HS Icon Collections and collectors pieces

970500 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.22B, Rnk 1806 / 4726

Top Exporter (2018): $323M, United States

Top Importer (2018): $326M, United States

Product Complexity (2018): -1.18, Rnk 4195 / 4873

Export Growth (CAGR)(2017 - 2018): 37.3%, Rnk 550 / 4726

Mean Tariff (2018): 5.89%, Rnk 3646 / 6538

Share of World Trade (2018): 0.0067%, Rnk 1806 / 4726

Overview:  This page contains the latest trade data of Collections and collectors pieces. In 2018, Collections and collectors pieces were the world's 1806th most traded product, with a total trade of $1.22B. Between 2017 and 2018 the exports of Collections and collectors pieces grew by 37.3%, from  $890M to $1.22B. Trade in Collections and collectors pieces represent 0.0067% of total world trade.

Exports: In 2018 the top exporters of Collections and collectors pieces  were United States ($323M), United Kingdom ($129M), France ($128M), Germany ($123M), and Switzerland ($88.5M).

Imports: In 2018 the top importers of Collections and collectors pieces were United States ($326M), Switzerland ($138M), Germany ($118M), Hong Kong ($114M), and United Kingdom ($82.9M).

Tariffs: In 2018 the average tariff for Collections and collectors pieces was 5.89%, been the 3646 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Collections and collectors pieces are Cameroon (29.4%), Gabon (29.4%), Uzbekistan (28.7%), Syria (27.6%), and Ecuador (27.1%). The countries with the lowest tariffs are Algeria (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Armenia (0%).

Ranking: Collections and collectors pieces ranks 4195th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $323M

Top Destination (2018): United States, $326M

Collections and collectors pieces are the world's 1806th most traded product.

In 2018, the top exporters of Collections and collectors pieces were United States ($323M), United Kingdom ($129M), France ($128M), Germany ($123M), and Switzerland ($88.5M).

In 2018, the top importers of Collections and collectors pieces were United States ($326M), Switzerland ($138M), Germany ($118M), Hong Kong ($114M), and United Kingdom ($82.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $164M

Top Destination Growth (2017 - 2018): United States, $105M

Between 2017 and 2018, the exports of Collections and collectors pieces grew the fastest in United States ($164M), Germany ($51.7M), France ($38.5M), Saint Vincent and the Grenadines ($25.5M), and United Kingdom ($17.2M).

Between 2017 and 2018, the fastest growing importers of Collections and collectors pieces were United States ($105M), Germany ($48.8M), Canada ($39.5M), France ($37.4M), and United Arab Emirates ($17.4M).

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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 Collections and collectors pieces.

In 2018,  market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Collections and collectors pieces are explained by 17 countries.

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TOP NET EXPORTER (2018): France, $58M

TOP NET IMPORTER (2018): Hong Kong, $95.9M

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

In 2018, the countries that had a largest trade value in exports than in imports of Collections and collectors pieces were France ($58M), United Kingdom ($46.5M), China ($42.2M), Saint Vincent and the Grenadines ($27.1M), and Italy ($25.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Collections and collectors pieces were Hong Kong ($95.9M), Switzerland ($49.3M), United Arab Emirates ($27.7M), Japan ($19.8M), and Canada ($17.1M).

Trade Forecasts

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This section shows forecasts for total trade for Collections and collectors pieces. 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 Collections and collectors pieces was 5.89%.  The countries with the highest tariffs for importing Collections and collectors pieces were Cameroon (29.4%), Gabon (29.4%), Uzbekistan (28.7%), Syria (27.6%), and Ecuador (27.1%).

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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.