HS Icon Rubber Pipes

4009 (Harmonized System 1992 for 4-digit)

World Trade (2018): $11.4B, Rnk 301 / 1225

Top Exporter (2018): $1.56B, Germany

Top Importer (2018): $1.7B, United States

Product Complexity (2018): 0.91, Rnk 202 / 1018

Export Growth (CAGR)(2017 - 2018): 10.9%, Rnk 728 / 1225

Mean Tariff (2018): 8.45%, Rnk 511 / 1259

Share of World Trade (2018): 0.062%, Rnk 301 / 1225

Overview:  This page contains the latest trade data of Rubber Pipes. In 2018, Rubber Pipes were the world's 301st most traded product, with a total trade of $11.4B. Between 2017 and 2018 the exports of Rubber Pipes grew by 10.9%, from  $10.2B to $11.4B. Trade in Rubber Pipes represent 0.062% of total world trade.

Exports: In 2018 the top exporters of Rubber Pipes  were Germany ($1.56B), United States ($1.12B), China ($1.05B), Italy ($626M), and Japan ($618M).

Imports: In 2018 the top importers of Rubber Pipes were United States ($1.7B), Germany ($1.28B), China ($566M), Mexico ($521M), and Canada ($507M).

Tariffs: In 2018 the average tariff for Rubber Pipes was 8.45%, been the 511 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Rubber Pipes are Bahamas (40.2%), Malaysia (30%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Rubber Pipes ranks 202nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $1.56B

Top Destination (2018): United States, $1.7B

Rubber Pipes are the world's 301st most traded product.

In 2018, the top exporters of Rubber Pipes were Germany ($1.56B), United States ($1.12B), China ($1.05B), Italy ($626M), and Japan ($618M).

In 2018, the top importers of Rubber Pipes were United States ($1.7B), Germany ($1.28B), China ($566M), Mexico ($521M), and Canada ($507M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $255M

Top Destination Growth (2017 - 2018): Canada, $195M

Between 2017 and 2018, the exports of Rubber Pipes grew the fastest in Germany ($255M), United States ($154M), Thailand ($115M), Bulgaria ($101M), and Belgium-Luxembourg ($71.6M).

Between 2017 and 2018, the fastest growing importers of Rubber Pipes were Canada ($195M), Germany ($169M), France ($102M), United States ($70.1M), and Brazil ($61M).

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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 Rubber Pipes.

In 2018,  market concentration measured using Shannon Entropy, was 4.64. This means that most of the exports of Rubber Pipes are explained by 25 countries.

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TOP NET EXPORTER (2018): China, $489M

TOP NET IMPORTER (2018): United States, $584M

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

In 2018, the countries that had a largest trade value in exports than in imports of Rubber Pipes were China ($489M), Japan ($413M), Turkey ($409M), Italy ($327M), and Czechia ($299M).

In 2018, the countries that had a largest trade value in imports than in exports of Rubber Pipes were United States ($584M), Canada ($371M), United Kingdom ($213M), France ($191M), and Russia ($155M).

Trade Forecasts

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This section shows forecasts for total trade for Rubber Pipes. 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 Rubber Pipes was 8.45%.  The countries with the highest tariffs for importing Rubber Pipes were Bahamas (40.2%), Malaysia (30%), Cameroon (29.4%), Gabon (29.4%), and Chad (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.