HS Icon Acrylic polymers nes, in primary forms

390690 (Harmonized System 1992 for 6-digit)

World Trade (2018): $15.7B, Rnk 176 / 4726

Top Exporter (2018): $2.39B, Germany

Top Importer (2018): $2.01B, China

Product Complexity (2018): 1.53, Rnk 212 / 4873

Export Growth (CAGR)(2017 - 2018): 14%, Rnk 2035 / 4726

Mean Tariff (2018): 4.53%, Rnk 4498 / 6538

Share of World Trade (2018): 0.086%, Rnk 176 / 4726

Overview:  This page contains the latest trade data of Acrylic polymers nes, in primary forms. In 2018, Acrylic polymers nes, in primary forms were the world's 176th most traded product, with a total trade of $15.7B. Between 2017 and 2018 the exports of Acrylic polymers nes, in primary forms grew by 14%, from  $13.8B to $15.7B. Trade in Acrylic polymers nes, in primary forms represent 0.086% of total world trade.

Exports: In 2018 the top exporters of Acrylic polymers nes, in primary forms  were Germany ($2.39B), United States ($1.79B), Japan ($1.43B), France ($1.38B), and South Korea ($1.32B).

Imports: In 2018 the top importers of Acrylic polymers nes, in primary forms were China ($2.01B), Germany ($1.13B), United States ($987M), Canada ($630M), and Italy ($612M).

Tariffs: In 2018 the average tariff for Acrylic polymers nes, in primary forms was 4.53%, been the 4498 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Acrylic polymers nes, in primary forms are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Aruba (12%), and Pakistan (11.4%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Hong Kong (0%).

Ranking: Acrylic polymers nes, in primary forms ranks 212th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $2.39B

Top Destination (2018): China, $2.01B

Acrylic polymers nes, in primary forms are the world's 176th most traded product.

In 2018, the top exporters of Acrylic polymers nes, in primary forms were Germany ($2.39B), United States ($1.79B), Japan ($1.43B), France ($1.38B), and South Korea ($1.32B).

In 2018, the top importers of Acrylic polymers nes, in primary forms were China ($2.01B), Germany ($1.13B), United States ($987M), Canada ($630M), and Italy ($612M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $229M

Top Destination Growth (2017 - 2018): China, $237M

Between 2017 and 2018, the exports of Acrylic polymers nes, in primary forms grew the fastest in Germany ($229M), Belgium-Luxembourg ($200M), South Korea ($172M), Chinese Taipei ($165M), and China ($148M).

Between 2017 and 2018, the fastest growing importers of Acrylic polymers nes, in primary forms were China ($237M), Canada ($146M), Germany ($127M), Poland ($103M), and Netherlands ($96.8M).

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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 Acrylic polymers nes, in primary forms.

In 2018,  market concentration measured using Shannon Entropy, was 4.26. This means that most of the exports of Acrylic polymers nes, in primary forms are explained by 19 countries.

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TOP NET EXPORTER (2018): Germany, $1.26B

TOP NET IMPORTER (2018): China, $936M

This map shows which countries export or import more of Acrylic polymers nes, in primary forms. Each country is colored based on the difference in exports and imports of Acrylic polymers nes, in primary forms during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Acrylic polymers nes, in primary forms were Germany ($1.26B), Japan ($1.25B), South Korea ($1.06B), France ($827M), and United States ($801M).

In 2018, the countries that had a largest trade value in imports than in exports of Acrylic polymers nes, in primary forms were China ($936M), Poland ($470M), Canada ($419M), India ($413M), and Mexico ($357M).

Trade Forecasts

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This section shows forecasts for total trade for Acrylic polymers nes, in primary forms. 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 Acrylic polymers nes, in primary forms was 4.53%.  The countries with the highest tariffs for importing Acrylic polymers nes, in primary forms were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Aruba (12%), and Pakistan (11.4%).

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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.