HS Icon Photographic Chemicals

3707 (Harmonized System 1992 for 4-digit)

World Trade (2018): $7.06B, Rnk 422 / 1225

Top Exporter (2018): $3.28B, Japan

Top Importer (2018): $1.29B, China

Product Complexity (2018): 2.37, Rnk 3 / 1018

Export Growth (CAGR)(2017 - 2018): 3.49%, Rnk 1008 / 1225

Mean Tariff (2018): 6.83%, Rnk 625 / 1259

Share of World Trade (2018): 0.038%, Rnk 422 / 1225

Overview:  This page contains the latest trade data of Photographic Chemicals. In 2018, Photographic Chemicals were the world's 422nd most traded product, with a total trade of $7.06B. Between 2017 and 2018 the exports of Photographic Chemicals grew by 3.49%, from  $6.82B to $7.06B. Trade in Photographic Chemicals represent 0.038% of total world trade.

Exports: In 2018 the top exporters of Photographic Chemicals  were Japan ($3.28B), South Korea ($604M), Netherlands ($592M), United States ($556M), and Germany ($388M).

Imports: In 2018 the top importers of Photographic Chemicals were China ($1.29B), Chinese Taipei ($780M), United States ($717M), Germany ($498M), and United Kingdom ($459M).

Tariffs: In 2018 the average tariff for Photographic Chemicals was 6.83%, been the 625 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Photographic Chemicals are Bahamas (40.2%), Bermuda (25%), Malawi (22.7%), Zambia (22.7%), and Sudan (21.9%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking: Photographic Chemicals ranks 3rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $3.28B

Top Destination (2018): China, $1.29B

Photographic Chemicals are the world's 422nd most traded product.

In 2018, the top exporters of Photographic Chemicals were Japan ($3.28B), South Korea ($604M), Netherlands ($592M), United States ($556M), and Germany ($388M).

In 2018, the top importers of Photographic Chemicals were China ($1.29B), Chinese Taipei ($780M), United States ($717M), Germany ($498M), and United Kingdom ($459M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $188M

Top Destination Growth (2017 - 2018): China, $178M

Between 2017 and 2018, the exports of Photographic Chemicals grew the fastest in Netherlands ($188M), South Korea ($139M), United Arab Emirates ($52.4M), Germany ($50.3M), and France ($23.9M).

Between 2017 and 2018, the fastest growing importers of Photographic Chemicals were China ($178M), South Korea ($68.2M), Belgium-Luxembourg ($34.7M), Hong Kong ($29.8M), and Chinese Taipei ($27.7M).

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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 Photographic Chemicals.

In 2018,  market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Photographic Chemicals are explained by 8 countries.

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TOP NET EXPORTER (2018): Japan, $3.2B

TOP NET IMPORTER (2018): China, $953M

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

In 2018, the countries that had a largest trade value in exports than in imports of Photographic Chemicals were Japan ($3.2B), Netherlands ($377M), South Korea ($149M), Belgium-Luxembourg ($32.2M), and United Arab Emirates ($29.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Photographic Chemicals were China ($953M), Chinese Taipei ($558M), United Kingdom ($344M), United States ($162M), and Hong Kong ($157M).

Trade Forecasts

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This section shows forecasts for total trade for Photographic Chemicals. 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 Photographic Chemicals was 6.83%.  The countries with the highest tariffs for importing Photographic Chemicals were Bahamas (40.2%), Bermuda (25%), Malawi (22.7%), Zambia (22.7%), and Sudan (21.9%).

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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.