HS Icon Phosphinates and Phosphonates

2835 (Harmonized System 1992 for 4-digit)

World Trade (2018): $3.72B, Rnk 580 / 1225

Top Exporter (2018): $1B, China

Top Importer (2018): $343M, United States

Product Complexity (2018): -0.18, Rnk 603 / 1018

Export Growth (CAGR)(2017 - 2018): 10.6%, Rnk 741 / 1225

Mean Tariff (2018): 3.91%, Rnk 1015 / 1259

Share of World Trade (2018): 0.02%, Rnk 580 / 1225

Overview: In 2018, Phosphinates and Phosphonates were the world's 580th most traded product, with a total trade of $3.72B. Between 2017 and 2018 the exports of Phosphinates and Phosphonates grew by 10.6%, from  $3.36B to $3.72B. Trade in Phosphinates and Phosphonates represent 0.02% of total world trade.

Exports: In 2018 the top exporters of Phosphinates and Phosphonates  were China ($1B), Germany ($418M), United States ($229M), Russia ($219M), and Belgium-Luxembourg ($190M).

Imports: In 2018 the top importers of Phosphinates and Phosphonates were United States ($343M), Germany ($205M), Netherlands ($142M), India ($131M), and United Kingdom ($131M).

Tariffs: In 2018 the average tariff for Phosphinates and Phosphonates was 3.91%, been the 1015 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Phosphinates and Phosphonates are Bahamas (40.4%), Bermuda (25%), Maldives (14.7%), Aruba (12%), and Algeria (11.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Phosphinates and Phosphonates ranks 603rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1B

Top Destination (2018): United States, $343M

Phosphinates and Phosphonates are the world's 580th most traded product.

In 2018, the top exporters of Phosphinates and Phosphonates were China ($1B), Germany ($418M), United States ($229M), Russia ($219M), and Belgium-Luxembourg ($190M).

In 2018, the top importers of Phosphinates and Phosphonates were United States ($343M), Germany ($205M), Netherlands ($142M), India ($131M), and United Kingdom ($131M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $78M

Top Destination Growth (2017 - 2018): Netherlands, $34M

Between 2017 and 2018, the exports of Phosphinates and Phosphonates grew the fastest in China ($78M), Russia ($61.2M), Thailand ($35.8M), Belgium-Luxembourg ($34.3M), and Lithuania ($30.9M).

Between 2017 and 2018, the fastest growing importers of Phosphinates and Phosphonates were Netherlands ($34M), Germany ($33.7M), India ($25.2M), Poland ($23.9M), and Belgium-Luxembourg ($18.8M).

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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 Phosphinates and Phosphonates.

In 2018,  market concentration measured using Shannon Entropy, was 4.33. This means that most of the exports of Phosphinates and Phosphonates are explained by 20 countries.

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TOP NET EXPORTER (2018): China, $964M

TOP NET IMPORTER (2018): India, $115M

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

In 2018, the countries that had a largest trade value in exports than in imports of Phosphinates and Phosphonates were China ($964M), Germany ($212M), Russia ($159M), Tunisia ($87M), and Belgium-Luxembourg ($76.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Phosphinates and Phosphonates were India ($115M), United States ($114M), United Kingdom ($108M), Brazil ($86.8M), and Indonesia ($75.3M).

Trade Forecasts

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This section shows forecasts for total trade for Phosphinates and Phosphonates. 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 Phosphinates and Phosphonates was 3.91%.  The countries with the highest tariffs for importing Phosphinates and Phosphonates were Bahamas (40.4%), Bermuda (25%), Maldives (14.7%), Aruba (12%), and Algeria (11.6%).

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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.