HS Icon Carbon-based Electronics

8545 (Harmonized System 1992 for 4-digit)

World Trade (2018): $11.4B, Rnk 300 / 1225

Top Exporter (2018): $3.91B, China

Top Importer (2018): $845M, United States

Product Complexity (2018): 0.77, Rnk 254 / 1018

Export Growth (CAGR)(2017 - 2018): 140%, Rnk 8 / 1225

Mean Tariff (2018): 6.17%, Rnk 683 / 1259

Share of World Trade (2018): 0.062%, Rnk 300 / 1225

Overview:  This page contains the latest trade data of Carbon-based Electronics. In 2018, Carbon-based Electronics were the world's 300th most traded product, with a total trade of $11.4B. Between 2017 and 2018 the exports of Carbon-based Electronics grew by 140%, from  $4.74B to $11.4B. Trade in Carbon-based Electronics represent 0.062% of total world trade.

Exports: In 2018 the top exporters of Carbon-based Electronics  were China ($3.91B), India ($1.04B), Japan ($960M), Spain ($927M), and Germany ($721M).

Imports: In 2018 the top importers of Carbon-based Electronics were United States ($845M), Russia ($622M), South Korea ($543M), Turkey ($541M), and Italy ($533M).

Tariffs: In 2018 the average tariff for Carbon-based Electronics was 6.17%, been the 683 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Carbon-based Electronics are Bahamas (40.2%), Ethiopia (27.2%), Maldives (25.4%), Bermuda (25%), and Samoa (20%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Carbon-based Electronics ranks 254th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $3.91B

Top Destination (2018): United States, $845M

Carbon-based Electronics are the world's 300th most traded product.

In 2018, the top exporters of Carbon-based Electronics were China ($3.91B), India ($1.04B), Japan ($960M), Spain ($927M), and Germany ($721M).

In 2018, the top importers of Carbon-based Electronics were United States ($845M), Russia ($622M), South Korea ($543M), Turkey ($541M), and Italy ($533M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $2.26B

Top Destination Growth (2017 - 2018): United States, $786M

Between 2017 and 2018, the exports of Carbon-based Electronics grew the fastest in China ($2.26B), India ($838M), Spain ($676M), Japan ($577M), and Germany ($401M).

Between 2017 and 2018, the fastest growing importers of Carbon-based Electronics were United States ($786M), Italy ($382M), South Korea ($353M), Turkey ($322M), and Iran ($262M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Carbon-based Electronics.

In 2018,  market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Carbon-based Electronics are explained by 12 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $3.76B

TOP NET IMPORTER (2018): Turkey, $532M

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

In 2018, the countries that had a largest trade value in exports than in imports of Carbon-based Electronics were China ($3.76B), India ($810M), Japan ($782M), Spain ($709M), and France ($337M).

In 2018, the countries that had a largest trade value in imports than in exports of Carbon-based Electronics were Turkey ($532M), South Korea ($502M), Canada ($489M), United States ($465M), and Italy ($451M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Carbon-based Electronics. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Carbon-based Electronics was 6.17%.  The countries with the highest tariffs for importing Carbon-based Electronics were Bahamas (40.2%), Ethiopia (27.2%), Maldives (25.4%), Bermuda (25%), and Samoa (20%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.