HS Icon Ethers

2909 (Harmonized System 1992 for 4-digit)

World Trade (2018): $15.5B, Rnk 237 / 1225

Top Exporter (2018): $3.3B, United States

Top Importer (2018): $1.77B, China

Product Complexity (2018): 0.22, Rnk 461 / 1018

Export Growth (CAGR)(2017 - 2018): 27.3%, Rnk 199 / 1225

Mean Tariff (2018): 3.94%, Rnk 1006 / 1259

Share of World Trade (2018): 0.084%, Rnk 237 / 1225

Overview:  This page contains the latest trade data of Ethers. In 2018, Ethers were the world's 237th most traded product, with a total trade of $15.5B. Between 2017 and 2018 the exports of Ethers grew by 27.3%, from  $12.2B to $15.5B. Trade in Ethers represent 0.084% of total world trade.

Exports: In 2018 the top exporters of Ethers  were United States ($3.3B), Saudi Arabia ($2.72B), Germany ($1.46B), Netherlands ($1.42B), and China ($1.03B).

Imports: In 2018 the top importers of Ethers were China ($1.77B), Japan ($1.57B), Netherlands ($1.11B), Mexico ($1.01B), and United States ($1B).

Tariffs: In 2018 the average tariff for Ethers was 3.94%, been the 1006 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Ethers are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (13.3%), and Ethiopia (9.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Ethers ranks 461st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $3.3B

Top Destination (2018): China, $1.77B

Ethers are the world's 237th most traded product.

In 2018, the top exporters of Ethers were United States ($3.3B), Saudi Arabia ($2.72B), Germany ($1.46B), Netherlands ($1.42B), and China ($1.03B).

In 2018, the top importers of Ethers were China ($1.77B), Japan ($1.57B), Netherlands ($1.11B), Mexico ($1.01B), and United States ($1B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Saudi Arabia, $1.56B

Top Destination Growth (2017 - 2018): China, $620M

Between 2017 and 2018, the exports of Ethers grew the fastest in Saudi Arabia ($1.56B), United States ($624M), Netherlands ($191M), China ($161M), and India ($134M).

Between 2017 and 2018, the fastest growing importers of Ethers were China ($620M), Netherlands ($291M), Mexico ($275M), Italy ($232M), and United Arab Emirates ($177M).

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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 Ethers.

In 2018,  market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Ethers are explained by 15 countries.

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TOP NET EXPORTER (2018): Saudi Arabia, $2.66B

TOP NET IMPORTER (2018): Japan, $1.18B

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

In 2018, the countries that had a largest trade value in exports than in imports of Ethers were Saudi Arabia ($2.66B), United States ($2.3B), Germany ($930M), Qatar ($361M), and Netherlands ($307M).

In 2018, the countries that had a largest trade value in imports than in exports of Ethers were Japan ($1.18B), Mexico ($1B), China ($747M), Singapore ($671M), and Italy ($583M).

Trade Forecasts

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This section shows forecasts for total trade for Ethers. 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 Ethers was 3.94%.  The countries with the highest tariffs for importing Ethers were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (13.3%), and Ethiopia (9.9%).

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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.