Blankets6301 (Harmonized System 1992 for 4-digit)
World Trade (2018): $4.68B, Rnk 523 / 1225
Top Exporter (2018): $3.48B, China
Top Importer (2018): $1.26B, United States
Product Complexity (2018): -1.14, Rnk 850 / 1018
Export Growth (CAGR)(2017 - 2018): 9.9%, Rnk 781 / 1225
Mean Tariff (2018): 21.4%, Rnk 95 / 1259
Share of World Trade (2018): 0.025%, Rnk 523 / 1225
Overview: This page contains the latest trade data of Blankets. In 2018, Blankets were the world's 523rd most traded product, with a total trade of $4.68B. Between 2017 and 2018 the exports of Blankets grew by 9.9%, from $4.26B to $4.68B. Trade in Blankets represent 0.025% of total world trade.
Exports: In 2018 the top exporters of Blankets were China ($3.48B), India ($174M), Germany ($74.5M), United Arab Emirates ($71.3M), and Paraguay ($52.3M).
Imports: In 2018 the top importers of Blankets were United States ($1.26B), Japan ($246M), Germany ($219M), United Kingdom ($167M), and Saudi Arabia ($145M).
Tariffs: In 2018 the average tariff for Blankets was 21.4%, been the 95 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Blankets are Iran (95%), Syria (73.5%), Bolivia (38.4%), Ethiopia (34.7%), and Brazil (33.6%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Singapore (0%), and Switzerland (0%).
Ranking: Blankets ranks 850th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): China, $3.48B
Top Destination (2018): United States, $1.26B
Blankets are the world's 523rd most traded product.
In 2018, the top exporters of Blankets were China ($3.48B), India ($174M), Germany ($74.5M), United Arab Emirates ($71.3M), and Paraguay ($52.3M).
In 2018, the top importers of Blankets were United States ($1.26B), Japan ($246M), Germany ($219M), United Kingdom ($167M), and Saudi Arabia ($145M).
Trade by country
Between 2017 and 2018, the exports of Blankets grew the fastest in China ($220M), United Arab Emirates ($57.7M), Slovakia ($29.8M), United States ($18.1M), and Belgium-Luxembourg ($17.3M).
Between 2017 and 2018, the fastest growing importers of Blankets were Canada ($86.7M), United States ($53.8M), Germany ($35.1M), Kazakhstan ($31.9M), and Japan ($29.2M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Blankets.
In 2018, market concentration measured using Shannon Entropy, was 2.14. This means that most of the exports of Blankets are explained by 4 countries.
TOP NET EXPORTER (2018): China, $3.45B
TOP NET IMPORTER (2018): United States, $1.23B
This map shows which countries export or import more of Blankets. Each country is colored based on the difference in exports and imports of Blankets during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Blankets were China ($3.45B), India ($81.8M), Paraguay ($43.6M), Turkey ($41.2M), and Slovakia ($24.6M).
In 2018, the countries that had a largest trade value in imports than in exports of Blankets were United States ($1.23B), Japan ($237M), Germany ($144M), Saudi Arabia ($139M), and United Kingdom ($136M).
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.
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