HS Icon Ink

3215 (Harmonized System 1992 for 4-digit)

World Trade (2018): $13.6B, Rnk 266 / 1225

Top Exporter (2018): $2.92B, Germany

Top Importer (2018): $1.83B, Germany

Product Complexity (2018): 0.52, Rnk 362 / 1018

Export Growth (CAGR)(2017 - 2018): 15.3%, Rnk 504 / 1225

Mean Tariff (2018): 5.63%, Rnk 737 / 1259

Share of World Trade (2018): 0.074%, Rnk 266 / 1225

Overview:  This page contains the latest trade data of Ink. In 2018, Ink were the world's 266th most traded product, with a total trade of $13.6B. Between 2017 and 2018 the exports of Ink grew by 15.3%, from  $11.8B to $13.6B. Trade in Ink represent 0.074% of total world trade.

Exports: In 2018 the top exporters of Ink  were Germany ($2.92B), Netherlands ($1.5B), Japan ($1.05B), United Kingdom ($938M), and United States ($918M).

Imports: In 2018 the top importers of Ink were Germany ($1.83B), France ($1.14B), Netherlands ($1.13B), United Kingdom ($821M), and United States ($549M).

Tariffs: In 2018 the average tariff for Ink was 5.63%, been the 737 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Ink are Pakistan (17.1%), Trinidad and Tobago (16.6%), Jamaica (16.3%), Bangladesh (15.7%), and Morocco (14.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Ink ranks 362nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $2.92B

Top Destination (2018): Germany, $1.83B

Ink are the world's 266th most traded product.

In 2018, the top exporters of Ink were Germany ($2.92B), Netherlands ($1.5B), Japan ($1.05B), United Kingdom ($938M), and United States ($918M).

In 2018, the top importers of Ink were Germany ($1.83B), France ($1.14B), Netherlands ($1.13B), United Kingdom ($821M), and United States ($549M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $770M

Top Destination Growth (2017 - 2018): United States, $471M

Between 2017 and 2018, the exports of Ink grew the fastest in Germany ($770M), Netherlands ($408M), United Kingdom ($305M), Singapore ($222M), and Israel ($181M).

Between 2017 and 2018, the fastest growing importers of Ink were United States ($471M), Netherlands ($350M), Germany ($289M), Denmark ($100M), and Czechia ($96.1M).

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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 Ink.

In 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Ink are explained by 19 countries.

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TOP NET EXPORTER (2018): Germany, $1.1B

TOP NET IMPORTER (2018): France, $541M

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

In 2018, the countries that had a largest trade value in exports than in imports of Ink were Germany ($1.1B), Japan ($945M), Singapore ($536M), Switzerland ($528M), and Netherlands ($372M).

In 2018, the countries that had a largest trade value in imports than in exports of Ink were France ($541M), Russia ($275M), Poland ($211M), Czechia ($199M), and Italy ($195M).

Trade Forecasts

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This section shows forecasts for total trade for Ink. 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 Ink was 5.63%.  The countries with the highest tariffs for importing Ink were Pakistan (17.1%), Trinidad and Tobago (16.6%), Jamaica (16.3%), Bangladesh (15.7%), and Morocco (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.