HS Icon Artificial Monofilament

5405 (Harmonized System 1992 for 4-digit)

World Trade (2018): $19.2M, Rnk 1208 / 1225

Top Exporter (2018): $4.72M, Japan

Top Importer (2018): $3.79M, Saudi Arabia

Export Growth (CAGR)(2017 - 2018): -20%, Rnk 1208 / 1225

Mean Tariff (2018): 5.56%, Rnk 742 / 1259

Share of World Trade (2018): 0.0001%, Rnk 1208 / 1225

Overview:  This page contains the latest trade data of Artificial Monofilament. In 2018, Artificial Monofilament were the world's 1208th most traded product, with a total trade of $19.2M. Between 2017 and 2018 the exports of Artificial Monofilament decreased by -20%, from  $24M to $19.2M. Trade in Artificial Monofilament represent 0.0001% of total world trade.

Exports: In 2018 the top exporters of Artificial Monofilament  were Japan ($4.72M), China ($4.01M), Singapore ($1.98M), United States ($1.03M), and South Korea ($775k).

Imports: In 2018 the top importers of Artificial Monofilament were Saudi Arabia ($3.79M), United States ($2.93M), Malaysia ($1.22M), Mexico ($922k), and New Zealand ($917k).

Tariffs: In 2018 the average tariff for Artificial Monofilament was 5.56%, been the 742 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Artificial Monofilament are Bangladesh (24.5%), Bahamas (24.5%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Lebanon (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Japan, $4.72M

Top Destination (2018): Saudi Arabia, $3.79M

Artificial Monofilament are the world's 1208th most traded product.

In 2018, the top exporters of Artificial Monofilament were Japan ($4.72M), China ($4.01M), Singapore ($1.98M), United States ($1.03M), and South Korea ($775k).

In 2018, the top importers of Artificial Monofilament were Saudi Arabia ($3.79M), United States ($2.93M), Malaysia ($1.22M), Mexico ($922k), and New Zealand ($917k).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Singapore, $1.98M

Top Destination Growth (2017 - 2018): Saudi Arabia, $1.73M

Between 2017 and 2018, the exports of Artificial Monofilament grew the fastest in Singapore ($1.98M), Bulgaria ($601k), China ($443k), Belgium-Luxembourg ($287k), and Australia ($276k).

Between 2017 and 2018, the fastest growing importers of Artificial Monofilament were Saudi Arabia ($1.73M), United States ($934k), Bangladesh ($482k), Romania ($418k), and Vietnam ($404k).

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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 Artificial Monofilament.

In 2018,  market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Artificial Monofilament are explained by 13 countries.

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TOP NET EXPORTER (2018): Japan, $4.37M

TOP NET IMPORTER (2018): United States, $1.9M

This map shows which countries export or import more of Artificial Monofilament. Each country is colored based on the difference in exports and imports of Artificial Monofilament during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Artificial Monofilament were Japan ($4.37M), China ($3.21M), Singapore ($1.95M), South Korea ($696k), and Netherlands ($638k).

In 2018, the countries that had a largest trade value in imports than in exports of Artificial Monofilament were United States ($1.9M), Malaysia ($1.22M), New Zealand ($913k), Mexico ($831k), and Romania ($681k).

Import Tariffs

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In 2018, the average tariff for importing Artificial Monofilament was 5.56%.  The countries with the highest tariffs for importing Artificial Monofilament were Bangladesh (24.5%), Bahamas (24.5%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%).

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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.