HS Icon Fireworks

360410 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.04B, Rnk 1975 / 4726

Top Exporter (2018): $884M, China

Top Importer (2018): $354M, United States

Export Growth (CAGR)(2017 - 2018): 15.9%, Rnk 1795 / 4726

Mean Tariff (2018): 14.4%, Rnk 1302 / 6538

Share of World Trade (2018): 0.0056%, Rnk 1975 / 4726

Overview:  This page contains the latest trade data of Fireworks. In 2018, Fireworks were the world's 1975th most traded product, with a total trade of $1.04B. Between 2017 and 2018 the exports of Fireworks grew by 15.9%, from  $895M to $1.04B. Trade in Fireworks represent 0.0056% of total world trade.

Exports: In 2018 the top exporters of Fireworks  were China ($884M), Netherlands ($24.7M), Germany ($19.5M), Poland ($14.4M), and United States ($13M).

Imports: In 2018 the top importers of Fireworks were United States ($354M), Germany ($136M), Poland ($44.6M), Netherlands ($43.4M), and United Kingdom ($35.7M).

Tariffs: In 2018 the average tariff for Fireworks was 14.4%, been the 1302 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fireworks are Aruba (57%), Malaysia (50%), Syria (46%), Egypt (44.7%), and Bahamas (40.2%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Singapore (0%), and Taiwan (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $884M

Top Destination (2018): United States, $354M

Fireworks are the world's 1975th most traded product.

In 2018, the top exporters of Fireworks were China ($884M), Netherlands ($24.7M), Germany ($19.5M), Poland ($14.4M), and United States ($13M).

In 2018, the top importers of Fireworks were United States ($354M), Germany ($136M), Poland ($44.6M), Netherlands ($43.4M), and United Kingdom ($35.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $99.3M

Top Destination Growth (2017 - 2018): Germany, $18M

Between 2017 and 2018, the exports of Fireworks grew the fastest in China ($99.3M), Netherlands ($10.8M), Poland ($7.55M), Brazil ($7.53M), and Germany ($5.06M).

Between 2017 and 2018, the fastest growing importers of Fireworks were Germany ($18M), Poland ($16.2M), United States ($14.8M), Netherlands ($10.2M), and Indonesia ($8.11M).

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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 Fireworks.

In 2018,  market concentration measured using Shannon Entropy, was 1.23. This means that most of the exports of Fireworks are explained by 2 countries.

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TOP NET EXPORTER (2018): China, $881M

TOP NET IMPORTER (2018): United States, $341M

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

In 2018, the countries that had a largest trade value in exports than in imports of Fireworks were China ($881M), Hong Kong ($8.81M), Brazil ($6.2M), Israel ($3.11M), and Vietnam ($699k).

In 2018, the countries that had a largest trade value in imports than in exports of Fireworks were United States ($341M), Germany ($117M), United Kingdom ($32.8M), Russia ($31.4M), and Indonesia ($30.2M).

Trade Forecasts

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This section shows forecasts for total trade for Fireworks. 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 Fireworks was 14.4%.  The countries with the highest tariffs for importing Fireworks were Aruba (57%), Malaysia (50%), Syria (46%), Egypt (44.7%), and Bahamas (40.2%).

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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.