HS Icon Blades for leather, paper, tobacco etc. industries

820890 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.31B, Rnk 1737 / 4726

Top Exporter (2018): $280M, Germany

Top Importer (2018): $179M, United States

Product Complexity (2018): 0.83, Rnk 1067 / 4873

Export Growth (CAGR)(2017 - 2018): 39.9%, Rnk 492 / 4726

Mean Tariff (2018): 6.61%, Rnk 3349 / 6538

Share of World Trade (2018): 0.0071%, Rnk 1737 / 4726

Overview:  This page contains the latest trade data of Blades for leather, paper, tobacco etc. industries. In 2018, Blades for leather, paper, tobacco etc. industries were the world's 1737th most traded product, with a total trade of $1.31B. Between 2017 and 2018 the exports of Blades for leather, paper, tobacco etc. industries grew by 39.9%, from  $937M to $1.31B. Trade in Blades for leather, paper, tobacco etc. industries represent 0.0071% of total world trade.

Exports: In 2018 the top exporters of Blades for leather, paper, tobacco etc. industries  were Germany ($280M), Japan ($153M), China ($107M), United States ($89.1M), and Switzerland ($85.6M).

Imports: In 2018 the top importers of Blades for leather, paper, tobacco etc. industries were United States ($179M), China ($101M), Germany ($99.3M), Mexico ($57.2M), and Italy ($51.1M).

Tariffs: In 2018 the average tariff for Blades for leather, paper, tobacco etc. industries was 6.61%, been the 3349 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Blades for leather, paper, tobacco etc. industries are Bermuda (25%), Malawi (22.6%), Bahamas (22.3%), Sudan (21.9%), and Romania (21.4%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Blades for leather, paper, tobacco etc. industries ranks 1067th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $280M

Top Destination (2018): United States, $179M

Blades for leather, paper, tobacco etc. industries are the world's 1737th most traded product.

In 2018, the top exporters of Blades for leather, paper, tobacco etc. industries were Germany ($280M), Japan ($153M), China ($107M), United States ($89.1M), and Switzerland ($85.6M).

In 2018, the top importers of Blades for leather, paper, tobacco etc. industries were United States ($179M), China ($101M), Germany ($99.3M), Mexico ($57.2M), and Italy ($51.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $56.1M

Top Destination Growth (2017 - 2018): United States, $178M

Between 2017 and 2018, the exports of Blades for leather, paper, tobacco etc. industries grew the fastest in Germany ($56.1M), Japan ($50M), United States ($35.9M), Switzerland ($26.6M), and Chinese Taipei ($21.2M).

Between 2017 and 2018, the fastest growing importers of Blades for leather, paper, tobacco etc. industries were United States ($178M), Mexico ($57.2M), Singapore ($18.2M), Hong Kong ($15M), and Australia ($13.9M).

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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 Blades for leather, paper, tobacco etc. industries.

In 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Blades for leather, paper, tobacco etc. industries are explained by 19 countries.

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TOP NET EXPORTER (2018): Germany, $180M

TOP NET IMPORTER (2018): United States, $89.7M

This map shows which countries export or import more of Blades for leather, paper, tobacco etc. industries. Each country is colored based on the difference in exports and imports of Blades for leather, paper, tobacco etc. industries during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Blades for leather, paper, tobacco etc. industries were Germany ($180M), Japan ($126M), Switzerland ($69.9M), Austria ($39.6M), and Chinese Taipei ($27.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Blades for leather, paper, tobacco etc. industries were United States ($89.7M), Mexico ($48.3M), Russia ($23M), Indonesia ($21.3M), and Malaysia ($16.1M).

Trade Forecasts

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This section shows forecasts for total trade for Blades for leather, paper, tobacco etc. industries. 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 Blades for leather, paper, tobacco etc. industries was 6.61%.  The countries with the highest tariffs for importing Blades for leather, paper, tobacco etc. industries were Bermuda (25%), Malawi (22.6%), Bahamas (22.3%), Sudan (21.9%), and Romania (21.4%).

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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.