HS Icon Original sculptures and statuary, in any material

970300 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.66B, Rnk 844 / 4726

Top Exporter (2018): $1.18B, United States

Top Importer (2018): $1.04B, United States

Product Complexity (2018): -0.39, Rnk 3254 / 4873

Export Growth (CAGR)(2017 - 2018): 20.1%, Rnk 1371 / 4726

Mean Tariff (2018): 6.07%, Rnk 3554 / 6538

Share of World Trade (2018): 0.02%, Rnk 844 / 4726

Overview:  This page contains the latest trade data of Original sculptures and statuary, in any material. In 2018, Original sculptures and statuary, in any material were the world's 844th most traded product, with a total trade of $3.66B. Between 2017 and 2018 the exports of Original sculptures and statuary, in any material grew by 20.1%, from  $3.05B to $3.66B. Trade in Original sculptures and statuary, in any material represent 0.02% of total world trade.

Exports: In 2018 the top exporters of Original sculptures and statuary, in any material  were United States ($1.18B), United Kingdom ($908M), Switzerland ($389M), Germany ($235M), and Italy ($185M).

Imports: In 2018 the top importers of Original sculptures and statuary, in any material were United States ($1.04B), Switzerland ($590M), United Kingdom ($481M), Hong Kong ($348M), and Germany ($184M).

Tariffs: In 2018 the average tariff for Original sculptures and statuary, in any material was 6.07%, been the 3554 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Original sculptures and statuary, in any material are Syria (36.8%), Cameroon (29.4%), Gabon (29.4%), Uzbekistan (28.7%), and Ecuador (27.1%). The countries with the lowest tariffs are Algeria (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Armenia (0%).

Ranking: Original sculptures and statuary, in any material ranks 3254th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $1.18B

Top Destination (2018): United States, $1.04B

Original sculptures and statuary, in any material are the world's 844th most traded product.

In 2018, the top exporters of Original sculptures and statuary, in any material were United States ($1.18B), United Kingdom ($908M), Switzerland ($389M), Germany ($235M), and Italy ($185M).

In 2018, the top importers of Original sculptures and statuary, in any material were United States ($1.04B), Switzerland ($590M), United Kingdom ($481M), Hong Kong ($348M), and Germany ($184M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $479M

Top Destination Growth (2017 - 2018): United Kingdom, $237M

Between 2017 and 2018, the exports of Original sculptures and statuary, in any material grew the fastest in United States ($479M), United Kingdom ($411M), Switzerland ($91.8M), Brazil ($26.5M), and Italy ($13.6M).

Between 2017 and 2018, the fastest growing importers of Original sculptures and statuary, in any material were United Kingdom ($237M), Hong Kong ($176M), Switzerland ($121M), Germany ($55.8M), and Belgium-Luxembourg ($47.4M).

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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 Original sculptures and statuary, in any material.

In 2018,  market concentration measured using Shannon Entropy, was 3.19. This means that most of the exports of Original sculptures and statuary, in any material are explained by 9 countries.

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TOP NET EXPORTER (2018): United Kingdom, $427M

TOP NET IMPORTER (2018): Hong Kong, $330M

This map shows which countries export or import more of Original sculptures and statuary, in any material. Each country is colored based on the difference in exports and imports of Original sculptures and statuary, in any material during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Original sculptures and statuary, in any material were United Kingdom ($427M), United States ($139M), Italy ($124M), France ($77.3M), and Spain ($55.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Original sculptures and statuary, in any material were Hong Kong ($330M), Switzerland ($201M), South Korea ($66.4M), Netherlands ($50.3M), and Mexico ($42.5M).

Trade Forecasts

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This section shows forecasts for total trade for Original sculptures and statuary, in any material. 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 Original sculptures and statuary, in any material was 6.07%.  The countries with the highest tariffs for importing Original sculptures and statuary, in any material were Syria (36.8%), Cameroon (29.4%), Gabon (29.4%), Uzbekistan (28.7%), and Ecuador (27.1%).

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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.