HS Icon Sulfides

2830 (Harmonized System 1992 for 4-digit)

World Trade (2018): $577M, Rnk 1010 / 1225

Top Exporter (2018): $144M, China

Top Importer (2018): $56.2M, China

Product Complexity (2018): -0.43, Rnk 677 / 1018

Export Growth (CAGR)(2017 - 2018): -4.58%, Rnk 1136 / 1225

Mean Tariff (2018): 4.64%, Rnk 885 / 1259

Share of World Trade (2018): 0.0031%, Rnk 1010 / 1225

Overview:  This page contains the latest trade data of Sulfides. In 2018, Sulfides were the world's 1010th most traded product, with a total trade of $577M. Between 2017 and 2018 the exports of Sulfides decreased by -4.58%, from  $605M to $577M. Trade in Sulfides represent 0.0031% of total world trade.

Exports: In 2018 the top exporters of Sulfides  were China ($144M), United States ($110M), Austria ($68.6M), Germany ($60.2M), and Philippines ($36.6M).

Imports: In 2018 the top importers of Sulfides were China ($56.2M), Peru ($46M), Germany ($38.2M), United States ($37.9M), and Chile ($32.4M).

Tariffs: In 2018 the average tariff for Sulfides was 4.64%, been the 885 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sulfides are Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Sulfides ranks 677th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $144M

Top Destination (2018): China, $56.2M

Sulfides are the world's 1010th most traded product.

In 2018, the top exporters of Sulfides were China ($144M), United States ($110M), Austria ($68.6M), Germany ($60.2M), and Philippines ($36.6M).

In 2018, the top importers of Sulfides were China ($56.2M), Peru ($46M), Germany ($38.2M), United States ($37.9M), and Chile ($32.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Austria, $40.7M

Top Destination Growth (2017 - 2018): Peru, $40.8M

Between 2017 and 2018, the exports of Sulfides grew the fastest in Austria ($40.7M), United States ($31.1M), China ($19M), Germany ($12M), and Belgium-Luxembourg ($10M).

Between 2017 and 2018, the fastest growing importers of Sulfides were Peru ($40.8M), Germany ($15.9M), United States ($8.79M), Italy ($6.55M), and Russia ($6.39M).

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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 Sulfides.

In 2018,  market concentration measured using Shannon Entropy, was 3.53. This means that most of the exports of Sulfides are explained by 11 countries.

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TOP NET EXPORTER (2018): China, $87.9M

TOP NET IMPORTER (2018): Chile, $32.3M

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

In 2018, the countries that had a largest trade value in exports than in imports of Sulfides were China ($87.9M), United States ($72.4M), Austria ($64.9M), Philippines ($35.5M), and Germany ($22M).

In 2018, the countries that had a largest trade value in imports than in exports of Sulfides were Chile ($32.3M), South Korea ($20M), Russia ($15.2M), Brazil ($13.2M), and Japan ($12M).

Trade Forecasts

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This section shows forecasts for total trade for Sulfides. 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 Sulfides was 4.64%.  The countries with the highest tariffs for importing Sulfides were Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), 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.