HS Icon Polyethers nes, in primary forms

390720 (Harmonized System 1992 for 6-digit)

World Trade (2018): $13.4B, Rnk 217 / 4726

Top Exporter (2018): $1.81B, Netherlands

Top Importer (2018): $1.24B, China

Product Complexity (2018): 1.16, Rnk 534 / 4873

Export Growth (CAGR)(2017 - 2018): 13.7%, Rnk 2089 / 4726

Mean Tariff (2018): 5.6%, Rnk 3787 / 6538

Share of World Trade (2018): 0.073%, Rnk 217 / 4726

Overview:  This page contains the latest trade data of Polyethers nes, in primary forms. In 2018, Polyethers nes, in primary forms were the world's 217th most traded product, with a total trade of $13.4B. Between 2017 and 2018 the exports of Polyethers nes, in primary forms grew by 13.7%, from  $11.8B to $13.4B. Trade in Polyethers nes, in primary forms represent 0.073% of total world trade.

Exports: In 2018 the top exporters of Polyethers nes, in primary forms  were Netherlands ($1.81B), United States ($1.67B), Germany ($1.33B), Belgium-Luxembourg ($1.31B), and China ($1.13B).

Imports: In 2018 the top importers of Polyethers nes, in primary forms were China ($1.24B), Germany ($1.16B), Italy ($613M), United States ($554M), and Belgium-Luxembourg ($509M).

Tariffs: In 2018 the average tariff for Polyethers nes, in primary forms was 5.6%, been the 3787 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Polyethers nes, in primary forms are Bahamas (40.2%), Bermuda (25%), Iran (22%), Maldives (19.6%), and Romania (14.8%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Polyethers nes, in primary forms ranks 534th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Netherlands, $1.81B

Top Destination (2018): China, $1.24B

Polyethers nes, in primary forms are the world's 217th most traded product.

In 2018, the top exporters of Polyethers nes, in primary forms were Netherlands ($1.81B), United States ($1.67B), Germany ($1.33B), Belgium-Luxembourg ($1.31B), and China ($1.13B).

In 2018, the top importers of Polyethers nes, in primary forms were China ($1.24B), Germany ($1.16B), Italy ($613M), United States ($554M), and Belgium-Luxembourg ($509M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Saudi Arabia, $537M

Top Destination Growth (2017 - 2018): Germany, $127M

Between 2017 and 2018, the exports of Polyethers nes, in primary forms grew the fastest in Saudi Arabia ($537M), Belgium-Luxembourg ($235M), China ($192M), South Korea ($133M), and Singapore ($110M).

Between 2017 and 2018, the fastest growing importers of Polyethers nes, in primary forms were Germany ($127M), India ($112M), Poland ($87.7M), Belgium-Luxembourg ($81M), and China ($73.3M).

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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 Polyethers nes, in primary forms.

In 2018,  market concentration measured using Shannon Entropy, was 4.11. This means that most of the exports of Polyethers nes, in primary forms are explained by 17 countries.

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TOP NET EXPORTER (2018): Netherlands, $1.45B

TOP NET IMPORTER (2018): India, $477M

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

In 2018, the countries that had a largest trade value in exports than in imports of Polyethers nes, in primary forms were Netherlands ($1.45B), United States ($1.11B), Belgium-Luxembourg ($804M), Singapore ($597M), and South Korea ($577M).

In 2018, the countries that had a largest trade value in imports than in exports of Polyethers nes, in primary forms were India ($477M), Turkey ($447M), Mexico ($362M), Poland ($324M), and Brazil ($251M).

Trade Forecasts

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This section shows forecasts for total trade for Polyethers 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 Polyethers nes, in primary forms was 5.6%.  The countries with the highest tariffs for importing Polyethers nes, in primary forms were Bahamas (40.2%), Bermuda (25%), Iran (22%), Maldives (19.6%), and Romania (14.8%).

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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.