HS Icon Prepared Rubber Accelerators

3812 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.9B, Rnk 508 / 1225

Top Exporter (2018): $870M, China

Top Importer (2018): $372M, United States

Product Complexity (2018): 1.2, Rnk 98 / 1018

Export Growth (CAGR)(2017 - 2018): 10.5%, Rnk 746 / 1225

Mean Tariff (2018): 4.2%, Rnk 956 / 1259

Share of World Trade (2018): 0.027%, Rnk 508 / 1225

Overview:  This page contains the latest trade data of Prepared Rubber Accelerators. In 2018, Prepared Rubber Accelerators were the world's 508th most traded product, with a total trade of $4.9B. Between 2017 and 2018 the exports of Prepared Rubber Accelerators grew by 10.5%, from  $4.44B to $4.9B. Trade in Prepared Rubber Accelerators represent 0.027% of total world trade.

Exports: In 2018 the top exporters of Prepared Rubber Accelerators  were China ($870M), Germany ($771M), United States ($503M), Italy ($359M), and Chinese Taipei ($254M).

Imports: In 2018 the top importers of Prepared Rubber Accelerators were United States ($372M), China ($338M), Germany ($317M), India ($216M), and Thailand ($211M).

Tariffs: In 2018 the average tariff for Prepared Rubber Accelerators was 4.2%, been the 956 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Prepared Rubber Accelerators are Bahamas (40.2%), Bermuda (25%), Zambia (13.6%), Algeria (12.2%), and Paraguay (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Prepared Rubber Accelerators ranks 98th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $870M

Top Destination (2018): United States, $372M

Prepared Rubber Accelerators are the world's 508th most traded product.

In 2018, the top exporters of Prepared Rubber Accelerators were China ($870M), Germany ($771M), United States ($503M), Italy ($359M), and Chinese Taipei ($254M).

In 2018, the top importers of Prepared Rubber Accelerators were United States ($372M), China ($338M), Germany ($317M), India ($216M), and Thailand ($211M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $206M

Top Destination Growth (2017 - 2018): Saudi Arabia, $70M

Between 2017 and 2018, the exports of Prepared Rubber Accelerators grew the fastest in China ($206M), Chinese Taipei ($50.8M), United States ($38.9M), Bahrain ($37.7M), and United Arab Emirates ($24M).

Between 2017 and 2018, the fastest growing importers of Prepared Rubber Accelerators were Saudi Arabia ($70M), Vietnam ($62M), Thailand ($57.2M), Netherlands ($40.2M), and United States ($38.6M).

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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 Prepared Rubber Accelerators.

In 2018,  market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Prepared Rubber Accelerators are explained by 19 countries.

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TOP NET EXPORTER (2018): China, $532M

TOP NET IMPORTER (2018): Thailand, $173M

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

In 2018, the countries that had a largest trade value in exports than in imports of Prepared Rubber Accelerators were China ($532M), Germany ($454M), Italy ($207M), Chinese Taipei ($166M), and United States ($131M).

In 2018, the countries that had a largest trade value in imports than in exports of Prepared Rubber Accelerators were Thailand ($173M), Vietnam ($139M), Indonesia ($128M), India ($126M), and Russia ($113M).

Trade Forecasts

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This section shows forecasts for total trade for Prepared Rubber Accelerators. 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 Prepared Rubber Accelerators was 4.2%.  The countries with the highest tariffs for importing Prepared Rubber Accelerators were Bahamas (40.2%), Bermuda (25%), Zambia (13.6%), Algeria (12.2%), and Paraguay (12%).

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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.