HS Icon Glands and Other Organs

3001 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.26B, Rnk 551 / 1225

Top Exporter (2018): $1.26B, China

Top Importer (2018): $970M, France

Product Complexity (2018): 0.48, Rnk 381 / 1018

Export Growth (CAGR)(2017 - 2018): 70.5%, Rnk 33 / 1225

Mean Tariff (2018): 1.21%, Rnk 1255 / 1259

Share of World Trade (2018): 0.023%, Rnk 551 / 1225

Overview:  This page contains the latest trade data of Glands and Other Organs. In 2018, Glands and Other Organs were the world's 551st most traded product, with a total trade of $4.26B. Between 2017 and 2018 the exports of Glands and Other Organs grew by 70.5%, from  $2.5B to $4.26B. Trade in Glands and Other Organs represent 0.023% of total world trade.

Exports: In 2018 the top exporters of Glands and Other Organs  were China ($1.26B), Singapore ($623M), United States ($570M), France ($479M), and Germany ($160M).

Imports: In 2018 the top importers of Glands and Other Organs were France ($970M), Singapore ($425M), United States ($411M), Germany ($245M), and Hong Kong ($213M).

Tariffs: In 2018 the average tariff for Glands and Other Organs was 1.21%, been the 1255 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Glands and Other Organs are Nepal (9.89%), India (8.18%), Morocco (7.86%), Hungary (6%), and Aruba (6%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Ethiopia (0%), Ghana (0%), and Guinea (0%).

Ranking: Glands and Other Organs ranks 381st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.26B

Top Destination (2018): France, $970M

Glands and Other Organs are the world's 551st most traded product.

In 2018, the top exporters of Glands and Other Organs were China ($1.26B), Singapore ($623M), United States ($570M), France ($479M), and Germany ($160M).

In 2018, the top importers of Glands and Other Organs were France ($970M), Singapore ($425M), United States ($411M), Germany ($245M), and Hong Kong ($213M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Singapore, $623M

Top Destination Growth (2017 - 2018): France, $518M

Between 2017 and 2018, the exports of Glands and Other Organs grew the fastest in Singapore ($623M), China ($442M), France ($424M), Sweden ($141M), and United States ($123M).

Between 2017 and 2018, the fastest growing importers of Glands and Other Organs were France ($518M), Singapore ($425M), Hungary ($190M), Hong Kong ($160M), and Belgium-Luxembourg ($105M).

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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 Glands and Other Organs.

In 2018,  market concentration measured using Shannon Entropy, was 3.53. This means that most of the exports of Glands and Other Organs are explained by 11 countries.

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TOP NET EXPORTER (2018): China, $1.2B

TOP NET IMPORTER (2018): France, $491M

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

In 2018, the countries that had a largest trade value in exports than in imports of Glands and Other Organs were China ($1.2B), Singapore ($198M), United States ($160M), Ireland ($104M), and Netherlands ($57.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Glands and Other Organs were France ($491M), Hong Kong ($211M), Hungary ($186M), Belgium-Luxembourg ($111M), and Germany ($85.1M).

Trade Forecasts

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This section shows forecasts for total trade for Glands and Other Organs. 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 Glands and Other Organs was 1.21%.  The countries with the highest tariffs for importing Glands and Other Organs were Nepal (9.89%), India (8.18%), Morocco (7.86%), Hungary (6%), and Aruba (6%).

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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.