HS Icon Antifreeze

3820 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.39B, Rnk 833 / 1225

Top Exporter (2018): $309M, Belgium-Luxembourg

Top Importer (2018): $108M, France

Product Complexity (2018): 0.42, Rnk 404 / 1018

Export Growth (CAGR)(2017 - 2018): 10.9%, Rnk 727 / 1225

Mean Tariff (2018): 6.42%, Rnk 660 / 1259

Share of World Trade (2018): 0.0075%, Rnk 833 / 1225

Overview:  This page contains the latest trade data of Antifreeze. In 2018, Antifreeze were the world's 833rd most traded product, with a total trade of $1.39B. Between 2017 and 2018 the exports of Antifreeze grew by 10.9%, from  $1.25B to $1.39B. Trade in Antifreeze represent 0.0075% of total world trade.

Exports: In 2018 the top exporters of Antifreeze  were Belgium-Luxembourg ($309M), Germany ($292M), United States ($193M), Netherlands ($86.8M), and United Kingdom ($55.5M).

Imports: In 2018 the top importers of Antifreeze were France ($108M), Germany ($98.4M), Canada ($84.7M), Netherlands ($54.2M), and Belgium-Luxembourg ($51.1M).

Tariffs: In 2018 the average tariff for Antifreeze was 6.42%, been the 660 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Antifreeze are Bahamas (37.3%), Cambodia (35%), Bermuda (25%), Pakistan (19.5%), and Madagascar (17.2%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Antifreeze ranks 404th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Belgium-Luxembourg, $309M

Top Destination (2018): France, $108M

Antifreeze are the world's 833rd most traded product.

In 2018, the top exporters of Antifreeze were Belgium-Luxembourg ($309M), Germany ($292M), United States ($193M), Netherlands ($86.8M), and United Kingdom ($55.5M).

In 2018, the top importers of Antifreeze were France ($108M), Germany ($98.4M), Canada ($84.7M), Netherlands ($54.2M), and Belgium-Luxembourg ($51.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $55.2M

Top Destination Growth (2017 - 2018): France, $12.3M

Between 2017 and 2018, the exports of Antifreeze grew the fastest in Belgium-Luxembourg ($55.2M), Germany ($31.4M), France ($11.3M), Thailand ($8.22M), and Sweden ($8.15M).

Between 2017 and 2018, the fastest growing importers of Antifreeze were France ($12.3M), Germany ($8.61M), Mexico ($8.24M), China ($8.08M), and Italy ($7.99M).

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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 Antifreeze.

In 2018,  market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Antifreeze are explained by 14 countries.

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TOP NET EXPORTER (2018): Belgium-Luxembourg, $258M

TOP NET IMPORTER (2018): Canada, $61.3M

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

In 2018, the countries that had a largest trade value in exports than in imports of Antifreeze were Belgium-Luxembourg ($258M), Germany ($194M), United States ($161M), Netherlands ($32.6M), and Russia ($17.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Antifreeze were Canada ($61.3M), France ($58.6M), Mexico ($38M), Austria ($32M), and Norway ($25.4M).

Trade Forecasts

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This section shows forecasts for total trade for Antifreeze. 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 Antifreeze was 6.42%.  The countries with the highest tariffs for importing Antifreeze were Bahamas (37.3%), Cambodia (35%), Bermuda (25%), Pakistan (19.5%), and Madagascar (17.2%).

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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.