HS Icon Double or complex silicates of metals

284210 (Harmonized System 1992 for 6-digit)

World Trade (2018): $836M, Rnk 2260 / 4726

Top Exporter (2018): $146M, United States

Top Importer (2018): $129M, Netherlands

Product Complexity (2018): 1.44, Rnk 263 / 4873

Export Growth (CAGR)(2017 - 2018): 21.1%, Rnk 1288 / 4726

Mean Tariff (2018): 3.99%, Rnk 4980 / 6538

Share of World Trade (2018): 0.0046%, Rnk 2260 / 4726

Overview:  This page contains the latest trade data of Double or complex silicates of metals. In 2018, Double or complex silicates of metals were the world's 2260th most traded product, with a total trade of $836M. Between 2017 and 2018 the exports of Double or complex silicates of metals grew by 21.1%, from  $691M to $836M. Trade in Double or complex silicates of metals represent 0.0046% of total world trade.

Exports: In 2018 the top exporters of Double or complex silicates of metals  were United States ($146M), Germany ($140M), Japan ($130M), Netherlands ($108M), and China ($77.2M).

Imports: In 2018 the top importers of Double or complex silicates of metals were Netherlands ($129M), United States ($100M), Germany ($96.5M), France ($59.6M), and Poland ($51.4M).

Tariffs: In 2018 the average tariff for Double or complex silicates of metals was 3.99%, been the 4980 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Double or complex silicates of metals 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: Double or complex silicates of metals ranks 263rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $146M

Top Destination (2018): Netherlands, $129M

Double or complex silicates of metals are the world's 2260th most traded product.

In 2018, the top exporters of Double or complex silicates of metals were United States ($146M), Germany ($140M), Japan ($130M), Netherlands ($108M), and China ($77.2M).

In 2018, the top importers of Double or complex silicates of metals were Netherlands ($129M), United States ($100M), Germany ($96.5M), France ($59.6M), and Poland ($51.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $50.8M

Top Destination Growth (2017 - 2018): United States, $54.5M

Between 2017 and 2018, the exports of Double or complex silicates of metals grew the fastest in Netherlands ($50.8M), Malaysia ($38.8M), United States ($18.2M), Germany ($17.2M), and Poland ($13.7M).

Between 2017 and 2018, the fastest growing importers of Double or complex silicates of metals were United States ($54.5M), Netherlands ($27.4M), United Kingdom ($19.7M), Kuwait ($7.51M), and South Korea ($7.09M).

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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 Double or complex silicates of metals.

In 2018,  market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Double or complex silicates of metals are explained by 12 countries.

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TOP NET EXPORTER (2018): Japan, $92.7M

TOP NET IMPORTER (2018): France, $40.7M

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

In 2018, the countries that had a largest trade value in exports than in imports of Double or complex silicates of metals were Japan ($92.7M), United States ($46.2M), Germany ($43.8M), Malaysia ($38.9M), and China ($38.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Double or complex silicates of metals were France ($40.7M), Poland ($33.7M), Netherlands ($20.5M), South Africa ($16.2M), and Belgium-Luxembourg ($13.6M).

Trade Forecasts

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This section shows forecasts for total trade for Double or complex silicates of metals. 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 Double or complex silicates of metals was 3.99%.  The countries with the highest tariffs for importing Double or complex silicates of metals 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.