HS Icon Antiques

9706 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.78B, Rnk 648 / 1225

Top Exporter (2018): $918M, United Kingdom

Top Importer (2018): $1.06B, United States

Product Complexity (2018): -1.06, Rnk 837 / 1018

Export Growth (CAGR)(2017 - 2018): 116%, Rnk 11 / 1225

Mean Tariff (2018): 6.04%, Rnk 698 / 1259

Share of World Trade (2018): 0.015%, Rnk 648 / 1225

Overview:  This page contains the latest trade data of Antiques. In 2018, Antiques were the world's 648th most traded product, with a total trade of $2.78B. Between 2017 and 2018 the exports of Antiques grew by 116%, from  $1.29B to $2.78B. Trade in Antiques represent 0.015% of total world trade.

Exports: In 2018 the top exporters of Antiques  were United Kingdom ($918M), United States ($648M), France ($231M), Switzerland ($213M), and China ($135M).

Imports: In 2018 the top importers of Antiques were United States ($1.06B), Hong Kong ($471M), United Kingdom ($338M), Switzerland ($167M), and France ($99.9M).

Tariffs: In 2018 the average tariff for Antiques was 6.04%, been the 698 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Antiques are Cameroon (29.4%), Gabon (29.4%), Uzbekistan (28.7%), Syria (27.6%), and Ecuador (27.1%). The countries with the lowest tariffs are Algeria (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Armenia (0%).

Ranking: Antiques ranks 837th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United Kingdom, $918M

Top Destination (2018): United States, $1.06B

Antiques are the world's 648th most traded product.

In 2018, the top exporters of Antiques were United Kingdom ($918M), United States ($648M), France ($231M), Switzerland ($213M), and China ($135M).

In 2018, the top importers of Antiques were United States ($1.06B), Hong Kong ($471M), United Kingdom ($338M), Switzerland ($167M), and France ($99.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Kingdom, $577M

Top Destination Growth (2017 - 2018): United States, $1.06B

Between 2017 and 2018, the exports of Antiques grew the fastest in United Kingdom ($577M), United States ($254M), Switzerland ($126M), China ($116M), and France ($71.8M).

Between 2017 and 2018, the fastest growing importers of Antiques were United States ($1.06B), United Kingdom ($196M), Germany ($65.4M), Japan ($55.6M), and Australia ($46M).

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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 Antiques.

In 2018,  market concentration measured using Shannon Entropy, was 3.43. This means that most of the exports of Antiques are explained by 10 countries.

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TOP NET EXPORTER (2018): United Kingdom, $580M

TOP NET IMPORTER (2018): United States, $417M

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

In 2018, the countries that had a largest trade value in exports than in imports of Antiques were United Kingdom ($580M), France ($131M), China ($76.6M), Switzerland ($46.1M), and Canada ($25.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Antiques were United States ($417M), Hong Kong ($394M), Japan ($62.3M), Austria ($34.3M), and Australia ($28.3M).

Trade Forecasts

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This section shows forecasts for total trade for Antiques. 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 Antiques was 6.04%.  The countries with the highest tariffs for importing Antiques were Cameroon (29.4%), Gabon (29.4%), Uzbekistan (28.7%), Syria (27.6%), 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.