HS Icon Articles for pocket or handbag, plastic, textile oute

420232 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.87B, Rnk 807 / 4726

Top Exporter (2018): $2.31B, China

Top Importer (2018): $662M, United States

Product Complexity (2018): -0.92, Rnk 2187 / 2722

Export Growth (CAGR)(2017 - 2018): 18.9%, Rnk 1472 / 4726

Mean Tariff (2018): 18.6%, Rnk 693 / 6538

Share of World Trade (2018): 0.021%, Rnk 807 / 4726

Overview:  This page contains the latest trade data of Articles for pocket or handbag, plastic, textile oute. In 2018, Articles for pocket or handbag, plastic, textile oute were the world's 807th most traded product, with a total trade of $3.87B. Between 2017 and 2018 the exports of Articles for pocket or handbag, plastic, textile oute grew by 18.9%, from  $3.26B to $3.87B. Trade in Articles for pocket or handbag, plastic, textile oute represent 0.021% of total world trade.

Exports: In 2018 the top exporters of Articles for pocket or handbag, plastic, textile oute  were China ($2.31B), France ($439M), Italy ($175M), Vietnam ($158M), and Netherlands ($91.8M).

Imports: In 2018 the top importers of Articles for pocket or handbag, plastic, textile oute were United States ($662M), Hong Kong ($298M), Japan ($274M), Italy ($222M), and France ($191M).

Tariffs: In 2018 the average tariff for Articles for pocket or handbag, plastic, textile oute was 18.6%, been the 693 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Articles for pocket or handbag, plastic, textile oute are Iran (90%), Syria (46%), Egypt (45.5%), Bolivia (38.5%), and Sudan (35%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Bahamas (0%).

Ranking: Articles for pocket or handbag, plastic, textile oute ranks 2187th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $2.31B

Top Destination (2018): United States, $662M

Articles for pocket or handbag, plastic, textile oute are the world's 807th most traded product.

In 2018, the top exporters of Articles for pocket or handbag, plastic, textile oute were China ($2.31B), France ($439M), Italy ($175M), Vietnam ($158M), and Netherlands ($91.8M).

In 2018, the top importers of Articles for pocket or handbag, plastic, textile oute were United States ($662M), Hong Kong ($298M), Japan ($274M), Italy ($222M), and France ($191M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $265M

Top Destination Growth (2017 - 2018): Singapore, $66.6M

Between 2017 and 2018, the exports of Articles for pocket or handbag, plastic, textile oute grew the fastest in China ($265M), France ($96.6M), Hong Kong ($49.5M), Netherlands ($47.7M), and United States ($42.3M).

Between 2017 and 2018, the fastest growing importers of Articles for pocket or handbag, plastic, textile oute were Singapore ($66.6M), United States ($56.5M), Switzerland ($49.1M), Canada ($40.1M), and Hong Kong ($37.1M).

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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 Articles for pocket or handbag, plastic, textile oute.

In 2018,  market concentration measured using Shannon Entropy, was 2.64. This means that most of the exports of Articles for pocket or handbag, plastic, textile oute are explained by 6 countries.

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TOP NET EXPORTER (2018): China, $2.28B

TOP NET IMPORTER (2018): United States, $611M

This map shows which countries export or import more of Articles for pocket or handbag, plastic, textile oute. Each country is colored based on the difference in exports and imports of Articles for pocket or handbag, plastic, textile oute during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Articles for pocket or handbag, plastic, textile oute were China ($2.28B), France ($248M), Vietnam ($105M), Cambodia ($28.2M), and Burma ($18.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Articles for pocket or handbag, plastic, textile oute were United States ($611M), Japan ($270M), Hong Kong ($248M), Singapore ($151M), and United Kingdom ($118M).

Import Tariffs

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In 2018, the average tariff for importing Articles for pocket or handbag, plastic, textile oute was 18.6%.  The countries with the highest tariffs for importing Articles for pocket or handbag, plastic, textile oute were Iran (90%), Syria (46%), Egypt (45.5%), Bolivia (38.5%), and Sudan (35%).

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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.