HS Icon Cellulose derivatives nes, in primary forms

391290 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.16B, Rnk 1869 / 4726

Top Exporter (2018): $369M, United States

Top Importer (2018): $123M, China

Export Growth (CAGR)(2017 - 2018): 10.4%, Rnk 2615 / 4726

Mean Tariff (2018): 3.9%, Rnk 5078 / 6538

Share of World Trade (2018): 0.0063%, Rnk 1869 / 4726

Overview:  This page contains the latest trade data of Cellulose derivatives nes, in primary forms. In 2018, Cellulose derivatives nes, in primary forms were the world's 1869th most traded product, with a total trade of $1.16B. Between 2017 and 2018 the exports of Cellulose derivatives nes, in primary forms grew by 10.4%, from  $1.05B to $1.16B. Trade in Cellulose derivatives nes, in primary forms represent 0.0063% of total world trade.

Exports: In 2018 the top exporters of Cellulose derivatives nes, in primary forms  were United States ($369M), Germany ($153M), Ireland ($138M), China ($72.5M), and Chinese Taipei ($60.5M).

Imports: In 2018 the top importers of Cellulose derivatives nes, in primary forms were China ($123M), India ($90.6M), United States ($74M), Japan ($65.7M), and Germany ($62.6M).

Tariffs: In 2018 the average tariff for Cellulose derivatives nes, in primary forms was 3.9%, been the 5078 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cellulose derivatives nes, in primary forms are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Aruba (12%), and Pakistan (10.8%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $369M

Top Destination (2018): China, $123M

Cellulose derivatives nes, in primary forms are the world's 1869th most traded product.

In 2018, the top exporters of Cellulose derivatives nes, in primary forms were United States ($369M), Germany ($153M), Ireland ($138M), China ($72.5M), and Chinese Taipei ($60.5M).

In 2018, the top importers of Cellulose derivatives nes, in primary forms were China ($123M), India ($90.6M), United States ($74M), Japan ($65.7M), and Germany ($62.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Ireland, $32.7M

Top Destination Growth (2017 - 2018): India, $17.7M

Between 2017 and 2018, the exports of Cellulose derivatives nes, in primary forms grew the fastest in Ireland ($32.7M), China ($20.9M), Thailand ($17.4M), Germany ($15M), and Chinese Taipei ($12.7M).

Between 2017 and 2018, the fastest growing importers of Cellulose derivatives nes, in primary forms were India ($17.7M), Russia ($10.1M), Germany ($8.18M), United States ($8.11M), and Iraq ($7.6M).

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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 Cellulose derivatives nes, in primary forms.

In 2018,  market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Cellulose derivatives nes, in primary forms are explained by 12 countries.

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TOP NET EXPORTER (2018): United States, $295M

TOP NET IMPORTER (2018): China, $50.9M

This map shows which countries export or import more of Cellulose derivatives nes, in primary forms. Each country is colored based on the difference in exports and imports of Cellulose derivatives nes, in primary forms during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cellulose derivatives nes, in primary forms were United States ($295M), Ireland ($129M), Germany ($90.8M), Chinese Taipei ($53.5M), and Thailand ($21.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Cellulose derivatives nes, in primary forms were China ($50.9M), India ($49.1M), Italy ($37.7M), Mexico ($32.7M), and Indonesia ($27.4M).

Trade Forecasts

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This section shows forecasts for total trade for Cellulose derivatives nes, in primary forms. 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 Cellulose derivatives nes, in primary forms was 3.9%.  The countries with the highest tariffs for importing Cellulose derivatives nes, in primary forms were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Aruba (12%), and Pakistan (10.8%).

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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.