HS Icon Acrylonitrile

292610 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.41B, Rnk 898 / 4726

Top Exporter (2018): $929M, United States

Top Importer (2018): $606M, China

Product Complexity (2018): 1.02, Rnk 752 / 4873

Export Growth (CAGR)(2017 - 2018): 44.3%, Rnk 424 / 4726

Mean Tariff (2018): 3.93%, Rnk 5042 / 6538

Share of World Trade (2018): 0.019%, Rnk 898 / 4726

Overview:  This page contains the latest trade data of Acrylonitrile. In 2018, Acrylonitrile were the world's 898th most traded product, with a total trade of $3.41B. Between 2017 and 2018 the exports of Acrylonitrile grew by 44.3%, from  $2.36B to $3.41B. Trade in Acrylonitrile represent 0.019% of total world trade.

Exports: In 2018 the top exporters of Acrylonitrile  were United States ($929M), South Korea ($437M), Chinese Taipei ($406M), Netherlands ($404M), and United Kingdom ($299M).

Imports: In 2018 the top importers of Acrylonitrile were China ($606M), South Korea ($427M), Turkey ($376M), India ($328M), and Chinese Taipei ($199M).

Tariffs: In 2018 the average tariff for Acrylonitrile was 3.93%, been the 5042 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Acrylonitrile are Bahamas (40.2%), Bermuda (25%), Romania (17.3%), Maldives (14.7%), and Algeria (13.3%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Acrylonitrile ranks 752nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $929M

Top Destination (2018): China, $606M

Acrylonitrile are the world's 898th most traded product.

In 2018, the top exporters of Acrylonitrile were United States ($929M), South Korea ($437M), Chinese Taipei ($406M), Netherlands ($404M), and United Kingdom ($299M).

In 2018, the top importers of Acrylonitrile were China ($606M), South Korea ($427M), Turkey ($376M), India ($328M), and Chinese Taipei ($199M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $490M

Top Destination Growth (2017 - 2018): China, $238M

Between 2017 and 2018, the exports of Acrylonitrile grew the fastest in United States ($490M), Chinese Taipei ($208M), Netherlands ($107M), United Kingdom ($50M), and Japan ($37.2M).

Between 2017 and 2018, the fastest growing importers of Acrylonitrile were China ($238M), South Korea ($190M), India ($134M), Turkey ($83.5M), and Chinese Taipei ($80.2M).

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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 Acrylonitrile.

In 2018,  market concentration measured using Shannon Entropy, was 3.26. This means that most of the exports of Acrylonitrile are explained by 9 countries.

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TOP NET EXPORTER (2018): United States, $928M

TOP NET IMPORTER (2018): China, $590M

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

In 2018, the countries that had a largest trade value in exports than in imports of Acrylonitrile were United States ($928M), Netherlands ($296M), United Kingdom ($248M), Russia ($228M), and Chinese Taipei ($208M).

In 2018, the countries that had a largest trade value in imports than in exports of Acrylonitrile were China ($590M), Turkey ($346M), India ($324M), France ($178M), and Malaysia ($176M).

Trade Forecasts

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This section shows forecasts for total trade for Acrylonitrile. 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 Acrylonitrile was 3.93%.  The countries with the highest tariffs for importing Acrylonitrile were Bahamas (40.2%), Bermuda (25%), Romania (17.3%), 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.