HS Icon Cellulose ethers nes, in primary forms

391239 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.83B, Rnk 1063 / 4726

Top Exporter (2018): $812M, Germany

Top Importer (2018): $248M, India

Product Complexity (2018): 1.31, Rnk 363 / 4873

Export Growth (CAGR)(2017 - 2018): 13.2%, Rnk 2163 / 4726

Mean Tariff (2018): 4.21%, Rnk 4792 / 6538

Share of World Trade (2018): 0.015%, Rnk 1063 / 4726

Overview:  This page contains the latest trade data of Cellulose ethers nes, in primary forms. In 2018, Cellulose ethers nes, in primary forms were the world's 1063rd most traded product, with a total trade of $2.83B. Between 2017 and 2018 the exports of Cellulose ethers nes, in primary forms grew by 13.2%, from  $2.5B to $2.83B. Trade in Cellulose ethers nes, in primary forms represent 0.015% of total world trade.

Exports: In 2018 the top exporters of Cellulose ethers nes, in primary forms  were Germany ($812M), United States ($500M), Belgium-Luxembourg ($381M), South Korea ($255M), and China ($242M).

Imports: In 2018 the top importers of Cellulose ethers nes, in primary forms were India ($248M), United States ($200M), Belgium-Luxembourg ($195M), Germany ($153M), and China ($127M).

Tariffs: In 2018 the average tariff for Cellulose ethers nes, in primary forms was 4.21%, been the 4792 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cellulose ethers nes, in primary forms are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Aruba (12%), and Pakistan (10.8%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Cellulose ethers nes, in primary forms ranks 363rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $812M

Top Destination (2018): India, $248M

Cellulose ethers nes, in primary forms are the world's 1063rd most traded product.

In 2018, the top exporters of Cellulose ethers nes, in primary forms were Germany ($812M), United States ($500M), Belgium-Luxembourg ($381M), South Korea ($255M), and China ($242M).

In 2018, the top importers of Cellulose ethers nes, in primary forms were India ($248M), United States ($200M), Belgium-Luxembourg ($195M), Germany ($153M), and China ($127M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $86.1M

Top Destination Growth (2017 - 2018): India, $67.2M

Between 2017 and 2018, the exports of Cellulose ethers nes, in primary forms grew the fastest in United States ($86.1M), Belgium-Luxembourg ($81.6M), Germany ($51M), Japan ($39.1M), and China ($37M).

Between 2017 and 2018, the fastest growing importers of Cellulose ethers nes, in primary forms were India ($67.2M), China ($20.6M), Germany ($20.5M), Belgium-Luxembourg ($15.6M), and Mexico ($15.2M).

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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 ethers nes, in primary forms.

In 2018,  market concentration measured using Shannon Entropy, was 3.18. This means that most of the exports of Cellulose ethers nes, in primary forms are explained by 9 countries.

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TOP NET EXPORTER (2018): Germany, $659M

TOP NET IMPORTER (2018): India, $239M

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

In 2018, the countries that had a largest trade value in exports than in imports of Cellulose ethers nes, in primary forms were Germany ($659M), United States ($300M), South Korea ($201M), Belgium-Luxembourg ($185M), and Japan ($139M).

In 2018, the countries that had a largest trade value in imports than in exports of Cellulose ethers nes, in primary forms were India ($239M), Turkey ($108M), Russia ($93.5M), France ($86.4M), and Brazil ($81.1M).

Trade Forecasts

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This section shows forecasts for total trade for Cellulose ethers 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 Cellulose ethers nes, in primary forms was 4.21%.  The countries with the highest tariffs for importing Cellulose ethers nes, in primary forms were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Aruba (12%), and Pakistan (10.8%).

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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.