HS Icon Shaving Products

3307 (Harmonized System 1992 for 4-digit)

World Trade (2018): $12.5B, Rnk 279 / 1225

Top Exporter (2018): $1.32B, China

Top Importer (2018): $1.01B, United States

Product Complexity (2018): 0.1, Rnk 505 / 1018

Export Growth (CAGR)(2017 - 2018): 14.6%, Rnk 540 / 1225

Mean Tariff (2018): 15.3%, Rnk 185 / 1259

Share of World Trade (2018): 0.068%, Rnk 279 / 1225

Overview: In 2018, Shaving Products were the world's 279th most traded product, with a total trade of $12.5B. Between 2017 and 2018 the exports of Shaving Products grew by 14.6%, from  $11B to $12.5B. Trade in Shaving Products represent 0.068% of total world trade.

Exports: In 2018 the top exporters of Shaving Products  were China ($1.32B), United Kingdom ($1.03B), Germany ($1B), United States ($911M), and France ($795M).

Imports: In 2018 the top importers of Shaving Products were United States ($1.01B), Germany ($806M), United Kingdom ($664M), Netherlands ($603M), and Belgium-Luxembourg ($499M).

Tariffs: In 2018 the average tariff for Shaving Products was 15.3%, been the 185 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Shaving Products are Syria (67%), Iran (42.3%), Cambodia (35%), Sudan (35%), and Ethiopia (34.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Shaving Products ranks 505th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $1.32B

Top Destination (2018): United States, $1.01B

Shaving Products are the world's 279th most traded product.

In 2018, the top exporters of Shaving Products were China ($1.32B), United Kingdom ($1.03B), Germany ($1B), United States ($911M), and France ($795M).

In 2018, the top importers of Shaving Products were United States ($1.01B), Germany ($806M), United Kingdom ($664M), Netherlands ($603M), and Belgium-Luxembourg ($499M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): United Arab Emirates, $248M

Top Destination Growth (2017 - 2018): United States, $247M

Between 2017 and 2018, the exports of Shaving Products grew the fastest in United Arab Emirates ($248M), China ($219M), South Korea ($120M), United Kingdom ($93.3M), and Japan ($85.8M).

Between 2017 and 2018, the fastest growing importers of Shaving Products were United States ($247M), Netherlands ($115M), Saudi Arabia ($106M), France ($95.9M), and Germany ($87.5M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Shaving Products.

In 2018,  market concentration measured using Shannon Entropy, was 4.95. This means that most of the exports of Shaving Products are explained by 30 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $978M

TOP NET IMPORTER (2018): Hong Kong, $215M

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

In 2018, the countries that had a largest trade value in exports than in imports of Shaving Products were China ($978M), Italy ($385M), United Kingdom ($368M), France ($305M), and Germany ($197M).

In 2018, the countries that had a largest trade value in imports than in exports of Shaving Products were Hong Kong ($215M), Japan ($170M), Russia ($169M), Saudi Arabia ($160M), and Chile ($108M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Shaving Products. 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 Shaving Products was 15.3%.  The countries with the highest tariffs for importing Shaving Products were Syria (67%), Iran (42.3%), Cambodia (35%), Sudan (35%), and Ethiopia (34.7%).

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.