HS Icon Perfumes

3303 (Harmonized System 1992 for 4-digit)

World Trade (2018): $18.5B, Rnk 200 / 1225

Top Exporter (2018): $5.56B, France

Top Importer (2018): $1.78B, Germany

Product Complexity (2018): 0.11, Rnk 499 / 1018

Export Growth (CAGR)(2017 - 2018): 11.6%, Rnk 694 / 1225

Mean Tariff (2018): 15.8%, Rnk 172 / 1259

Share of World Trade (2018): 0.1%, Rnk 200 / 1225

Overview:  This page contains the latest trade data of Perfumes. In 2018, Perfumes were the world's 200th most traded product, with a total trade of $18.5B. Between 2017 and 2018 the exports of Perfumes grew by 11.6%, from  $16.5B to $18.5B. Trade in Perfumes represent 0.1% of total world trade.

Exports: In 2018 the top exporters of Perfumes  were France ($5.56B), Spain ($2B), Germany ($1.94B), United States ($1.58B), and Italy ($1.31B).

Imports: In 2018 the top importers of Perfumes were Germany ($1.78B), United States ($1.73B), United Kingdom ($1.18B), Netherlands ($938M), and Spain ($837M).

Tariffs: In 2018 the average tariff for Perfumes was 15.8%, been the 172 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Perfumes are Syria (73.5%), Iran (50%), Zimbabwe (36.5%), Cambodia (35%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Turkey (0%).

Ranking: Perfumes ranks 499th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): France, $5.56B

Top Destination (2018): Germany, $1.78B

Perfumes are the world's 200th most traded product.

In 2018, the top exporters of Perfumes were France ($5.56B), Spain ($2B), Germany ($1.94B), United States ($1.58B), and Italy ($1.31B).

In 2018, the top importers of Perfumes were Germany ($1.78B), United States ($1.73B), United Kingdom ($1.18B), Netherlands ($938M), and Spain ($837M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $655M

Top Destination Growth (2017 - 2018): Netherlands, $184M

Between 2017 and 2018, the exports of Perfumes grew the fastest in Germany ($655M), Spain ($492M), United Arab Emirates ($425M), Czechia ($215M), and United States ($181M).

Between 2017 and 2018, the fastest growing importers of Perfumes were Netherlands ($184M), Saudi Arabia ($180M), Canada ($114M), United States ($112M), and Poland ($109M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Perfumes.

In 2018,  market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Perfumes are explained by 14 countries.

Explore Visualizations

TOP NET EXPORTER (2018): France, $5.14B

TOP NET IMPORTER (2018): Russia, $460M

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

In 2018, the countries that had a largest trade value in exports than in imports of Perfumes were France ($5.14B), Spain ($1.17B), Italy ($719M), Germany ($167M), and Poland ($86.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Perfumes were Russia ($460M), United Kingdom ($427M), Netherlands ($376M), Hong Kong ($356M), and Saudi Arabia ($318M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Perfumes. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Perfumes was 15.8%.  The countries with the highest tariffs for importing Perfumes were Syria (73.5%), Iran (50%), Zimbabwe (36.5%), Cambodia (35%), and Sudan (35%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.