HS Icon Raw Plastic Sheeting

3920 (Harmonized System 1992 for 4-digit)

World Trade (2018): $60B, Rnk 50 / 1225

Top Exporter (2018): $7.01B, Germany

Top Importer (2018): $5.14B, China

Product Complexity (2018): 0.42, Rnk 408 / 1018

Export Growth (CAGR)(2017 - 2018): 10.7%, Rnk 732 / 1225

Mean Tariff (2018): 7.91%, Rnk 551 / 1259

Share of World Trade (2018): 0.33%, Rnk 50 / 1225

Overview: In 2018, Raw Plastic Sheeting were the world's 50th most traded product, with a total trade of $60B. Between 2017 and 2018 the exports of Raw Plastic Sheeting grew by 10.7%, from  $54.2B to $60B. Trade in Raw Plastic Sheeting represent 0.33% of total world trade.

Exports: In 2018 the top exporters of Raw Plastic Sheeting  were Germany ($7.01B), China ($6.31B), Japan ($5.86B), United States ($5.45B), and South Korea ($3.17B).

Imports: In 2018 the top importers of Raw Plastic Sheeting were China ($5.14B), United States ($5.06B), Germany ($3.94B), France ($2.69B), and United Kingdom ($2.28B).

Tariffs: In 2018 the average tariff for Raw Plastic Sheeting was 7.91%, been the 551 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Raw Plastic Sheeting are Maldives (55.9%), Bahamas (41.8%), Bermuda (25%), Cape Verde (20%), and Tunisia (20%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Raw Plastic Sheeting ranks 408th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $7.01B

Top Destination (2018): China, $5.14B

Raw Plastic Sheeting are the world's 50th most traded product.

In 2018, the top exporters of Raw Plastic Sheeting were Germany ($7.01B), China ($6.31B), Japan ($5.86B), United States ($5.45B), and South Korea ($3.17B).

In 2018, the top importers of Raw Plastic Sheeting were China ($5.14B), United States ($5.06B), Germany ($3.94B), France ($2.69B), and United Kingdom ($2.28B).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $973M

Top Destination Growth (2017 - 2018): United States, $602M

Between 2017 and 2018, the exports of Raw Plastic Sheeting grew the fastest in China ($973M), Germany ($689M), Japan ($443M), Poland ($279M), and Chinese Taipei ($249M).

Between 2017 and 2018, the fastest growing importers of Raw Plastic Sheeting were United States ($602M), Germany ($402M), Spain ($359M), Vietnam ($287M), and Poland ($275M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Raw Plastic Sheeting.

In 2018,  market concentration measured using Shannon Entropy, was 4.84. This means that most of the exports of Raw Plastic Sheeting are explained by 28 countries.

TOP NET EXPORTER (2018): Japan, $4.22B

TOP NET IMPORTER (2018): France, $1.15B

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

In 2018, the countries that had a largest trade value in exports than imports of Raw Plastic Sheeting were Japan ($4.22B), Germany ($3.07B), China ($1.17B), South Korea ($1.05B), and Italy ($831M).

In 2018, the countries that had a largest trade value in imports than exports of Raw Plastic Sheeting were France ($1.15B), Mexico ($995M), Vietnam ($977M), Hong Kong ($814M), and Russia ($796M).

Trade Forecasts

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This section shows forecasts for total trade for Raw Plastic Sheeting. 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 Raw Plastic Sheeting was 7.91%.  The countries with the highest tariffs for importing Raw Plastic Sheeting were Maldives (55.9%), Bahamas (41.8%), Bermuda (25%), Cape Verde (20%), and Tunisia (20%).

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