HS Icon Sodium or Potassium Peroxides

2815 (Harmonized System 1992 for 4-digit)

World Trade (2018): $7.79B, Rnk 394 / 1225

Top Exporter (2018): $1.87B, United States

Top Importer (2018): $1.07B, Australia

Product Complexity (2018): 0.11, Rnk 501 / 1018

Export Growth (CAGR)(2017 - 2018): 34.7%, Rnk 137 / 1225

Mean Tariff (2018): 5.27%, Rnk 779 / 1259

Share of World Trade (2018): 0.042%, Rnk 394 / 1225

Overview: In 2018, Sodium or Potassium Peroxides were the world's 394th most traded product, with a total trade of $7.79B. Between 2017 and 2018 the exports of Sodium or Potassium Peroxides grew by 34.7%, from  $5.78B to $7.79B. Trade in Sodium or Potassium Peroxides represent 0.042% of total world trade.

Exports: In 2018 the top exporters of Sodium or Potassium Peroxides  were United States ($1.87B), China ($895M), Germany ($804M), Belgium-Luxembourg ($502M), and Chinese Taipei ($403M).

Imports: In 2018 the top importers of Sodium or Potassium Peroxides were Australia ($1.07B), Brazil ($611M), Finland ($340M), United States ($307M), and Canada ($306M).

Tariffs: In 2018 the average tariff for Sodium or Potassium Peroxides was 5.27%, been the 779 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sodium or Potassium Peroxides are Bahamas (40.2%), Bermuda (25%), Bangladesh (24.8%), Maldives (14.7%), and Turkmenistan (14%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Sodium or Potassium Peroxides ranks 501st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $1.87B

Top Destination (2018): Australia, $1.07B

Sodium or Potassium Peroxides are the world's 394th most traded product.

In 2018, the top exporters of Sodium or Potassium Peroxides were United States ($1.87B), China ($895M), Germany ($804M), Belgium-Luxembourg ($502M), and Chinese Taipei ($403M).

In 2018, the top importers of Sodium or Potassium Peroxides were Australia ($1.07B), Brazil ($611M), Finland ($340M), United States ($307M), and Canada ($306M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $363M

Top Destination Growth (2017 - 2018): Australia, $341M

Between 2017 and 2018, the exports of Sodium or Potassium Peroxides grew the fastest in Germany ($363M), United States ($347M), Chinese Taipei ($246M), Saudi Arabia ($166M), and Netherlands ($131M).

Between 2017 and 2018, the fastest growing importers of Sodium or Potassium Peroxides were Australia ($341M), Finland ($280M), Spain ($130M), Sweden ($119M), and Brazil ($84.7M).

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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 Sodium or Potassium Peroxides.

In 2018,  market concentration measured using Shannon Entropy, was 4.19. This means that most of the exports of Sodium or Potassium Peroxides are explained by 18 countries.

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TOP NET EXPORTER (2018): United States, $1.56B

TOP NET IMPORTER (2018): Australia, $1.06B

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

In 2018, the countries that had a largest trade value in exports than in imports of Sodium or Potassium Peroxides were United States ($1.56B), China ($866M), Germany ($541M), Chinese Taipei ($352M), and Japan ($344M).

In 2018, the countries that had a largest trade value in imports than in exports of Sodium or Potassium Peroxides were Australia ($1.06B), Brazil ($598M), Finland ($336M), Canada ($270M), and Sweden ($239M).

Trade Forecasts

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This section shows forecasts for total trade for Sodium or Potassium Peroxides. 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 Sodium or Potassium Peroxides was 5.27%.  The countries with the highest tariffs for importing Sodium or Potassium Peroxides were Bahamas (40.2%), Bermuda (25%), Bangladesh (24.8%), Maldives (14.7%), and Turkmenistan (14%).

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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.