Chemical Analysis Instruments9027 (Harmonized System 1992 for 4-digit)
World Trade (2018): $45.6B, Rnk 82 / 1225
Top Exporter (2018): $9.09B, Germany
Top Importer (2018): $6.61B, United States
Product Complexity (2018): 1.78, Rnk 17 / 1018
Export Growth (CAGR)(2017 - 2018): 9.54%, Rnk 801 / 1225
Mean Tariff (2018): 3.51%, Rnk 1078 / 1259
Share of World Trade (2018): 0.25%, Rnk 82 / 1225
Overview: This page contains the latest trade data of Chemical Analysis Instruments. In 2018, Chemical Analysis Instruments were the world's 82nd most traded product, with a total trade of $45.6B. Between 2017 and 2018 the exports of Chemical Analysis Instruments grew by 9.54%, from $41.6B to $45.6B. Trade in Chemical Analysis Instruments represent 0.25% of total world trade.
Exports: In 2018 the top exporters of Chemical Analysis Instruments were Germany ($9.09B), United States ($8.96B), Japan ($4.55B), Singapore ($3.47B), and China ($2.55B).
Imports: In 2018 the top importers of Chemical Analysis Instruments were United States ($6.61B), China ($6.26B), Germany ($4.39B), South Korea ($1.91B), and Netherlands ($1.67B).
Tariffs: In 2018 the average tariff for Chemical Analysis Instruments was 3.51%, been the 1078 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Chemical Analysis Instruments are Bahamas (34.4%), Bermuda (25%), Liberia (18.9%), Maldives (15.2%), and Iran (14.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Chemical Analysis Instruments ranks 17th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $9.09B
Top Destination (2018): United States, $6.61B
Chemical Analysis Instruments are the world's 82nd most traded product.
In 2018, the top exporters of Chemical Analysis Instruments were Germany ($9.09B), United States ($8.96B), Japan ($4.55B), Singapore ($3.47B), and China ($2.55B).
In 2018, the top importers of Chemical Analysis Instruments were United States ($6.61B), China ($6.26B), Germany ($4.39B), South Korea ($1.91B), and Netherlands ($1.67B).
Trade by country
Top Origin Growth (2017 - 2018): Germany, $1.59B
Top Destination Growth (2017 - 2018): United States, $521M
Between 2017 and 2018, the exports of Chemical Analysis Instruments grew the fastest in Germany ($1.59B), Singapore ($519M), Netherlands ($436M), Belgium-Luxembourg ($250M), and United Kingdom ($250M).
Between 2017 and 2018, the fastest growing importers of Chemical Analysis Instruments were United States ($521M), Netherlands ($308M), Germany ($295M), Czechia ($195M), and Italy ($190M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Chemical Analysis Instruments.
In 2018, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Chemical Analysis Instruments are explained by 16 countries.
This map shows which countries export or import more of Chemical Analysis Instruments. Each country is colored based on the difference in exports and imports of Chemical Analysis Instruments during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Chemical Analysis Instruments were Germany ($4.7B), Japan ($2.97B), United States ($2.35B), Singapore ($1.91B), and Switzerland ($959M).
In 2018, the countries that had a largest trade value in imports than in exports of Chemical Analysis Instruments were China ($3.71B), India ($1.21B), South Korea ($1.07B), Hong Kong ($1.03B), and Spain ($566M).
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.2 ant