HS Icon Carboxyamide Compounds

2924 (Harmonized System 1992 for 4-digit)

World Trade (2018): $8.07B, Rnk 384 / 1225

Top Exporter (2018): $1.86B, China

Top Importer (2018): $1.28B, Germany

Product Complexity (2018): 0.67, Rnk 296 / 1018

Export Growth (CAGR)(2017 - 2018): 15.1%, Rnk 516 / 1225

Mean Tariff (2018): 3.54%, Rnk 1074 / 1259

Share of World Trade (2018): 0.044%, Rnk 384 / 1225

Overview:  This page contains the latest trade data of Carboxyamide Compounds. In 2018, Carboxyamide Compounds were the world's 384th most traded product, with a total trade of $8.07B. Between 2017 and 2018 the exports of Carboxyamide Compounds grew by 15.1%, from  $7.01B to $8.07B. Trade in Carboxyamide Compounds represent 0.044% of total world trade.

Exports: In 2018 the top exporters of Carboxyamide Compounds  were China ($1.86B), Switzerland ($1.4B), Norway ($1.01B), India ($549M), and Germany ($535M).

Imports: In 2018 the top importers of Carboxyamide Compounds were Germany ($1.28B), United States ($1.1B), China ($806M), Ireland ($447M), and France ($391M).

Tariffs: In 2018 the average tariff for Carboxyamide Compounds was 3.54%, been the 1074 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Carboxyamide Compounds are Bahamas (40.2%), Bermuda (25%), Iran (19%), Maldives (14.7%), and Algeria (12.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Carboxyamide Compounds ranks 296th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.86B

Top Destination (2018): Germany, $1.28B

Carboxyamide Compounds are the world's 384th most traded product.

In 2018, the top exporters of Carboxyamide Compounds were China ($1.86B), Switzerland ($1.4B), Norway ($1.01B), India ($549M), and Germany ($535M).

In 2018, the top importers of Carboxyamide Compounds were Germany ($1.28B), United States ($1.1B), China ($806M), Ireland ($447M), and France ($391M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $324M

Top Destination Growth (2017 - 2018): United States, $218M

Between 2017 and 2018, the exports of Carboxyamide Compounds grew the fastest in China ($324M), Switzerland ($174M), Germany ($127M), Norway ($98.9M), and India ($80.5M).

Between 2017 and 2018, the fastest growing importers of Carboxyamide Compounds were United States ($218M), Germany ($167M), India ($149M), Brazil ($124M), and China ($93.2M).

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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 Carboxyamide Compounds.

In 2018,  market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Carboxyamide Compounds are explained by 12 countries.

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TOP NET EXPORTER (2018): Switzerland, $1.14B

TOP NET IMPORTER (2018): Germany, $741M

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

In 2018, the countries that had a largest trade value in exports than in imports of Carboxyamide Compounds were Switzerland ($1.14B), China ($1.06B), Norway ($956M), India ($195M), and Italy ($68.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Carboxyamide Compounds were Germany ($741M), United States ($639M), Brazil ($278M), France ($208M), and South Korea ($181M).

Trade Forecasts

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This section shows forecasts for total trade for Carboxyamide Compounds. 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 Carboxyamide Compounds was 3.54%.  The countries with the highest tariffs for importing Carboxyamide Compounds were Bahamas (40.2%), Bermuda (25%), Iran (19%), Maldives (14.7%), and Algeria (12.9%).

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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.