HS Icon Cargo containers designed for carriage

860900 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Cargo containers designed for carriage. In 2019, Cargo containers designed for carriage were the world's 621st most traded product, with a total trade of $4.93B. Between 2018 and 2019 the exports of Cargo containers designed for carriage grew by 7.58%, from $4.58B to $4.93B. Trade in Cargo containers designed for carriage represent 0.027% of total world trade.

Exports In 2019 the top exporters of Cargo containers designed for carriage  were China ($1.81B), Guyana ($510M), United States ($412M), France ($182M), and Poland ($174M).

Imports In 2019 the top importers of Cargo containers designed for carriage were United States ($637M), Germany ($332M), Trinidad and Tobago ($316M), Singapore ($235M), and Japan ($220M).

Tariffs In 2018 the average tariff for Cargo containers designed for carriage was 5.11%, making it the 4146th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cargo containers designed for carriage are Bahamas (40.2%), Bermuda (25%), and Maldives (24.5%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).

Description Cargo containers are used by many different industries for shipping goods. They are typically made from corrugated steel and are designed to fit in standard shipping containers. The most common uses are shipping containers for shipping goods across the ocean.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.81B

Top Destination (2019): United States, $637M

Cargo containers designed for carriage are the world's 621st most traded product.

In 2019, the top exporters of Cargo containers designed for carriage were China ($1.81B), Guyana ($510M), United States ($412M), France ($182M), and Poland ($174M).

In 2019, the top importers of Cargo containers designed for carriage were United States ($637M), Germany ($332M), Trinidad and Tobago ($316M), Singapore ($235M), and Japan ($220M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Guyana, $509M

Top Destination Growth (2018 - 2019): Trinidad and Tobago, $306M

Between 2018 and 2019, the exports of Cargo containers designed for carriage grew the fastest in Guyana ($509M), Trinidad and Tobago ($79.4M), France ($31.9M), Czechia ($16.5M), and Singapore ($14.9M).

Between 2018 and 2019, the fastest growing importers of Cargo containers designed for carriage were Trinidad and Tobago ($306M), Singapore ($132M), Panama ($108M), South Korea ($86.4M), and Colombia ($84.7M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Cargo containers designed for carriage.

In 2019,  market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Cargo containers designed for carriage are explained by 15 countries.

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TOP NET EXPORTER (2019): China, $1.75B

TOP NET IMPORTER (2019): Trinidad and Tobago, $236M

This map shows which countries export or import more of Cargo containers designed for carriage. Each country is colored based on the difference in exports and imports of Cargo containers designed for carriage during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Cargo containers designed for carriage were China ($1.75B), Guyana ($425M), Poland ($131M), Slovakia ($103M), and South Africa ($93.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Cargo containers designed for carriage were Trinidad and Tobago ($236M), United States ($225M), Japan ($199M), Singapore ($183M), and Germany ($178M).

Import Tariffs

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In 2018, the average tariff for importing Cargo containers designed for carriage was 5.11%. The countries with the highest tariffs for importing Cargo containers designed for carriage were Bahamas (40.2%), Bermuda (25%), and Maldives (24.5%).

Product Complexity

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Diversification Frontier

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Specialization

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.