HS Icon Other Esters

2920 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.74B, Rnk 776 / 1225

Top Exporter (2018): $407M, China

Top Importer (2018): $207M, United States

Product Complexity (2018): 1.39, Rnk 68 / 1018

Export Growth (CAGR)(2017 - 2018): 20.6%, Rnk 323 / 1225

Mean Tariff (2018): 4.07%, Rnk 979 / 1259

Share of World Trade (2018): 0.0095%, Rnk 776 / 1225

Overview:  This page contains the latest trade data of Other Esters. In 2018, Other Esters were the world's 776th most traded product, with a total trade of $1.74B. Between 2017 and 2018 the exports of Other Esters grew by 20.6%, from  $1.44B to $1.74B. Trade in Other Esters represent 0.0095% of total world trade.

Exports: In 2018 the top exporters of Other Esters  were China ($407M), Germany ($233M), United States ($193M), Japan ($167M), and Chinese Taipei ($106M).

Imports: In 2018 the top importers of Other Esters were United States ($207M), China ($179M), India ($111M), Germany ($99.9M), and South Korea ($92.2M).

Tariffs: In 2018 the average tariff for Other Esters was 4.07%, been the 979 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Esters are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Ethiopia (12.4%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Other Esters ranks 68th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $407M

Top Destination (2018): United States, $207M

Other Esters are the world's 776th most traded product.

In 2018, the top exporters of Other Esters were China ($407M), Germany ($233M), United States ($193M), Japan ($167M), and Chinese Taipei ($106M).

In 2018, the top importers of Other Esters were United States ($207M), China ($179M), India ($111M), Germany ($99.9M), and South Korea ($92.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $64.7M

Top Destination Growth (2017 - 2018): United States, $35.5M

Between 2017 and 2018, the exports of Other Esters grew the fastest in China ($64.7M), Chinese Taipei ($57.2M), Belgium-Luxembourg ($35.3M), Japan ($33.5M), and United States ($27.5M).

Between 2017 and 2018, the fastest growing importers of Other Esters were United States ($35.5M), China ($28.7M), Netherlands ($24.2M), India ($23.5M), and South Korea ($23M).

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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 Other Esters.

In 2018,  market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Other Esters are explained by 13 countries.

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TOP NET EXPORTER (2018): China, $227M

TOP NET IMPORTER (2018): Brazil, $44.3M

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Esters were China ($227M), Germany ($133M), Japan ($85M), Chinese Taipei ($65.5M), and Singapore ($17.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Esters were Brazil ($44.3M), Spain ($36.2M), Canada ($34.9M), Netherlands ($33.5M), and Thailand ($29.7M).

Trade Forecasts

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This section shows forecasts for total trade for Other Esters. 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 Other Esters was 4.07%.  The countries with the highest tariffs for importing Other Esters were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Ethiopia (12.4%), 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.