HS Icon Xylole

270730 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.43B, Rnk 893 / 4726

Top Exporter (2018): $1.45B, Japan

Top Importer (2018): $977M, South Korea

Product Complexity (2018): 1, Rnk 775 / 4873

Export Growth (CAGR)(2017 - 2018): 40.4%, Rnk 487 / 4726

Mean Tariff (2018): 3.57%, Rnk 5360 / 6538

Share of World Trade (2018): 0.019%, Rnk 893 / 4726

Overview:  This page contains the latest trade data of Xylole. In 2018, Xylole were the world's 893rd most traded product, with a total trade of $3.43B. Between 2017 and 2018 the exports of Xylole grew by 40.4%, from  $2.44B to $3.43B. Trade in Xylole represent 0.019% of total world trade.

Exports: In 2018 the top exporters of Xylole  were Japan ($1.45B), South Korea ($439M), Belgium-Luxembourg ($394M), Germany ($249M), and Chinese Taipei ($198M).

Imports: In 2018 the top importers of Xylole were South Korea ($977M), Chinese Taipei ($573M), Netherlands ($489M), China ($411M), and Belgium-Luxembourg ($290M).

Tariffs: In 2018 the average tariff for Xylole was 3.57%, been the 5360 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Xylole are Bermuda (25%), Madagascar (17.2%), Jamaica (15%), Trinidad and Tobago (14.2%), and Barbados (13.8%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Xylole ranks 775th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $1.45B

Top Destination (2018): South Korea, $977M

Xylole are the world's 893rd most traded product.

In 2018, the top exporters of Xylole were Japan ($1.45B), South Korea ($439M), Belgium-Luxembourg ($394M), Germany ($249M), and Chinese Taipei ($198M).

In 2018, the top importers of Xylole were South Korea ($977M), Chinese Taipei ($573M), Netherlands ($489M), China ($411M), and Belgium-Luxembourg ($290M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Japan, $184M

Top Destination Growth (2017 - 2018): Belgium-Luxembourg, $230M

Between 2017 and 2018, the exports of Xylole grew the fastest in Japan ($184M), Germany ($141M), South Korea ($137M), Belgium-Luxembourg ($107M), and Chinese Taipei ($107M).

Between 2017 and 2018, the fastest growing importers of Xylole were Belgium-Luxembourg ($230M), Chinese Taipei ($157M), China ($127M), Netherlands ($118M), and Thailand ($86.5M).

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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 Xylole.

In 2018,  market concentration measured using Shannon Entropy, was 3.03. This means that most of the exports of Xylole are explained by 8 countries.

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TOP NET EXPORTER (2018): Japan, $1.45B

TOP NET IMPORTER (2018): South Korea, $538M

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

In 2018, the countries that had a largest trade value in exports than in imports of Xylole were Japan ($1.45B), Germany ($225M), Belgium-Luxembourg ($104M), Portugal ($91.8M), and Philippines ($62.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Xylole were South Korea ($538M), China ($402M), Chinese Taipei ($376M), Netherlands ($355M), and India ($100M).

Trade Forecasts

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This section shows forecasts for total trade for Xylole. 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 Xylole was 3.57%.  The countries with the highest tariffs for importing Xylole were Bermuda (25%), Madagascar (17.2%), Jamaica (15%), Trinidad and Tobago (14.2%), and Barbados (13.8%).

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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.