HS Icon Acyclic ethers nes, derivatives of acyclic ethers

290919 (Harmonized System 1992 for 6-digit)

World Trade (2018): $7.45B, Rnk 438 / 4726

Top Exporter (2018): $2.55B, United States

Top Importer (2018): $1.22B, Japan

Product Complexity (2018): 0.78, Rnk 1158 / 4873

Export Growth (CAGR)(2017 - 2018): 23.1%, Rnk 1163 / 4726

Mean Tariff (2018): 3.87%, Rnk 5101 / 6538

Share of World Trade (2018): 0.041%, Rnk 438 / 4726

Overview:  This page contains the latest trade data of Acyclic ethers nes, derivatives of acyclic ethers. In 2018, Acyclic ethers nes, derivatives of acyclic ethers were the world's 438th most traded product, with a total trade of $7.45B. Between 2017 and 2018 the exports of Acyclic ethers nes, derivatives of acyclic ethers grew by 23.1%, from  $6.05B to $7.45B. Trade in Acyclic ethers nes, derivatives of acyclic ethers represent 0.041% of total world trade.

Exports: In 2018 the top exporters of Acyclic ethers nes, derivatives of acyclic ethers  were United States ($2.55B), Netherlands ($928M), Saudi Arabia ($899M), France ($386M), and Qatar ($368M).

Imports: In 2018 the top importers of Acyclic ethers nes, derivatives of acyclic ethers were Japan ($1.22B), Mexico ($905M), Singapore ($777M), Netherlands ($731M), and United States ($433M).

Tariffs: In 2018 the average tariff for Acyclic ethers nes, derivatives of acyclic ethers was 3.87%, been the 5101 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Acyclic ethers nes, derivatives of acyclic ethers are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (13.3%), and Brazil (12.5%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Acyclic ethers nes, derivatives of acyclic ethers ranks 1158th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $2.55B

Top Destination (2018): Japan, $1.22B

Acyclic ethers nes, derivatives of acyclic ethers are the world's 438th most traded product.

In 2018, the top exporters of Acyclic ethers nes, derivatives of acyclic ethers were United States ($2.55B), Netherlands ($928M), Saudi Arabia ($899M), France ($386M), and Qatar ($368M).

In 2018, the top importers of Acyclic ethers nes, derivatives of acyclic ethers were Japan ($1.22B), Mexico ($905M), Singapore ($777M), Netherlands ($731M), and United States ($433M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $583M

Top Destination Growth (2017 - 2018): Mexico, $267M

Between 2017 and 2018, the exports of Acyclic ethers nes, derivatives of acyclic ethers grew the fastest in United States ($583M), Saudi Arabia ($278M), Netherlands ($183M), Qatar ($127M), and Russia ($122M).

Between 2017 and 2018, the fastest growing importers of Acyclic ethers nes, derivatives of acyclic ethers were Mexico ($267M), Chinese Taipei ($182M), Netherlands ($125M), Italy ($120M), and Singapore ($80.4M).

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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 Acyclic ethers nes, derivatives of acyclic ethers.

In 2018,  market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Acyclic ethers nes, derivatives of acyclic ethers are explained by 11 countries.

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TOP NET EXPORTER (2018): United States, $2.12B

TOP NET IMPORTER (2018): Japan, $1.06B

This map shows which countries export or import more of Acyclic ethers nes, derivatives of acyclic ethers. Each country is colored based on the difference in exports and imports of Acyclic ethers nes, derivatives of acyclic ethers during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Acyclic ethers nes, derivatives of acyclic ethers were United States ($2.12B), Saudi Arabia ($875M), Qatar ($368M), Russia ($275M), and Brazil ($213M).

In 2018, the countries that had a largest trade value in imports than in exports of Acyclic ethers nes, derivatives of acyclic ethers were Japan ($1.06B), Mexico ($905M), Singapore ($605M), Malaysia ($337M), and Italy ($295M).

Trade Forecasts

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This section shows forecasts for total trade for Acyclic ethers nes, derivatives of acyclic 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 Acyclic ethers nes, derivatives of acyclic ethers was 3.87%.  The countries with the highest tariffs for importing Acyclic ethers nes, derivatives of acyclic ethers were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (13.3%), and Brazil (12.5%).

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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.