HS Icon Self-adhesive Plastics

3919 (Harmonized System 1992 for 4-digit)

World Trade (2018): $22B, Rnk 172 / 1225

Top Exporter (2018): $3.27B, China

Top Importer (2018): $2.49B, China

Product Complexity (2018): 1.57, Rnk 39 / 1018

Export Growth (CAGR)(2017 - 2018): 11.5%, Rnk 696 / 1225

Mean Tariff (2018): 8.58%, Rnk 501 / 1259

Share of World Trade (2018): 0.12%, Rnk 172 / 1225

Overview: In 2018, Self-adhesive Plastics were the world's 172nd most traded product, with a total trade of $22B. Between 2017 and 2018 the exports of Self-adhesive Plastics grew by 11.5%, from  $19.7B to $22B. Trade in Self-adhesive Plastics represent 0.12% of total world trade.

Exports: In 2018 the top exporters of Self-adhesive Plastics  were China ($3.27B), Germany ($2.89B), United States ($2.89B), Japan ($2.46B), and South Korea ($1.89B).

Imports: In 2018 the top importers of Self-adhesive Plastics were China ($2.49B), United States ($1.4B), Germany ($1.37B), Mexico ($1.03B), and Vietnam ($1.01B).

Tariffs: In 2018 the average tariff for Self-adhesive Plastics was 8.58%, been the 501 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Self-adhesive Plastics are Bahamas (41.8%), Nepal (30%), Bangladesh (25%), Bermuda (25%), and Zambia (22.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Self-adhesive Plastics ranks 39th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $3.27B

Top Destination (2018): China, $2.49B

Self-adhesive Plastics are the world's 172nd most traded product.

In 2018, the top exporters of Self-adhesive Plastics were China ($3.27B), Germany ($2.89B), United States ($2.89B), Japan ($2.46B), and South Korea ($1.89B).

In 2018, the top importers of Self-adhesive Plastics were China ($2.49B), United States ($1.4B), Germany ($1.37B), Mexico ($1.03B), and Vietnam ($1.01B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $434M

Top Destination Growth (2017 - 2018): Canada, $543M

Between 2017 and 2018, the exports of Self-adhesive Plastics grew the fastest in United States ($434M), China ($379M), Chinese Taipei ($268M), Germany ($251M), and Belgium-Luxembourg ($154M).

Between 2017 and 2018, the fastest growing importers of Self-adhesive Plastics were Canada ($543M), United States ($200M), Brazil ($161M), Germany ($138M), and Vietnam ($122M).

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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 Self-adhesive Plastics.

In 2018,  market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Self-adhesive Plastics are explained by 17 countries.

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TOP NET EXPORTER (2018): Japan, $2.02B

TOP NET IMPORTER (2018): Vietnam, $877M

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

In 2018, the countries that had a largest trade value in exports than in imports of Self-adhesive Plastics were Japan ($2.02B), Germany ($1.52B), United States ($1.49B), South Korea ($1.24B), and China ($787M).

In 2018, the countries that had a largest trade value in imports than in exports of Self-adhesive Plastics were Vietnam ($877M), Mexico ($840M), Hong Kong ($621M), Russia ($369M), and India ($332M).

Trade Forecasts

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This section shows forecasts for total trade for Self-adhesive Plastics. 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 Self-adhesive Plastics was 8.58%.  The countries with the highest tariffs for importing Self-adhesive Plastics were Bahamas (41.8%), Nepal (30%), Bangladesh (25%), Bermuda (25%), and Zambia (22.7%).

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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.