers of Sports Equipment were United States ($6.46B), Germany ($1.96B), France ($1.51B), Japan ($1.4B), and United Kingdom ($1.3B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): France, $230M

Top Destination Growth (2017 - 2018): Germany, $338M

Between 2017 and 2018, the exports of Sports Equipment grew the fastest in France ($230M), Italy ($220M), United Kingdom ($209M), Germany ($206M), and Netherlands ($194M).

Between 2017 and 2018, the fastest growing importers of Sports Equipment were Germany ($338M), France ($209M), Netherlands ($113M), Poland ($86.6M), and Austria ($85M).

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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 Sports Equipment.

In 2018,  market concentration measured using Shannon Entropy, was 3.71. This means that most of the exports of Sports Equipment are explained by 13 countries.

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TOP NET EXPORTER (2018): China, $11.4B

TOP NET IMPORTER (2018): United States, $5.06B

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

In 2018, the countries that had a largest trade value in exports than in imports of Sports Equipment were China ($11.4B), Chinese Taipei ($1.66B), Italy ($399M), Vietnam ($392M), and Thailand ($350M).

In 2018, the countries that had a largest trade value in imports than in exports of Sports Equipment were United States ($5.06B), Japan ($915M), Germany ($761M), France ($729M), and United Kingdom ($689M).

Trade Forecasts

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This section shows forecasts for total trade for Sports Equipment. 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 Sports Equipment was 9.55%.  The countries with the highest tariffs for importing Sports Equipment were Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), Ecuador (27.5%), and Algeria (25.6%).

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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.