HS Icon Acyclic monoamines nes, derivatives and salts

292119 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.3B, Rnk 1751 / 4726

Top Exporter (2018): $438M, China

Top Importer (2018): $188M, United States

Export Growth (CAGR)(2017 - 2018): 13.5%, Rnk 2117 / 4726

Mean Tariff (2018): 3.97%, Rnk 4997 / 6538

Share of World Trade (2018): 0.0071%, Rnk 1751 / 4726

Overview:  This page contains the latest trade data of Acyclic monoamines nes, derivatives and salts. In 2018, Acyclic monoamines nes, derivatives and salts were the world's 1751st most traded product, with a total trade of $1.3B. Between 2017 and 2018 the exports of Acyclic monoamines nes, derivatives and salts grew by 13.5%, from  $1.14B to $1.3B. Trade in Acyclic monoamines nes, derivatives and salts represent 0.0071% of total world trade.

Exports: In 2018 the top exporters of Acyclic monoamines nes, derivatives and salts  were China ($438M), Germany ($180M), Belgium-Luxembourg ($173M), United States ($157M), and Philippines ($69.6M).

Imports: In 2018 the top importers of Acyclic monoamines nes, derivatives and salts were United States ($188M), South Korea ($84.1M), Germany ($81.7M), Japan ($77.6M), and India ($73M).

Tariffs: In 2018 the average tariff for Acyclic monoamines nes, derivatives and salts was 3.97%, been the 4997 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Acyclic monoamines nes, derivatives and salts are Bahamas (40.2%), Bermuda (25%), Hungary (15%), Ethiopia (14.9%), and Maldives (14.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $438M

Top Destination (2018): United States, $188M

Acyclic monoamines nes, derivatives and salts are the world's 1751st most traded product.

In 2018, the top exporters of Acyclic monoamines nes, derivatives and salts were China ($438M), Germany ($180M), Belgium-Luxembourg ($173M), United States ($157M), and Philippines ($69.6M).

In 2018, the top importers of Acyclic monoamines nes, derivatives and salts were United States ($188M), South Korea ($84.1M), Germany ($81.7M), Japan ($77.6M), and India ($73M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $60.7M

Top Destination Growth (2017 - 2018): India, $37.3M

Between 2017 and 2018, the exports of Acyclic monoamines nes, derivatives and salts grew the fastest in China ($60.7M), Chinese Taipei ($44M), Belgium-Luxembourg ($40.7M), France ($6.96M), and Spain ($4.04M).

Between 2017 and 2018, the fastest growing importers of Acyclic monoamines nes, derivatives and salts were India ($37.3M), United States ($28.1M), Netherlands ($14.8M), Spain ($12.9M), and Germany ($9.97M).

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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 Acyclic monoamines nes, derivatives and salts.

In 2018,  market concentration measured using Shannon Entropy, was 3.26. This means that most of the exports of Acyclic monoamines nes, derivatives and salts are explained by 9 countries.

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TOP NET EXPORTER (2018): China, $384M

TOP NET IMPORTER (2018): South Korea, $69.6M

This map shows which countries export or import more of Acyclic monoamines nes, derivatives and salts. Each country is colored based on the difference in exports and imports of Acyclic monoamines nes, derivatives and salts during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Acyclic monoamines nes, derivatives and salts were China ($384M), Belgium-Luxembourg ($135M), Germany ($98.7M), Philippines ($69.2M), and France ($13.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Acyclic monoamines nes, derivatives and salts were South Korea ($69.6M), Brazil ($57.6M), Italy ($55.9M), India ($54.9M), and Japan ($44.9M).

Trade Forecasts

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This section shows forecasts for total trade for Acyclic monoamines nes, derivatives and salts. 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 Acyclic monoamines nes, derivatives and salts was 3.97%.  The countries with the highest tariffs for importing Acyclic monoamines nes, derivatives and salts were Bahamas (40.2%), Bermuda (25%), Hungary (15%), Ethiopia (14.9%), and Maldives (14.7%).

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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.