HS Icon Antibiotics nes, in dosage

300420 (Harmonized System 1992 for 6-digit)

World Trade (2018): $15.6B, Rnk 179 / 4726

Top Exporter (2018): $1.7B, Switzerland

Top Importer (2018): $2.14B, United States

Product Complexity (2018): -0.15, Rnk 2853 / 4873

Export Growth (CAGR)(2017 - 2018): 9.54%, Rnk 2749 / 4726

Mean Tariff (2018): 5.35%, Rnk 3920 / 6538

Share of World Trade (2018): 0.085%, Rnk 179 / 4726

Overview:  This page contains the latest trade data of Antibiotics nes, in dosage. In 2018, Antibiotics nes, in dosage were the world's 179th most traded product, with a total trade of $15.6B. Between 2017 and 2018 the exports of Antibiotics nes, in dosage grew by 9.54%, from  $14.2B to $15.6B. Trade in Antibiotics nes, in dosage represent 0.085% of total world trade.

Exports: In 2018 the top exporters of Antibiotics nes, in dosage  were Switzerland ($1.7B), Italy ($1.4B), Germany ($1.33B), Belgium-Luxembourg ($1.23B), and France ($1.1B).

Imports: In 2018 the top importers of Antibiotics nes, in dosage were United States ($2.14B), Switzerland ($1.57B), Belgium-Luxembourg ($1.05B), China ($993M), and United Kingdom ($632M).

Tariffs: In 2018 the average tariff for Antibiotics nes, in dosage was 5.35%, been the 3920 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Antibiotics nes, in dosage are Iran (39.8%), Nepal (15%), Jamaica (12%), Pakistan (10.8%), and Barbados (10.1%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Ghana (0%), Guinea (0%), and Kenya (0%).

Ranking: Antibiotics nes, in dosage ranks 2853rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Switzerland, $1.7B

Top Destination (2018): United States, $2.14B

Antibiotics nes, in dosage are the world's 179th most traded product.

In 2018, the top exporters of Antibiotics nes, in dosage were Switzerland ($1.7B), Italy ($1.4B), Germany ($1.33B), Belgium-Luxembourg ($1.23B), and France ($1.1B).

In 2018, the top importers of Antibiotics nes, in dosage were United States ($2.14B), Switzerland ($1.57B), Belgium-Luxembourg ($1.05B), China ($993M), and United Kingdom ($632M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Canada, $670M

Top Destination Growth (2017 - 2018): United States, $591M

Between 2017 and 2018, the exports of Antibiotics nes, in dosage grew the fastest in Canada ($670M), Switzerland ($454M), United Kingdom ($200M), Belgium-Luxembourg ($177M), and Slovenia ($171M).

Between 2017 and 2018, the fastest growing importers of Antibiotics nes, in dosage were United States ($591M), Slovenia ($187M), Denmark ($145M), Australia ($115M), and Netherlands ($111M).

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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 Antibiotics nes, in dosage.

In 2018,  market concentration measured using Shannon Entropy, was 4.69. This means that most of the exports of Antibiotics nes, in dosage are explained by 25 countries.

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TOP NET EXPORTER (2018): Italy, $1.01B

TOP NET IMPORTER (2018): United States, $1.19B

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

In 2018, the countries that had a largest trade value in exports than in imports of Antibiotics nes, in dosage were Italy ($1.01B), India ($985M), Germany ($739M), Canada ($636M), and France ($572M).

In 2018, the countries that had a largest trade value in imports than in exports of Antibiotics nes, in dosage were United States ($1.19B), China ($633M), Russia ($359M), Vietnam ($201M), and Poland ($141M).

Trade Forecasts

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This section shows forecasts for total trade for Antibiotics nes, in dosage. 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 Antibiotics nes, in dosage was 5.35%.  The countries with the highest tariffs for importing Antibiotics nes, in dosage were Iran (39.8%), Nepal (15%), Jamaica (12%), Pakistan (10.8%), and Barbados (10.1%).

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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.