Overview: This page contains the latest trade data of Centrifuges. In 2018, Centrifuges were the world's 38th most traded product, with a total trade of $68.8B. Between 2017 and 2018 the exports of Centrifuges grew by 12.6%, from $61.1B to $68.8B. Trade in Centrifuges represent 0.37% of total world trade.
Between 2017 and 2018, the fastest growing importers of Centrifuges were United States ($744M), Germany ($576M), China ($572M), Netherlands ($506M), and Japan ($416M).
This chart shows the evolution of the market concentration of exports of Centrifuges.
In 2018, market concentration measured using Shannon Entropy, was 4.46. This means that most of the exports of Centrifuges are explained by 21 countries.
This map shows which countries export or import more of Centrifuges. Each country is colored based on the difference in exports and imports of Centrifuges during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Centrifuges were Germany ($7.23B), China ($2.61B), South Africa ($1.15B), Italy ($1.04B), and Japan ($986M).
In 2018, the countries that had a largest trade value in imports than in exports of Centrifuges were Russia ($1.32B), Canada ($1B), Australia ($804M), Spain ($797M), and Turkey ($672M).
In 2018, the average tariff for importing Centrifuges was 5.11%. The countries with the highest tariffs for importing Centrifuges were Bahamas (37.2%), Maldives (21.8%), Bermuda (18.8%), Pakistan (18.2%), and Zambia (14.4%).
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.