HS Icon Physical exercise, gymnasium and athletics equipment

950691 (Harmonized System 1992 for 6-digit)

World Trade (2018): $9.62B, Rnk 322 / 4726

Top Exporter (2018): $4.87B, China

Top Importer (2018): $2.48B, United States

Product Complexity (2018): 0.46, Rnk 1752 / 4873

Export Growth (CAGR)(2017 - 2018): 14%, Rnk 2047 / 4726

Mean Tariff (2018): 8.55%, Rnk 2678 / 6538

Share of World Trade (2018): 0.052%, Rnk 322 / 4726

Overview:  This page contains the latest trade data of Physical exercise, gymnasium and athletics equipment. In 2018, Physical exercise, gymnasium and athletics equipment were the world's 322nd most traded product, with a total trade of $9.62B. Between 2017 and 2018 the exports of Physical exercise, gymnasium and athletics equipment grew by 14%, from  $8.44B to $9.62B. Trade in Physical exercise, gymnasium and athletics equipment represent 0.052% of total world trade.

Exports: In 2018 the top exporters of Physical exercise, gymnasium and athletics equipment  were China ($4.87B), Chinese Taipei ($972M), United States ($677M), Italy ($555M), and Germany ($427M).

Imports: In 2018 the top importers of Physical exercise, gymnasium and athletics equipment were United States ($2.48B), Germany ($816M), United Kingdom ($518M), France ($449M), and Netherlands ($380M).

Tariffs: In 2018 the average tariff for Physical exercise, gymnasium and athletics equipment was 8.55%, been the 2678 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Physical exercise, gymnasium and athletics equipment are Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), Ecuador (28.4%), and Algeria (25.6%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Physical exercise, gymnasium and athletics equipment ranks 1752nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $4.87B

Top Destination (2018): United States, $2.48B

Physical exercise, gymnasium and athletics equipment are the world's 322nd most traded product.

In 2018, the top exporters of Physical exercise, gymnasium and athletics equipment were China ($4.87B), Chinese Taipei ($972M), United States ($677M), Italy ($555M), and Germany ($427M).

In 2018, the top importers of Physical exercise, gymnasium and athletics equipment were United States ($2.48B), Germany ($816M), United Kingdom ($518M), France ($449M), and Netherlands ($380M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $213M

Top Destination Growth (2017 - 2018): Germany, $176M

Between 2017 and 2018, the exports of Physical exercise, gymnasium and athletics equipment grew the fastest in China ($213M), Poland ($128M), United States ($108M), Italy ($89.6M), and Netherlands ($84.5M).

Between 2017 and 2018, the fastest growing importers of Physical exercise, gymnasium and athletics equipment were Germany ($176M), United States ($135M), India ($83.4M), United Kingdom ($76M), and France ($72.5M).

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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 Physical exercise, gymnasium and athletics equipment.

In 2018,  market concentration measured using Shannon Entropy, was 3.02. This means that most of the exports of Physical exercise, gymnasium and athletics equipment are explained by 8 countries.

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TOP NET EXPORTER (2018): China, $4.69B

TOP NET IMPORTER (2018): United States, $1.8B

This map shows which countries export or import more of Physical exercise, gymnasium and athletics equipment. Each country is colored based on the difference in exports and imports of Physical exercise, gymnasium and athletics equipment during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Physical exercise, gymnasium and athletics equipment were China ($4.69B), Chinese Taipei ($888M), Italy ($297M), Slovakia ($80.5M), and Hungary ($48.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Physical exercise, gymnasium and athletics equipment were United States ($1.8B), Germany ($389M), United Kingdom ($346M), Japan ($317M), and France ($276M).

Trade Forecasts

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This section shows forecasts for total trade for Physical exercise, gymnasium and athletics 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 Physical exercise, gymnasium and athletics equipment was 8.55%.  The countries with the highest tariffs for importing Physical exercise, gymnasium and athletics equipment were Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), Ecuador (28.4%), 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.