HS Icon Cellulose

3912 (Harmonized System 1992 for 4-digit)

World Trade (2018): $5.96B, Rnk 456 / 1225

Top Exporter (2018): $1.31B, United States

Top Importer (2018): $526M, China

Product Complexity (2018): 0.85, Rnk 220 / 1018

Export Growth (CAGR)(2017 - 2018): 10.5%, Rnk 748 / 1225

Mean Tariff (2018): 4.48%, Rnk 915 / 1259

Share of World Trade (2018): 0.032%, Rnk 456 / 1225

Overview: In 2018, Cellulose were the world's 456th most traded product, with a total trade of $5.96B. Between 2017 and 2018 the exports of Cellulose grew by 10.5%, from  $5.39B to $5.96B. Trade in Cellulose represent 0.032% of total world trade.

Exports: In 2018 the top exporters of Cellulose  were United States ($1.31B), Germany ($1.1B), China ($595M), Belgium-Luxembourg ($407M), and Japan ($299M).

Imports: In 2018 the top importers of Cellulose were China ($526M), United States ($440M), India ($412M), Belgium-Luxembourg ($319M), and Germany ($274M).

Tariffs: In 2018 the average tariff for Cellulose was 4.48%, been the 915 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Cellulose are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Pakistan (12%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Cellulose ranks 220th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $1.31B

Top Destination (2018): China, $526M

Cellulose are the world's 456th most traded product.

In 2018, the top exporters of Cellulose were United States ($1.31B), Germany ($1.1B), China ($595M), Belgium-Luxembourg ($407M), and Japan ($299M).

In 2018, the top importers of Cellulose were China ($526M), United States ($440M), India ($412M), Belgium-Luxembourg ($319M), and Germany ($274M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $81.2M

Top Destination Growth (2017 - 2018): India, $92.2M

Between 2017 and 2018, the exports of Cellulose grew the fastest in Belgium-Luxembourg ($81.2M), China ($75.2M), Japan ($51.9M), Germany ($49.7M), and Finland ($37.2M).

Between 2017 and 2018, the fastest growing importers of Cellulose were India ($92.2M), China ($58.8M), Belgium-Luxembourg ($36M), South Africa ($29.1M), and Vietnam ($26.9M).

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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 Cellulose.

In 2018,  market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Cellulose are explained by 15 countries.

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TOP NET EXPORTER (2018): United States, $866M

TOP NET IMPORTER (2018): India, $324M

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

In 2018, the countries that had a largest trade value in exports than in imports of Cellulose were United States ($866M), Germany ($829M), Finland ($157M), Japan ($140M), and Ireland ($119M).

In 2018, the countries that had a largest trade value in imports than in exports of Cellulose were India ($324M), Russia ($186M), Italy ($131M), Spain ($114M), and Turkey ($109M).

Trade Forecasts

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This section shows forecasts for total trade for Cellulose. 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 Cellulose was 4.48%.  The countries with the highest tariffs for importing Cellulose were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Pakistan (12%), and Aruba (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.