HS Icon Siliceous Fossil Meals

2512 (Harmonized System 1992 for 4-digit)

World Trade (2018): $202M, Rnk 1139 / 1225

Top Exporter (2018): $48.1M, United States

Top Importer (2018): $16.8M, Germany

Export Growth (CAGR)(2017 - 2018): 43.3%, Rnk 91 / 1225

Mean Tariff (2018): 2.34%, Rnk 1197 / 1259

Share of World Trade (2018): 0.0011%, Rnk 1139 / 1225

Overview:  This page contains the latest trade data of Siliceous Fossil Meals. In 2018, Siliceous Fossil Meals were the world's 1139th most traded product, with a total trade of $202M. Between 2017 and 2018 the exports of Siliceous Fossil Meals grew by 43.3%, from  $141M to $202M. Trade in Siliceous Fossil Meals represent 0.0011% of total world trade.

Exports: In 2018 the top exporters of Siliceous Fossil Meals  were United States ($48.1M), Germany ($25.3M), Mexico ($22.5M), Denmark ($17.4M), and France ($15.1M).

Imports: In 2018 the top importers of Siliceous Fossil Meals were Germany ($16.8M), Brazil ($13.8M), China ($12.2M), France ($9.15M), and Canada ($8.79M).

Tariffs: In 2018 the average tariff for Siliceous Fossil Meals was 2.34%, been the 1197 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Siliceous Fossil Meals are Bahamas (40.2%), Bermuda (25%), Algeria (13.3%), Georgia (11.4%), and Bangladesh (9.84%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $48.1M

Top Destination (2018): Germany, $16.8M

Siliceous Fossil Meals are the world's 1139th most traded product.

In 2018, the top exporters of Siliceous Fossil Meals were United States ($48.1M), Germany ($25.3M), Mexico ($22.5M), Denmark ($17.4M), and France ($15.1M).

In 2018, the top importers of Siliceous Fossil Meals were Germany ($16.8M), Brazil ($13.8M), China ($12.2M), France ($9.15M), and Canada ($8.79M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $37M

Top Destination Growth (2017 - 2018): China, $6M

Between 2017 and 2018, the exports of Siliceous Fossil Meals grew the fastest in United States ($37M), Germany ($6.29M), Canada ($4.02M), Belgium-Luxembourg ($2.41M), and Japan ($2.37M).

Between 2017 and 2018, the fastest growing importers of Siliceous Fossil Meals were China ($6M), United States ($5.88M), Germany ($5.58M), Belgium-Luxembourg ($4.82M), and Italy ($3.69M).

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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 Siliceous Fossil Meals.

In 2018,  market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Siliceous Fossil Meals are explained by 15 countries.

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TOP NET EXPORTER (2018): United States, $41.5M

TOP NET IMPORTER (2018): Brazil, $13.4M

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

In 2018, the countries that had a largest trade value in exports than in imports of Siliceous Fossil Meals were United States ($41.5M), Mexico ($21.3M), Denmark ($15.4M), Germany ($8.53M), and India ($6.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Siliceous Fossil Meals were Brazil ($13.4M), Austria ($6.6M), Italy ($6.19M), United Kingdom ($5.48M), and Canada ($4.69M).

Trade Forecasts

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This section shows forecasts for total trade for Siliceous Fossil Meals. 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 Siliceous Fossil Meals was 2.34%.  The countries with the highest tariffs for importing Siliceous Fossil Meals were Bahamas (40.2%), Bermuda (25%), Algeria (13.3%), Georgia (11.4%), and Bangladesh (9.84%).

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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.