HS Icon 27.6 MPa onClick=titleClick(0)>Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa

391731 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.2B, Rnk 1833 / 4726

Top Exporter (2018): $158M, China

Top Importer (2018): $114M, United States

Product Complexity (2018): 0.14, Rnk 2358 / 4873

Export Growth (CAGR)(2017 - 2018): 14%, Rnk 2045 / 4726

Mean Tariff (2018): 8.7%, Rnk 2635 / 6538

Share of World Trade (2018): 0.0065%, Rnk 1833 / 4726

Overview:  This page contains the latest trade data of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa. In 2018, Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa were the world's 1833rd most traded product, with a total trade of $1.2B. Between 2017 and 2018 the exports of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa grew by 14%, from  $1.05B to $1.2B. Trade in Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa represent 0.0065% of total world trade.

Exports: In 2018 the top exporters of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa  were China ($158M), Germany ($128M), United States ($125M), United Kingdom ($94.9M), and Italy ($77.7M).

Imports: In 2018 the top importers of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa were United States ($114M), Germany ($109M), France ($75.8M), United Kingdom ($52.3M), and China ($48.2M).

Tariffs: In 2018 the average tariff for Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa was 8.7%, been the 2635 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa are Bahamas (41.8%), Sudan (35%), Angola (30%), Nepal (30%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Zambia (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).

Ranking: Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa ranks 2358th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $158M

Top Destination (2018): United States, $114M

Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa are the world's 1833rd most traded product.

In 2018, the top exporters of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa were China ($158M), Germany ($128M), United States ($125M), United Kingdom ($94.9M), and Italy ($77.7M).

In 2018, the top importers of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa were United States ($114M), Germany ($109M), France ($75.8M), United Kingdom ($52.3M), and China ($48.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Kingdom, $41.7M

Top Destination Growth (2017 - 2018): Germany, $31.9M

Between 2017 and 2018, the exports of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa grew the fastest in United Kingdom ($41.7M), China ($32.5M), Poland ($31.5M), Malaysia ($24M), and Saudi Arabia ($18.2M).

Between 2017 and 2018, the fastest growing importers of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa were Germany ($31.9M), Australia ($27.5M), Japan ($13.9M), United States ($13.2M), and Netherlands ($11.8M).

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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 Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa.

In 2018,  market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa are explained by 25 countries.

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TOP NET EXPORTER (2018): China, $110M

TOP NET IMPORTER (2018): Australia, $27.3M

This map shows which countries export or import more of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa. Each country is colored based on the difference in exports and imports of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa were China ($110M), Italy ($47.6M), United Kingdom ($42.6M), Poland ($42M), and Turkey ($23.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa were Australia ($27.3M), Netherlands ($20.1M), Japan ($15.3M), Singapore ($14.6M), and Indonesia ($14.5M).

Trade Forecasts

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This section shows forecasts for total trade for Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa. 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 Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa was 8.7%.  The countries with the highest tariffs for importing Plastic tube, pipe or hose, flexible, mbp > 27.6 MPa were Bahamas (41.8%), Sudan (35%), Angola (30%), Nepal (30%), and Uzbekistan (28.7%).

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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.