HS Icon Adrenal cortical hormones, in dosage

300432 (Harmonized System 1992 for 6-digit)

World Trade (2018): $9.94B, Rnk 312 / 4726

Top Exporter (2018): $1.87B, France

Top Importer (2018): $2.16B, United States

Export Growth (CAGR)(2017 - 2018): 7.6%, Rnk 3024 / 4726

Mean Tariff (2018): 3.68%, Rnk 5277 / 6538

Share of World Trade (2018): 0.054%, Rnk 312 / 4726

Overview:  This page contains the latest trade data of Adrenal cortical hormones, in dosage. In 2018, Adrenal cortical hormones, in dosage were the world's 312th most traded product, with a total trade of $9.94B. Between 2017 and 2018 the exports of Adrenal cortical hormones, in dosage grew by 7.6%, from  $9.24B to $9.94B. Trade in Adrenal cortical hormones, in dosage represent 0.054% of total world trade.

Exports: In 2018 the top exporters of Adrenal cortical hormones, in dosage  were France ($1.87B), United Kingdom ($1.58B), Sweden ($1.38B), Italy ($872M), and Belgium-Luxembourg ($767M).

Imports: In 2018 the top importers of Adrenal cortical hormones, in dosage were United States ($2.16B), Japan ($735M), China ($662M), United Kingdom ($623M), and Germany ($611M).

Tariffs: In 2018 the average tariff for Adrenal cortical hormones, in dosage was 3.68%, been the 5277 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Adrenal cortical hormones, in dosage are Iran (34.5%), Nepal (15%), Venezuela (11.5%), Paraguay (11.5%), and Brazil (11.5%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Ghana (0%), Guinea (0%), and Kenya (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): France, $1.87B

Top Destination (2018): United States, $2.16B

Adrenal cortical hormones, in dosage are the world's 312th most traded product.

In 2018, the top exporters of Adrenal cortical hormones, in dosage were France ($1.87B), United Kingdom ($1.58B), Sweden ($1.38B), Italy ($872M), and Belgium-Luxembourg ($767M).

In 2018, the top importers of Adrenal cortical hormones, in dosage were United States ($2.16B), Japan ($735M), China ($662M), United Kingdom ($623M), and Germany ($611M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Ireland, $211M

Top Destination Growth (2017 - 2018): United Kingdom, $177M

Between 2017 and 2018, the exports of Adrenal cortical hormones, in dosage grew the fastest in Ireland ($211M), Spain ($163M), France ($147M), Belgium-Luxembourg ($147M), and Germany ($57.7M).

Between 2017 and 2018, the fastest growing importers of Adrenal cortical hormones, in dosage were United Kingdom ($177M), Canada ($145M), Germany ($111M), Japan ($84.4M), and Spain ($83.1M).

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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 Adrenal cortical hormones, in dosage.

In 2018,  market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Adrenal cortical hormones, in dosage are explained by 15 countries.

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TOP NET EXPORTER (2018): France, $1.46B

TOP NET IMPORTER (2018): United States, $1.97B

This map shows which countries export or import more of Adrenal cortical hormones, in dosage. Each country is colored based on the difference in exports and imports of Adrenal cortical hormones, in dosage during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Adrenal cortical hormones, in dosage were France ($1.46B), Sweden ($1.31B), United Kingdom ($954M), Italy ($676M), and Belgium-Luxembourg ($473M).

In 2018, the countries that had a largest trade value in imports than in exports of Adrenal cortical hormones, in dosage were United States ($1.97B), Japan ($732M), China ($614M), Russia ($250M), and Germany ($201M).

Trade Forecasts

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This section shows forecasts for total trade for Adrenal cortical hormones, in dosage. 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 Adrenal cortical hormones, in dosage was 3.68%.  The countries with the highest tariffs for importing Adrenal cortical hormones, in dosage were Iran (34.5%), Nepal (15%), Venezuela (11.5%), Paraguay (11.5%), and Brazil (11.5%).

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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.