HS Icon Arsenic

280480 (Harmonized System 1992 for 6-digit)

World Trade (2018): $21.3M, Rnk 4511 / 4726

Top Exporter (2018): $7.4M, Japan

Top Importer (2018): $5.12M, Germany

Product Complexity (2018): 1.43, Rnk 271 / 4873

Export Growth (CAGR)(2017 - 2018): -1.76%, Rnk 3972 / 4726

Mean Tariff (2018): 3.63%, Rnk 5327 / 6538

Share of World Trade (2018): 0.00012%, Rnk 4511 / 4726

Overview: In 2018, Arsenic were the world's 4511th most traded product, with a total trade of $21.3M. Between 2017 and 2018 the exports of Arsenic decreased by -1.76%, from  $21.7M to $21.3M. Trade in Arsenic represent 0.00012% of total world trade.

Exports: In 2018 the top exporters of Arsenic  were Japan ($7.4M), China ($4.61M), Germany ($3.64M), France ($2.74M), and United States ($1.05M).

Imports: In 2018 the top importers of Arsenic were Germany ($5.12M), China ($2.57M), France ($2.37M), United States ($2.29M), and India ($800k).

Tariffs: In 2018 the average tariff for Arsenic was 3.63%, been the 5327 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Arsenic are Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (13.3%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Arsenic ranks 271st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $7.4M

Top Destination (2018): Germany, $5.12M

Arsenic are the world's 4511th most traded product.

In 2018, the top exporters of Arsenic were Japan ($7.4M), China ($4.61M), Germany ($3.64M), France ($2.74M), and United States ($1.05M).

In 2018, the top importers of Arsenic were Germany ($5.12M), China ($2.57M), France ($2.37M), United States ($2.29M), and India ($800k).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $1.49M

Top Destination Growth (2017 - 2018): China, $2.04M

Between 2017 and 2018, the exports of Arsenic grew the fastest in Germany ($1.49M), France ($1.42M), Malaysia ($169k), Spain ($110k), and Austria ($100k).

Between 2017 and 2018, the fastest growing importers of Arsenic were China ($2.04M), Malaysia ($402k), Germany ($379k), Canada ($295k), and Singapore ($206k).

Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 2.63. This means that most of the exports of Arsenic are explained by 6 countries.

TOP NET EXPORTER (2018): Japan, $6.9M

TOP NET IMPORTER (2018): Germany, $1.48M

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

In 2018, the countries that had a largest trade value in exports than imports of Arsenic were Japan ($6.9M), China ($2.04M), France ($371k), Austria ($92.5k), and Hong Kong ($33.2k).

In 2018, the countries that had a largest trade value in imports than exports of Arsenic were Germany ($1.48M), United States ($1.24M), India ($770k), Italy ($465k), and Malaysia ($447k).

Trade Forecasts

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This section shows forecasts for total trade for Arsenic. 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 Arsenic was 3.63%.  The countries with the highest tariffs for importing Arsenic were Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (13.3%).

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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.