HS Icon Chlorides

2827 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.79B, Rnk 647 / 1225

Top Exporter (2018): $669M, China

Top Importer (2018): $356M, United States

Product Complexity (2018): 0.28, Rnk 447 / 1018

Export Growth (CAGR)(2017 - 2018): 19.7%, Rnk 341 / 1225

Mean Tariff (2018): 4.2%, Rnk 954 / 1259

Share of World Trade (2018): 0.015%, Rnk 647 / 1225

Overview: In 2018, Chlorides were the world's 647th most traded product, with a total trade of $2.79B. Between 2017 and 2018 the exports of Chlorides grew by 19.7%, from  $2.33B to $2.79B. Trade in Chlorides represent 0.015% of total world trade.

Exports: In 2018 the top exporters of Chlorides  were China ($669M), Germany ($244M), United States ($229M), India ($198M), and Israel ($170M).

Imports: In 2018 the top importers of Chlorides were United States ($356M), Japan ($215M), Germany ($197M), France ($140M), and South Korea ($111M).

Tariffs: In 2018 the average tariff for Chlorides was 4.2%, been the 954 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Chlorides are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Romania (13.1%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Chlorides ranks 447th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $669M

Top Destination (2018): United States, $356M

Chlorides are the world's 647th most traded product.

In 2018, the top exporters of Chlorides were China ($669M), Germany ($244M), United States ($229M), India ($198M), and Israel ($170M).

In 2018, the top importers of Chlorides were United States ($356M), Japan ($215M), Germany ($197M), France ($140M), and South Korea ($111M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $99.4M

Top Destination Growth (2017 - 2018): United States, $78M

Between 2017 and 2018, the exports of Chlorides grew the fastest in China ($99.4M), Belgium-Luxembourg ($61.5M), Jordan ($50.6M), India ($46.3M), and Germany ($34.1M).

Between 2017 and 2018, the fastest growing importers of Chlorides were United States ($78M), Japan ($70.3M), United Arab Emirates ($44.7M), Germany ($44M), and France ($35.6M).

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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 Chlorides.

In 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Chlorides are explained by 19 countries.

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TOP NET EXPORTER (2018): China, $568M

TOP NET IMPORTER (2018): United States, $127M

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

In 2018, the countries that had a largest trade value in exports than in imports of Chlorides were China ($568M), Israel ($163M), India ($140M), Belgium-Luxembourg ($72.7M), and Jordan ($69.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Chlorides were United States ($127M), Japan ($118M), South Korea ($74.2M), Malaysia ($70.9M), and Canada ($70.7M).

Trade Forecasts

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This section shows forecasts for total trade for Chlorides. 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 Chlorides was 4.2%.  The countries with the highest tariffs for importing Chlorides were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Romania (13.1%), and Algeria (12.2%).

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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.