HS Icon Feldspar

2529 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.55B, Rnk 804 / 1225

Top Exporter (2018): $225M, Turkey

Top Importer (2018): $215M, United States

Product Complexity (2018): -1.21, Rnk 877 / 1018

Export Growth (CAGR)(2017 - 2018): 38.2%, Rnk 112 / 1225

Mean Tariff (2018): 2.57%, Rnk 1176 / 1259

Share of World Trade (2018): 0.0084%, Rnk 804 / 1225

Overview: In 2018, Feldspar were the world's 804th most traded product, with a total trade of $1.55B. Between 2017 and 2018 the exports of Feldspar grew by 38.2%, from  $1.12B to $1.55B. Trade in Feldspar represent 0.0084% of total world trade.

Exports: In 2018 the top exporters of Feldspar  were Turkey ($225M), Mexico ($218M), Mongolia ($192M), China ($172M), and Canada ($108M).

Imports: In 2018 the top importers of Feldspar were United States ($215M), China ($173M), Italy ($167M), Spain ($95.1M), and India ($94.5M).

Tariffs: In 2018 the average tariff for Feldspar was 2.57%, been the 1176 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Feldspar are Bahamas (40.2%), Bermuda (25%), Cambodia (15%), Georgia (11.4%), and Sri Lanka (10.5%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Indonesia (0%).

Ranking: Feldspar ranks 877th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Turkey, $225M

Top Destination (2018): United States, $215M

Feldspar are the world's 804th most traded product.

In 2018, the top exporters of Feldspar were Turkey ($225M), Mexico ($218M), Mongolia ($192M), China ($172M), and Canada ($108M).

In 2018, the top importers of Feldspar were United States ($215M), China ($173M), Italy ($167M), Spain ($95.1M), and India ($94.5M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Mongolia, $118M

Top Destination Growth (2017 - 2018): China, $112M

Between 2017 and 2018, the exports of Feldspar grew the fastest in Mongolia ($118M), Mexico ($69M), China ($52.4M), South Africa ($42.5M), and Thailand ($25M).

Between 2017 and 2018, the fastest growing importers of Feldspar were China ($112M), United Arab Emirates ($42.3M), India ($36.7M), Netherlands ($35.9M), and Russia ($28.5M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Feldspar.

In 2018,  market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Feldspar are explained by 17 countries.

TOP NET EXPORTER (2018): Mexico, $213M

TOP NET IMPORTER (2018): United States, $205M

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

In 2018, the countries that had a largest trade value in exports than imports of Feldspar were Mexico ($213M), Turkey ($203M), Mongolia ($192M), South Africa ($94.6M), and Canada ($83.4M).

In 2018, the countries that had a largest trade value in imports than exports of Feldspar were United States ($205M), Italy ($148M), Russia ($82.6M), Japan ($57.7M), and Netherlands ($54.8M).

Trade Forecasts

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This section shows forecasts for total trade for Feldspar. 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 Feldspar was 2.57%.  The countries with the highest tariffs for importing Feldspar were Bahamas (40.2%), Bermuda (25%), Cambodia (15%), Georgia (11.4%), and Sri Lanka (10.5%).

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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.