HS Icon Apparatus, for carrier-current line systems, nes

851740 (Harmonized System 1992 for 6-digit)

World Trade (2018): $324M, Rnk 3218 / 4726

Top Exporter (2018): $173M, China

Top Importer (2018): $80.4M, Philippines

Product Complexity (2018): 1.07, Rnk 664 / 4873

Export Growth (CAGR)(2017 - 2018): -44.8%, Rnk 4655 / 4726

Mean Tariff (2018): 4.55%, Rnk 4479 / 6538

Share of World Trade (2018): 0.0018%, Rnk 3218 / 4726

Overview:  This page contains the latest trade data of Apparatus, for carrier-current line systems, nes. In 2018, Apparatus, for carrier-current line systems, nes were the world's 3218th most traded product, with a total trade of $324M. Between 2017 and 2018 the exports of Apparatus, for carrier-current line systems, nes decreased by -44.8%, from  $588M to $324M. Trade in Apparatus, for carrier-current line systems, nes represent 0.0018% of total world trade.

Exports: In 2018 the top exporters of Apparatus, for carrier-current line systems, nes  were China ($173M), Mexico ($70.1M), Hong Kong ($11M), Germany ($9.55M), and Israel ($8.95M).

Imports: In 2018 the top importers of Apparatus, for carrier-current line systems, nes were Philippines ($80.4M), United States ($58.6M), Kenya ($40M), Egypt ($30.3M), and Saudi Arabia ($23.4M).

Tariffs: In 2018 the average tariff for Apparatus, for carrier-current line systems, nes was 4.55%, been the 4479 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Apparatus, for carrier-current line systems, nes are Austria (6%), Finland (4.6%), and Sweden (3.8%).

Ranking: Apparatus, for carrier-current line systems, nes ranks 664th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $173M

Top Destination (2018): Philippines, $80.4M

Apparatus, for carrier-current line systems, nes are the world's 3218th most traded product.

In 2018, the top exporters of Apparatus, for carrier-current line systems, nes were China ($173M), Mexico ($70.1M), Hong Kong ($11M), Germany ($9.55M), and Israel ($8.95M).

In 2018, the top importers of Apparatus, for carrier-current line systems, nes were Philippines ($80.4M), United States ($58.6M), Kenya ($40M), Egypt ($30.3M), and Saudi Arabia ($23.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Israel, $6.07M

Top Destination Growth (2017 - 2018): Philippines, $55.6M

Between 2017 and 2018, the exports of Apparatus, for carrier-current line systems, nes grew the fastest in Israel ($6.07M), United Arab Emirates ($5.29M), India ($2.88M), Mexico ($2.24M), and Denmark ($1.56M).

Between 2017 and 2018, the fastest growing importers of Apparatus, for carrier-current line systems, nes were Philippines ($55.6M), Saudi Arabia ($20.5M), Qatar ($13.4M), Egypt ($7.19M), and South Africa ($5.97M).

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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 Apparatus, for carrier-current line systems, nes.

In 2018,  market concentration measured using Shannon Entropy, was 2.54. This means that most of the exports of Apparatus, for carrier-current line systems, nes are explained by 5 countries.

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TOP NET EXPORTER (2018): China, $173M

TOP NET IMPORTER (2018): Philippines, $80.4M

This map shows which countries export or import more of Apparatus, for carrier-current line systems, nes. Each country is colored based on the difference in exports and imports of Apparatus, for carrier-current line systems, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Apparatus, for carrier-current line systems, nes were China ($173M), Mexico ($48.8M), Hong Kong ($10.9M), Israel ($8.94M), and Germany ($8.37M).

In 2018, the countries that had a largest trade value in imports than in exports of Apparatus, for carrier-current line systems, nes were Philippines ($80.4M), United States ($52.8M), Kenya ($39.9M), Egypt ($29.4M), and Saudi Arabia ($22.8M).

Trade Forecasts

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This section shows forecasts for total trade for Apparatus, for carrier-current line systems, nes. 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 Apparatus, for carrier-current line systems, nes was 4.55%.  The countries with the highest tariffs for importing Apparatus, for carrier-current line systems, nes were Austria (6%), Finland (4.6%), and Sweden (3.8%).

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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.