HS Icon Epoxides

2910 (Harmonized System 1992 for 4-digit)

World Trade (2018): $3.97B, Rnk 568 / 1225

Top Exporter (2018): $748M, Netherlands

Top Importer (2018): $588M, Netherlands

Product Complexity (2018): 1.36, Rnk 73 / 1018

Export Growth (CAGR)(2017 - 2018): 22.4%, Rnk 284 / 1225

Mean Tariff (2018): 3.71%, Rnk 1051 / 1259

Share of World Trade (2018): 0.022%, Rnk 568 / 1225

Overview:  This page contains the latest trade data of Epoxides. In 2018, Epoxides were the world's 568th most traded product, with a total trade of $3.97B. Between 2017 and 2018 the exports of Epoxides grew by 22.4%, from  $3.24B to $3.97B. Trade in Epoxides represent 0.022% of total world trade.

Exports: In 2018 the top exporters of Epoxides  were Netherlands ($748M), Germany ($727M), United States ($428M), Saudi Arabia ($363M), and Thailand ($337M).

Imports: In 2018 the top importers of Epoxides were Netherlands ($588M), Belgium-Luxembourg ($501M), China ($460M), Germany ($431M), and South Korea ($292M).

Tariffs: In 2018 the average tariff for Epoxides was 3.71%, been the 1051 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Epoxides are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Nepal (9.89%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Epoxides ranks 73rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Netherlands, $748M

Top Destination (2018): Netherlands, $588M

Epoxides are the world's 568th most traded product.

In 2018, the top exporters of Epoxides were Netherlands ($748M), Germany ($727M), United States ($428M), Saudi Arabia ($363M), and Thailand ($337M).

In 2018, the top importers of Epoxides were Netherlands ($588M), Belgium-Luxembourg ($501M), China ($460M), Germany ($431M), and South Korea ($292M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Saudi Arabia, $156M

Top Destination Growth (2017 - 2018): China, $145M

Between 2017 and 2018, the exports of Epoxides grew the fastest in Saudi Arabia ($156M), Thailand ($145M), China ($114M), United States ($84.4M), and Netherlands ($77.2M).

Between 2017 and 2018, the fastest growing importers of Epoxides were China ($145M), Japan ($101M), Chinese Taipei ($56.7M), India ($53.5M), and South Korea ($47.4M).

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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 Epoxides.

In 2018,  market concentration measured using Shannon Entropy, was 3.55. This means that most of the exports of Epoxides are explained by 11 countries.

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TOP NET EXPORTER (2018): Saudi Arabia, $359M

TOP NET IMPORTER (2018): China, $249M

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

In 2018, the countries that had a largest trade value in exports than in imports of Epoxides were Saudi Arabia ($359M), Germany ($297M), Thailand ($291M), United States ($245M), and Netherlands ($160M).

In 2018, the countries that had a largest trade value in imports than in exports of Epoxides were China ($249M), Belgium-Luxembourg ($200M), South Korea ($176M), India ($151M), and Italy ($139M).

Trade Forecasts

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This section shows forecasts for total trade for Epoxides. 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 Epoxides was 3.71%.  The countries with the highest tariffs for importing Epoxides were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Nepal (9.89%).

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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.