HS Icon Particle Board

4410 (Harmonized System 1992 for 4-digit)

World Trade (2018): $9.32B, Rnk 342 / 1225

Top Exporter (2018): $1.99B, Canada

Top Importer (2018): $1.96B, United States

Product Complexity (2018): 0.095, Rnk 510 / 1018

Export Growth (CAGR)(2017 - 2018): 14.5%, Rnk 544 / 1225

Mean Tariff (2018): 9.14%, Rnk 468 / 1259

Share of World Trade (2018): 0.051%, Rnk 342 / 1225

Overview: In 2018, Particle Board were the world's 342nd most traded product, with a total trade of $9.32B. Between 2017 and 2018 the exports of Particle Board grew by 14.5%, from  $8.14B to $9.32B. Trade in Particle Board represent 0.051% of total world trade.

Exports: In 2018 the top exporters of Particle Board  were Canada ($1.99B), Germany ($765M), Austria ($761M), Romania ($501M), and France ($389M).

Imports: In 2018 the top importers of Particle Board were United States ($1.96B), Germany ($847M), Poland ($451M), United Kingdom ($339M), and Italy ($331M).

Tariffs: In 2018 the average tariff for Particle Board was 9.14%, been the 468 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Particle Board are Zambia (36.3%), Sudan (35%), Angola (30%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Particle Board ranks 510th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Canada, $1.99B

Top Destination (2018): United States, $1.96B

Particle Board are the world's 342nd most traded product.

In 2018, the top exporters of Particle Board were Canada ($1.99B), Germany ($765M), Austria ($761M), Romania ($501M), and France ($389M).

In 2018, the top importers of Particle Board were United States ($1.96B), Germany ($847M), Poland ($451M), United Kingdom ($339M), and Italy ($331M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Canada, $163M

Top Destination Growth (2017 - 2018): United States, $176M

Between 2017 and 2018, the exports of Particle Board grew the fastest in Canada ($163M), Russia ($103M), United States ($101M), Austria ($97.5M), and Czechia ($75.3M).

Between 2017 and 2018, the fastest growing importers of Particle Board were United States ($176M), Germany ($93.9M), Canada ($93M), Poland ($73.3M), and Italy ($52.3M).

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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 Particle Board.

In 2018,  market concentration measured using Shannon Entropy, was 4.52. This means that most of the exports of Particle Board are explained by 23 countries.

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TOP NET EXPORTER (2018): Canada, $1.88B

TOP NET IMPORTER (2018): United States, $1.81B

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

In 2018, the countries that had a largest trade value in exports than in imports of Particle Board were Canada ($1.88B), Austria ($596M), Romania ($426M), Thailand ($348M), and Belarus ($285M).

In 2018, the countries that had a largest trade value in imports than in exports of Particle Board were United States ($1.81B), United Kingdom ($250M), South Korea ($243M), Netherlands ($243M), and Poland ($213M).

Trade Forecasts

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This section shows forecasts for total trade for Particle Board. 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 Particle Board was 9.14%.  The countries with the highest tariffs for importing Particle Board were Zambia (36.3%), Sudan (35%), Angola (30%), Cameroon (29.4%), and Gabon (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.