HS Icon Trunks and Cases

4202 (Harmonized System 1992 for 4-digit)

World Trade (2018): $65.6B, Rnk 42 / 1225

Top Exporter (2018): $27.7B, China

Top Importer (2018): $11.3B, United States

Product Complexity (2018): -0.7, Rnk 747 / 1018

Export Growth (CAGR)(2017 - 2018): 15.4%, Rnk 498 / 1225

Mean Tariff (2018): 18.1%, Rnk 140 / 1259

Share of World Trade (2018): 0.36%, Rnk 42 / 1225

Overview: In 2018, Trunks and Cases were the world's 42nd most traded product, with a total trade of $65.6B. Between 2017 and 2018 the exports of Trunks and Cases grew by 15.4%, from  $56.9B to $65.6B. Trade in Trunks and Cases represent 0.36% of total world trade.

Exports: In 2018 the top exporters of Trunks and Cases  were China ($27.7B), France ($7.69B), Italy ($7.34B), Vietnam ($3.8B), and Germany ($1.92B).

Imports: In 2018 the top importers of Trunks and Cases were United States ($11.3B), Japan ($4.14B), Germany ($4.03B), Hong Kong ($3.89B), and France ($3.39B).

Tariffs: In 2018 the average tariff for Trunks and Cases was 18.1%, been the 140 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Trunks and Cases are Iran (90%), Syria (46%), Egypt (45.4%), Sudan (35%), and Ethiopia (34.7%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Bahamas (0%).

Ranking: Trunks and Cases ranks 747th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $27.7B

Top Destination (2018): United States, $11.3B

Trunks and Cases are the world's 42nd most traded product.

In 2018, the top exporters of Trunks and Cases were China ($27.7B), France ($7.69B), Italy ($7.34B), Vietnam ($3.8B), and Germany ($1.92B).

In 2018, the top importers of Trunks and Cases were United States ($11.3B), Japan ($4.14B), Germany ($4.03B), Hong Kong ($3.89B), and France ($3.39B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $1.98B

Top Destination Growth (2017 - 2018): United States, $1.36B

Between 2017 and 2018, the exports of Trunks and Cases grew the fastest in China ($1.98B), France ($1.68B), Netherlands ($700M), Belgium-Luxembourg ($467M), and Germany ($461M).

Between 2017 and 2018, the fastest growing importers of Trunks and Cases were United States ($1.36B), Germany ($854M), Japan ($618M), Singapore ($530M), and Switzerland ($517M).

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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 Trunks and Cases.

In 2018,  market concentration measured using Shannon Entropy, was 3.41. This means that most of the exports of Trunks and Cases are explained by 10 countries.

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TOP NET EXPORTER (2018): China, $26B

TOP NET IMPORTER (2018): United States, $10.3B

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

In 2018, the countries that had a largest trade value in exports than in imports of Trunks and Cases were China ($26B), France ($4.31B), Italy ($4.08B), Vietnam ($3.25B), and India ($911M).

In 2018, the countries that had a largest trade value in imports than in exports of Trunks and Cases were United States ($10.3B), Japan ($4.04B), Hong Kong ($2.83B), United Kingdom ($2.46B), and Germany ($2.11B).

Trade Forecasts

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This section shows forecasts for total trade for Trunks and Cases. 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 Trunks and Cases was 18.1%.  The countries with the highest tariffs for importing Trunks and Cases were Iran (90%), Syria (46%), Egypt (45.4%), Sudan (35%), and Ethiopia (34.7%).

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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.