HS Icon Plastic tube, pipe or hose, flexible, nes

391739 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.41B, Rnk 719 / 4726

Top Exporter (2018): $901M, China

Top Importer (2018): $729M, United States

Product Complexity (2018): 0.032, Rnk 2572 / 4873

Export Growth (CAGR)(2017 - 2018): 20.1%, Rnk 1368 / 4726

Mean Tariff (2018): 9.91%, Rnk 2295 / 6538

Share of World Trade (2018): 0.024%, Rnk 719 / 4726

Overview:  This page contains the latest trade data of Plastic tube, pipe or hose, flexible, nes. In 2018, Plastic tube, pipe or hose, flexible, nes were the world's 719th most traded product, with a total trade of $4.41B. Between 2017 and 2018 the exports of Plastic tube, pipe or hose, flexible, nes grew by 20.1%, from  $3.67B to $4.41B. Trade in Plastic tube, pipe or hose, flexible, nes represent 0.024% of total world trade.

Exports: In 2018 the top exporters of Plastic tube, pipe or hose, flexible, nes  were China ($901M), Germany ($708M), United States ($486M), Italy ($374M), and Canada ($167M).

Imports: In 2018 the top importers of Plastic tube, pipe or hose, flexible, nes were United States ($729M), Germany ($313M), Netherlands ($225M), France ($195M), and Mexico ($151M).

Tariffs: In 2018 the average tariff for Plastic tube, pipe or hose, flexible, nes was 9.91%, been the 2295 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Plastic tube, pipe or hose, flexible, nes are Bahamas (41.8%), Laos (38.1%), Sudan (35%), Nepal (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Uganda (0%), Zambia (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Plastic tube, pipe or hose, flexible, nes ranks 2572nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $901M

Top Destination (2018): United States, $729M

Plastic tube, pipe or hose, flexible, nes are the world's 719th most traded product.

In 2018, the top exporters of Plastic tube, pipe or hose, flexible, nes were China ($901M), Germany ($708M), United States ($486M), Italy ($374M), and Canada ($167M).

In 2018, the top importers of Plastic tube, pipe or hose, flexible, nes were United States ($729M), Germany ($313M), Netherlands ($225M), France ($195M), and Mexico ($151M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $206M

Top Destination Growth (2017 - 2018): United States, $151M

Between 2017 and 2018, the exports of Plastic tube, pipe or hose, flexible, nes grew the fastest in China ($206M), United States ($181M), Germany ($102M), Czechia ($70.7M), and Italy ($51M).

Between 2017 and 2018, the fastest growing importers of Plastic tube, pipe or hose, flexible, nes were United States ($151M), Canada ($121M), Germany ($63.2M), Saudi Arabia ($47.3M), and France ($43.3M).

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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 Plastic tube, pipe or hose, flexible, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Plastic tube, pipe or hose, flexible, nes are explained by 19 countries.

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TOP NET EXPORTER (2018): China, $756M

TOP NET IMPORTER (2018): United States, $243M

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

In 2018, the countries that had a largest trade value in exports than in imports of Plastic tube, pipe or hose, flexible, nes were China ($756M), Germany ($395M), Italy ($256M), Czechia ($89.8M), and Brazil ($70.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Plastic tube, pipe or hose, flexible, nes were United States ($243M), Netherlands ($152M), France ($106M), Russia ($93.1M), and Mexico ($73.8M).

Trade Forecasts

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This section shows forecasts for total trade for Plastic tube, pipe or hose, flexible, nes. 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, nes was 9.91%.  The countries with the highest tariffs for importing Plastic tube, pipe or hose, flexible, nes were Bahamas (41.8%), Laos (38.1%), Sudan (35%), Nepal (30%), and Cameroon (29.4%).

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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.