Air Pumps8414 (Harmonized System 1992 for 4-digit)
World Trade (2018): $76.6B, Rnk 35 / 1225
Top Exporter (2018): $16.3B, China
Top Importer (2018): $11.8B, United States
Product Complexity (2018): 1.37, Rnk 69 / 1018
Export Growth (CAGR)(2017 - 2018): 14.6%, Rnk 537 / 1225
Mean Tariff (2018): 6.56%, Rnk 648 / 1259
Share of World Trade (2018): 0.42%, Rnk 35 / 1225
Overview: This page contains the latest trade data of Air Pumps. In 2018, Air Pumps were the world's 35th most traded product, with a total trade of $76.6B. Between 2017 and 2018 the exports of Air Pumps grew by 14.6%, from $66.8B to $76.6B. Trade in Air Pumps represent 0.42% of total world trade.
Exports: In 2018 the top exporters of Air Pumps were China ($16.3B), Germany ($10.7B), United States ($6.69B), Japan ($5.48B), and Italy ($3.98B).
Imports: In 2018 the top importers of Air Pumps were United States ($11.8B), Germany ($5.68B), China ($5.48B), Mexico ($3.17B), and France ($2.72B).
Tariffs: In 2018 the average tariff for Air Pumps was 6.56%, been the 648 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Air Pumps are Bahamas (31.2%), Bermuda (23.8%), Syria (23.4%), Maldives (21.3%), and Sudan (20.2%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).
Ranking: Air Pumps ranks 69th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): China, $16.3B
Top Destination (2018): United States, $11.8B
Air Pumps are the world's 35th most traded product.
In 2018, the top exporters of Air Pumps were China ($16.3B), Germany ($10.7B), United States ($6.69B), Japan ($5.48B), and Italy ($3.98B).
In 2018, the top importers of Air Pumps were United States ($11.8B), Germany ($5.68B), China ($5.48B), Mexico ($3.17B), and France ($2.72B).
Trade by country
Top Origin Growth (2017 - 2018): Germany, $1.84B
Top Destination Growth (2017 - 2018): United States, $2.74B
Between 2017 and 2018, the exports of Air Pumps grew the fastest in Germany ($1.84B), China ($1.75B), United States ($687M), Japan ($534M), and Mexico ($504M).
Between 2017 and 2018, the fastest growing importers of Air Pumps were United States ($2.74B), Germany ($973M), China ($932M), Mexico ($809M), and United Kingdom ($356M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Air Pumps.
In 2018, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Air Pumps are explained by 20 countries.
TOP NET EXPORTER (2018): China, $10.8B
TOP NET IMPORTER (2018): United States, $5.06B
This map shows which countries export or import more of Air Pumps. Each country is colored based on the difference in exports and imports of Air Pumps during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Air Pumps were China ($10.8B), Germany ($4.98B), Japan ($2.95B), Italy ($1.69B), and Belgium-Luxembourg ($1.13B).
In 2018, the countries that had a largest trade value in imports than in exports of Air Pumps were United States ($5.06B), Russia ($1.2B), Canada ($1.01B), United Kingdom ($966M), and India ($943M).
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.2 ant