HS Icon Cyclic amides, derivatives, nes, salts thereof

292429 (Harmonized System 1992 for 6-digit)

World Trade (2018): $5.8B, Rnk 554 / 4726

Top Exporter (2018): $1.29B, China

Top Importer (2018): $1.11B, Germany

Product Complexity (2018): 0.39, Rnk 1908 / 4873

Export Growth (CAGR)(2017 - 2018): 10.9%, Rnk 2532 / 4726

Mean Tariff (2018): 5.65%, Rnk 3770 / 6538

Share of World Trade (2018): 0.032%, Rnk 554 / 4726

Overview:  This page contains the latest trade data of Cyclic amides, derivatives, nes, salts thereof. In 2018, Cyclic amides, derivatives, nes, salts thereof were the world's 554th most traded product, with a total trade of $5.8B. Between 2017 and 2018 the exports of Cyclic amides, derivatives, nes, salts thereof grew by 10.9%, from  $5.23B to $5.8B. Trade in Cyclic amides, derivatives, nes, salts thereof represent 0.032% of total world trade.

Exports: In 2018 the top exporters of Cyclic amides, derivatives, nes, salts thereof  were China ($1.29B), Switzerland ($1.28B), Norway ($1.01B), Ireland ($376M), and United States ($363M).

Imports: In 2018 the top importers of Cyclic amides, derivatives, nes, salts thereof were Germany ($1.11B), United States ($779M), China ($724M), Ireland ($427M), and France ($224M).

Tariffs: In 2018 the average tariff for Cyclic amides, derivatives, nes, salts thereof was 5.65%, been the 3770 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cyclic amides, derivatives, nes, salts thereof are Bahamas (40.2%), Iran (34%), Bermuda (25%), Maldives (14.7%), and Algeria (13.3%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Cyclic amides, derivatives, nes, salts thereof ranks 1908th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.29B

Top Destination (2018): Germany, $1.11B

Cyclic amides, derivatives, nes, salts thereof are the world's 554th most traded product.

In 2018, the top exporters of Cyclic amides, derivatives, nes, salts thereof were China ($1.29B), Switzerland ($1.28B), Norway ($1.01B), Ireland ($376M), and United States ($363M).

In 2018, the top importers of Cyclic amides, derivatives, nes, salts thereof were Germany ($1.11B), United States ($779M), China ($724M), Ireland ($427M), and France ($224M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $213M

Top Destination Growth (2017 - 2018): Germany, $149M

Between 2017 and 2018, the exports of Cyclic amides, derivatives, nes, salts thereof grew the fastest in China ($213M), Switzerland ($160M), Norway ($99.4M), Germany ($72.7M), and United States ($18.5M).

Between 2017 and 2018, the fastest growing importers of Cyclic amides, derivatives, nes, salts thereof were Germany ($149M), United States ($115M), India ($88.2M), China ($84.7M), and Switzerland ($43.6M).

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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 Cyclic amides, derivatives, nes, salts thereof.

In 2018,  market concentration measured using Shannon Entropy, was 3.28. This means that most of the exports of Cyclic amides, derivatives, nes, salts thereof are explained by 9 countries.

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TOP NET EXPORTER (2018): Switzerland, $1.09B

TOP NET IMPORTER (2018): Germany, $855M

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

In 2018, the countries that had a largest trade value in exports than in imports of Cyclic amides, derivatives, nes, salts thereof were Switzerland ($1.09B), Norway ($957M), China ($561M), Italy ($112M), and India ($87M).

In 2018, the countries that had a largest trade value in imports than in exports of Cyclic amides, derivatives, nes, salts thereof were Germany ($855M), United States ($416M), Brazil ($147M), France ($124M), and United Kingdom ($122M).

Trade Forecasts

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This section shows forecasts for total trade for Cyclic amides, derivatives, nes, salts thereof. 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 Cyclic amides, derivatives, nes, salts thereof was 5.65%.  The countries with the highest tariffs for importing Cyclic amides, derivatives, nes, salts thereof were Bahamas (40.2%), Iran (34%), Bermuda (25%), Maldives (14.7%), and Algeria (13.3%).

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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.