HS Icon Inorganic tanning and pre-tanning preparations

320290 (Harmonized System 1992 for 6-digit)

World Trade (2018): $322M, Rnk 3228 / 4726

Top Exporter (2018): $58.8M, Italy

Top Importer (2018): $28.3M, China

Product Complexity (2018): -0.4, Rnk 3258 / 4873

Export Growth (CAGR)(2017 - 2018): 1.88%, Rnk 3663 / 4726

Mean Tariff (2018): 5.15%, Rnk 4034 / 6538

Share of World Trade (2018): 0.0018%, Rnk 3228 / 4726

Overview:  This page contains the latest trade data of Inorganic tanning and pre-tanning preparations. In 2018, Inorganic tanning and pre-tanning preparations were the world's 3228th most traded product, with a total trade of $322M. Between 2017 and 2018 the exports of Inorganic tanning and pre-tanning preparations grew by 1.88%, from  $316M to $322M. Trade in Inorganic tanning and pre-tanning preparations represent 0.0018% of total world trade.

Exports: In 2018 the top exporters of Inorganic tanning and pre-tanning preparations  were Italy ($58.8M), Germany ($50.9M), South Africa ($35.7M), India ($31.1M), and France ($24.7M).

Imports: In 2018 the top importers of Inorganic tanning and pre-tanning preparations were China ($28.3M), Brazil ($23.3M), Italy ($22M), India ($15.3M), and South Korea ($14.3M).

Tariffs: In 2018 the average tariff for Inorganic tanning and pre-tanning preparations was 5.15%, been the 4034 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Inorganic tanning and pre-tanning preparations are Bahamas (40.2%), Bermuda (25%), Iran (20%), Pakistan (15.4%), and Azerbaijan (14.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Inorganic tanning and pre-tanning preparations ranks 3258th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $58.8M

Top Destination (2018): China, $28.3M

Inorganic tanning and pre-tanning preparations are the world's 3228th most traded product.

In 2018, the top exporters of Inorganic tanning and pre-tanning preparations were Italy ($58.8M), Germany ($50.9M), South Africa ($35.7M), India ($31.1M), and France ($24.7M).

In 2018, the top importers of Inorganic tanning and pre-tanning preparations were China ($28.3M), Brazil ($23.3M), Italy ($22M), India ($15.3M), and South Korea ($14.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): India, $10.3M

Top Destination Growth (2017 - 2018): Mexico, $6.07M

Between 2017 and 2018, the exports of Inorganic tanning and pre-tanning preparations grew the fastest in India ($10.3M), France ($4.3M), China ($2.8M), Italy ($2.7M), and United Kingdom ($2.55M).

Between 2017 and 2018, the fastest growing importers of Inorganic tanning and pre-tanning preparations were Mexico ($6.07M), Brazil ($3.81M), Turkey ($3.14M), Argentina ($2.9M), and Ireland ($2.6M).

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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 Inorganic tanning and pre-tanning preparations.

In 2018,  market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Inorganic tanning and pre-tanning preparations are explained by 15 countries.

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TOP NET EXPORTER (2018): Germany, $46.4M

TOP NET IMPORTER (2018): Brazil, $19.2M

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

In 2018, the countries that had a largest trade value in exports than in imports of Inorganic tanning and pre-tanning preparations were Germany ($46.4M), Italy ($36.8M), South Africa ($32.4M), France ($21.7M), and India ($15.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Inorganic tanning and pre-tanning preparations were Brazil ($19.2M), South Korea ($13.2M), Mexico ($12M), China ($11.8M), and Thailand ($10.8M).

Trade Forecasts

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This section shows forecasts for total trade for Inorganic tanning and pre-tanning preparations. 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 Inorganic tanning and pre-tanning preparations was 5.15%.  The countries with the highest tariffs for importing Inorganic tanning and pre-tanning preparations were Bahamas (40.2%), Bermuda (25%), Iran (20%), Pakistan (15.4%), and Azerbaijan (14.4%).

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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.