HS Icon Fertilizers, mixes, nes

310590 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.87B, Rnk 1397 / 4726

Top Exporter (2018): $386M, Israel

Top Importer (2018): $250M, China

Product Complexity (2018): -1.39, Rnk 4383 / 4873

Export Growth (CAGR)(2017 - 2018): 31.5%, Rnk 741 / 4726

Mean Tariff (2018): 3.5%, Rnk 5404 / 6538

Share of World Trade (2018): 0.01%, Rnk 1397 / 4726

Overview:  This page contains the latest trade data of Fertilizers, mixes, nes. In 2018, Fertilizers, mixes, nes were the world's 1397th most traded product, with a total trade of $1.87B. Between 2017 and 2018 the exports of Fertilizers, mixes, nes grew by 31.5%, from  $1.42B to $1.87B. Trade in Fertilizers, mixes, nes represent 0.01% of total world trade.

Exports: In 2018 the top exporters of Fertilizers, mixes, nes  were Israel ($386M), Spain ($240M), Chile ($199M), United States ($156M), and China ($100M).

Imports: In 2018 the top importers of Fertilizers, mixes, nes were China ($250M), Mexico ($182M), United States ($104M), Brazil ($90.7M), and Vietnam ($66.1M).

Tariffs: In 2018 the average tariff for Fertilizers, mixes, nes was 3.5%, been the 5404 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fertilizers, mixes, nes are Algeria (12.5%), Uzbekistan (9.58%), Iran (9.5%), Romania (8.58%), and Bulgaria (7.09%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Ethiopia (0%), Kenya (0%), and Madagascar (0%).

Ranking: Fertilizers, mixes, nes ranks 4383rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Israel, $386M

Top Destination (2018): China, $250M

Fertilizers, mixes, nes are the world's 1397th most traded product.

In 2018, the top exporters of Fertilizers, mixes, nes were Israel ($386M), Spain ($240M), Chile ($199M), United States ($156M), and China ($100M).

In 2018, the top importers of Fertilizers, mixes, nes were China ($250M), Mexico ($182M), United States ($104M), Brazil ($90.7M), and Vietnam ($66.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Israel, $255M

Top Destination Growth (2017 - 2018): China, $215M

Between 2017 and 2018, the exports of Fertilizers, mixes, nes grew the fastest in Israel ($255M), Spain ($59.6M), Chile ($52.9M), United States ($25.8M), and Norway ($23.1M).

Between 2017 and 2018, the fastest growing importers of Fertilizers, mixes, nes were China ($215M), Netherlands ($26.7M), Vietnam ($24.7M), Costa Rica ($20.7M), and United States ($18.8M).

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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 Fertilizers, mixes, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.45. This means that most of the exports of Fertilizers, mixes, nes are explained by 21 countries.

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TOP NET EXPORTER (2018): Israel, $382M

TOP NET IMPORTER (2018): Mexico, $163M

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

In 2018, the countries that had a largest trade value in exports than in imports of Fertilizers, mixes, nes were Israel ($382M), Spain ($210M), Chile ($164M), United States ($52.1M), and United Kingdom ($48M).

In 2018, the countries that had a largest trade value in imports than in exports of Fertilizers, mixes, nes were Mexico ($163M), China ($150M), Brazil ($79M), Vietnam ($55.7M), and Burma ($42.8M).

Trade Forecasts

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This section shows forecasts for total trade for Fertilizers, mixes, nes. 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 Fertilizers, mixes, nes was 3.5%.  The countries with the highest tariffs for importing Fertilizers, mixes, nes were Algeria (12.5%), Uzbekistan (9.58%), Iran (9.5%), Romania (8.58%), and Bulgaria (7.09%).

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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.