HS Icon Carboxyimide Compounds

2925 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.52B, Rnk 810 / 1225

Top Exporter (2018): $386M, China

Top Importer (2018): $228M, United States

Product Complexity (2018): 1.54, Rnk 42 / 1018

Export Growth (CAGR)(2017 - 2018): 7.19%, Rnk 886 / 1225

Mean Tariff (2018): 3.86%, Rnk 1028 / 1259

Share of World Trade (2018): 0.0082%, Rnk 810 / 1225

Overview: In 2018, Carboxyimide Compounds were the world's 810th most traded product, with a total trade of $1.52B. Between 2017 and 2018 the exports of Carboxyimide Compounds grew by 7.19%, from  $1.41B to $1.52B. Trade in Carboxyimide Compounds represent 0.0082% of total world trade.

Exports: In 2018 the top exporters of Carboxyimide Compounds  were China ($386M), Germany ($181M), France ($153M), India ($149M), and Japan ($116M).

Imports: In 2018 the top importers of Carboxyimide Compounds were United States ($228M), Germany ($117M), Brazil ($79.4M), China ($74M), and Mexico ($60.1M).

Tariffs: In 2018 the average tariff for Carboxyimide Compounds was 3.86%, been the 1028 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Carboxyimide Compounds are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.5%), and Romania (10.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Carboxyimide Compounds ranks 42nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $386M

Top Destination (2018): United States, $228M

Carboxyimide Compounds are the world's 810th most traded product.

In 2018, the top exporters of Carboxyimide Compounds were China ($386M), Germany ($181M), France ($153M), India ($149M), and Japan ($116M).

In 2018, the top importers of Carboxyimide Compounds were United States ($228M), Germany ($117M), Brazil ($79.4M), China ($74M), and Mexico ($60.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $52.6M

Top Destination Growth (2017 - 2018): United States, $47.1M

Between 2017 and 2018, the exports of Carboxyimide Compounds grew the fastest in Germany ($52.6M), United Kingdom ($25.3M), China ($17.6M), Switzerland ($17.5M), and France ($12.8M).

Between 2017 and 2018, the fastest growing importers of Carboxyimide Compounds were United States ($47.1M), India ($21.4M), Poland ($13.5M), France ($11.7M), and Denmark ($10.4M).

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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 Carboxyimide Compounds.

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

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TOP NET EXPORTER (2018): China, $312M

TOP NET IMPORTER (2018): United States, $154M

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

In 2018, the countries that had a largest trade value in exports than in imports of Carboxyimide Compounds were China ($312M), France ($109M), India ($98.3M), Germany ($63.8M), and Japan ($58.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Carboxyimide Compounds were United States ($154M), Brazil ($61.7M), Mexico ($58.3M), Singapore ($36.7M), and Poland ($34.2M).

Trade Forecasts

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This section shows forecasts for total trade for Carboxyimide 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 Carboxyimide Compounds was 3.86%.  The countries with the highest tariffs for importing Carboxyimide Compounds were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.5%), and Romania (10.7%).

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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.