HS Icon Fishing and Hunting Equipment

9507 (Harmonized System 1992 for 4-digit)

World Trade (2018): $3.3B, Rnk 603 / 1225

Top Exporter (2018): $1.58B, China

Top Importer (2018): $763M, United States

Product Complexity (2018): -0.53, Rnk 708 / 1018

Export Growth (CAGR)(2017 - 2018): 10.7%, Rnk 734 / 1225

Mean Tariff (2018): 8.17%, Rnk 529 / 1259

Share of World Trade (2018): 0.018%, Rnk 603 / 1225

Overview:  This page contains the latest trade data of Fishing and Hunting Equipment. In 2018, Fishing and Hunting Equipment were the world's 603rd most traded product, with a total trade of $3.3B. Between 2017 and 2018 the exports of Fishing and Hunting Equipment grew by 10.7%, from  $2.98B to $3.3B. Trade in Fishing and Hunting Equipment represent 0.018% of total world trade.

Exports: In 2018 the top exporters of Fishing and Hunting Equipment  were China ($1.58B), Japan ($270M), Malaysia ($161M), Vietnam ($127M), and South Korea ($118M).

Imports: In 2018 the top importers of Fishing and Hunting Equipment were United States ($763M), Japan ($431M), France ($147M), South Korea ($145M), and Germany ($134M).

Tariffs: In 2018 the average tariff for Fishing and Hunting Equipment was 8.17%, been the 529 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Fishing and Hunting Equipment are Bahamas (40.5%), Ethiopia (34.7%), Zimbabwe (30.8%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Sri Lanka (0%), and Maldives (0%).

Ranking: Fishing and Hunting Equipment ranks 708th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.58B

Top Destination (2018): United States, $763M

Fishing and Hunting Equipment are the world's 603rd most traded product.

In 2018, the top exporters of Fishing and Hunting Equipment were China ($1.58B), Japan ($270M), Malaysia ($161M), Vietnam ($127M), and South Korea ($118M).

In 2018, the top importers of Fishing and Hunting Equipment were United States ($763M), Japan ($431M), France ($147M), South Korea ($145M), and Germany ($134M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $66.4M

Top Destination Growth (2017 - 2018): Poland, $34.4M

Between 2017 and 2018, the exports of Fishing and Hunting Equipment grew the fastest in China ($66.4M), Poland ($37.8M), Vietnam ($28.5M), United States ($27.6M), and France ($25.6M).

Between 2017 and 2018, the fastest growing importers of Fishing and Hunting Equipment were Poland ($34.4M), United States ($30.8M), Russia ($29.5M), China ($28M), and France ($27.1M).

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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 Fishing and Hunting Equipment.

In 2018,  market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Fishing and Hunting Equipment are explained by 10 countries.

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TOP NET EXPORTER (2018): China, $1.49B

TOP NET IMPORTER (2018): United States, $658M

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

In 2018, the countries that had a largest trade value in exports than in imports of Fishing and Hunting Equipment were China ($1.49B), Malaysia ($114M), Vietnam ($80.5M), Estonia ($18.8M), and Philippines ($17.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Fishing and Hunting Equipment were United States ($658M), Japan ($161M), Australia ($89.2M), France ($78.9M), and Germany ($70.5M).

Trade Forecasts

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This section shows forecasts for total trade for Fishing and Hunting 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 Fishing and Hunting Equipment was 8.17%.  The countries with the highest tariffs for importing Fishing and Hunting Equipment were Bahamas (40.5%), Ethiopia (34.7%), Zimbabwe (30.8%), Cameroon (29.4%), and Gabon (29.4%).

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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.