HS Icon Reaction and Catalytic Products

3815 (Harmonized System 1992 for 4-digit)

World Trade (2018): $20.4B, Rnk 182 / 1225

Top Exporter (2018): $4.98B, United States

Top Importer (2018): $2.91B, Germany

Product Complexity (2018): 0.81, Rnk 234 / 1018

Export Growth (CAGR)(2017 - 2018): 18.5%, Rnk 371 / 1225

Mean Tariff (2018): 3.55%, Rnk 1073 / 1259

Share of World Trade (2018): 0.11%, Rnk 182 / 1225

Overview:  This page contains the latest trade data of Reaction and Catalytic Products. In 2018, Reaction and Catalytic Products were the world's 182nd most traded product, with a total trade of $20.4B. Between 2017 and 2018 the exports of Reaction and Catalytic Products grew by 18.5%, from  $17.2B to $20.4B. Trade in Reaction and Catalytic Products represent 0.11% of total world trade.

Exports: In 2018 the top exporters of Reaction and Catalytic Products  were United States ($4.98B), Germany ($3.94B), North Macedonia ($1.45B), Japan ($1.31B), and France ($1.01B).

Imports: In 2018 the top importers of Reaction and Catalytic Products were Germany ($2.91B), China ($1.48B), United States ($1.25B), Mexico ($1.2B), and South Korea ($925M).

Tariffs: In 2018 the average tariff for Reaction and Catalytic Products was 3.55%, been the 1073 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Reaction and Catalytic Products are Bahamas (40.2%), Bermuda (25%), Zambia (13.6%), Algeria (13.3%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Lebanon (0%).

Ranking: Reaction and Catalytic Products ranks 234th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): United States, $4.98B

Top Destination (2018): Germany, $2.91B

Reaction and Catalytic Products are the world's 182nd most traded product.

In 2018, the top exporters of Reaction and Catalytic Products were United States ($4.98B), Germany ($3.94B), North Macedonia ($1.45B), Japan ($1.31B), and France ($1.01B).

In 2018, the top importers of Reaction and Catalytic Products were Germany ($2.91B), China ($1.48B), United States ($1.25B), Mexico ($1.2B), and South Korea ($925M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $666M

Top Destination Growth (2017 - 2018): Germany, $582M

Between 2017 and 2018, the exports of Reaction and Catalytic Products grew the fastest in Germany ($666M), Poland ($355M), France ($328M), Denmark ($198M), and Netherlands ($189M).

Between 2017 and 2018, the fastest growing importers of Reaction and Catalytic Products were Germany ($582M), Mexico ($262M), Czechia ($235M), Spain ($209M), and Netherlands ($202M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Reaction and Catalytic Products.

In 2018,  market concentration measured using Shannon Entropy, was 3.89. This means that most of the exports of Reaction and Catalytic Products are explained by 14 countries.

Explore Visualizations

TOP NET EXPORTER (2018): United States, $3.72B

TOP NET IMPORTER (2018): Mexico, $1.15B

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

In 2018, the countries that had a largest trade value in exports than in imports of Reaction and Catalytic Products were United States ($3.72B), North Macedonia ($1.41B), Germany ($1.04B), Japan ($846M), and France ($559M).

In 2018, the countries that had a largest trade value in imports than in exports of Reaction and Catalytic Products were Mexico ($1.15B), China ($867M), Czechia ($737M), South Korea ($717M), and Portugal ($548M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Reaction and Catalytic 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 Reaction and Catalytic Products was 3.55%.  The countries with the highest tariffs for importing Reaction and Catalytic Products were Bahamas (40.2%), Bermuda (25%), Zambia (13.6%), Algeria (13.3%), and Aruba (12%).

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.