HS Icon Portland cement, other than white cement

252329 (Harmonized System 1992 for 6-digit)

World Trade (2018): $6.32B, Rnk 521 / 4726

Top Exporter (2018): $425M, China

Top Importer (2018): $871M, United States

Product Complexity (2018): -1.37, Rnk 4363 / 4873

Export Growth (CAGR)(2017 - 2018): 17.5%, Rnk 1602 / 4726

Mean Tariff (2018): 8.89%, Rnk 2570 / 6538

Share of World Trade (2018): 0.034%, Rnk 521 / 4726

Overview:  This page contains the latest trade data of Portland cement, other than white cement. In 2018, Portland cement, other than white cement were the world's 521st most traded product, with a total trade of $6.32B. Between 2017 and 2018 the exports of Portland cement, other than white cement grew by 17.5%, from  $5.38B to $6.32B. Trade in Portland cement, other than white cement represent 0.034% of total world trade.

Exports: In 2018 the top exporters of Portland cement, other than white cement  were China ($425M), Canada ($396M), Vietnam ($312M), Germany ($307M), and Turkey ($289M).

Imports: In 2018 the top importers of Portland cement, other than white cement were United States ($871M), France ($266M), Hong Kong ($240M), Philippines ($236M), and United Kingdom ($195M).

Tariffs: In 2018 the average tariff for Portland cement, other than white cement was 8.89%, been the 2570 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Portland cement, other than white cement are Lebanon (59.7%), Cyprus (40%), Vietnam (30.5%), Angola (30%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Indonesia (0%).

Ranking: Portland cement, other than white cement ranks 4363rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $425M

Top Destination (2018): United States, $871M

Portland cement, other than white cement are the world's 521st most traded product.

In 2018, the top exporters of Portland cement, other than white cement were China ($425M), Canada ($396M), Vietnam ($312M), Germany ($307M), and Turkey ($289M).

In 2018, the top importers of Portland cement, other than white cement were United States ($871M), France ($266M), Hong Kong ($240M), Philippines ($236M), and United Kingdom ($195M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Thailand, $162M

Top Destination Growth (2017 - 2018): United States, $152M

Between 2017 and 2018, the exports of Portland cement, other than white cement grew the fastest in Thailand ($162M), Vietnam ($146M), Israel ($126M), Oman ($100M), and Croatia ($81.7M).

Between 2017 and 2018, the fastest growing importers of Portland cement, other than white cement were United States ($152M), Uzbekistan ($145M), Palestine ($133M), Yemen ($118M), and Cambodia ($111M).

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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 Portland cement, other than white cement.

In 2018,  market concentration measured using Shannon Entropy, was 5.6. This means that most of the exports of Portland cement, other than white cement are explained by 48 countries.

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TOP NET EXPORTER (2018): China, $385M

TOP NET IMPORTER (2018): United States, $782M

This map shows which countries export or import more of Portland cement, other than white cement. Each country is colored based on the difference in exports and imports of Portland cement, other than white cement during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Portland cement, other than white cement were China ($385M), Canada ($316M), Vietnam ($312M), Turkey ($289M), and United Arab Emirates ($245M).

In 2018, the countries that had a largest trade value in imports than in exports of Portland cement, other than white cement were United States ($782M), Hong Kong ($235M), Philippines ($234M), France ($216M), and United Kingdom ($178M).

Trade Forecasts

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This section shows forecasts for total trade for Portland cement, other than white cement. 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 Portland cement, other than white cement was 8.89%.  The countries with the highest tariffs for importing Portland cement, other than white cement were Lebanon (59.7%), Cyprus (40%), Vietnam (30.5%), Angola (30%), and Uzbekistan (28.7%).

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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.