HS Icon Communion wafers, rice paper, bakers wares nes

190590 (Harmonized System 1992 for 6-digit)

World Trade (2019): $23B, Rnk 116 / 4648

Top Exporter (2019): $2.77B, Germany

Top Importer (2019): $3.69B, United States

Product Complexity (2019): -0.24, Rnk 2976 / 4826

Export Growth (CAGR)(2018 - 2019): 2.44%, Rnk 1082 / 4648

Mean Tariff (2018): 22.4%, Rnk 450 / 6538

Share of World Trade (2019): 0.13%, Rnk 116 / 4648

Overview:  This page contains the latest trade data of Communion wafers, rice paper, bakers wares nes. In 2019, Communion wafers, rice paper, bakers wares nes were the world's 116th most traded product, with a total trade of $23B. Between 2018 and 2019 the exports of Communion wafers, rice paper, bakers wares nes grew by 2.44%, from  $22.4B to $23B. Trade in Communion wafers, rice paper, bakers wares nes represent 0.13% of total world trade.

Exports: In 2019 the top exporters of Communion wafers, rice paper, bakers wares nes  were Germany ($2.77B), Canada ($2.15B), France ($1.95B), United States ($1.73B), and Italy ($1.72B).

Imports: In 2019 the top importers of Communion wafers, rice paper, bakers wares nes were United States ($3.69B), United Kingdom ($2.02B), Germany ($1.7B), France ($1.36B), and Canada ($1.25B).

Tariffs: In 2018 the average tariff for Communion wafers, rice paper, bakers wares nes was 22.4%, making it the 450th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Communion wafers, rice paper, bakers wares nes are Syria (73.5%), Bulgaria (50.5%), Cyprus (48.3%), Tunisia (36%), and Hungary (35.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Bosnia and Herzegovina (0%), and Switzerland (0%).

Ranking: Communion wafers, rice paper, bakers wares nes ranks 2976th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $2.77B

Top Destination (2019): United States, $3.69B

Communion wafers, rice paper, bakers wares nes are the world's 116th most traded product.

In 2019, the top exporters of Communion wafers, rice paper, bakers wares nes were Germany ($2.77B), Canada ($2.15B), France ($1.95B), United States ($1.73B), and Italy ($1.72B).

In 2019, the top importers of Communion wafers, rice paper, bakers wares nes were United States ($3.69B), United Kingdom ($2.02B), Germany ($1.7B), France ($1.36B), and Canada ($1.25B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Canada, $220M

Top Destination Growth (2018 - 2019): United States, $292M

Between 2018 and 2019, the exports of Communion wafers, rice paper, bakers wares nes grew the fastest in Canada ($220M), Italy ($143M), Ireland ($104M), United States ($80.5M), and Spain ($72.3M).

Between 2018 and 2019, the fastest growing importers of Communion wafers, rice paper, bakers wares nes were United States ($292M), United Kingdom ($118M), Canada ($50.5M), Australia ($34.4M), and China ($26.2M).

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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 Communion wafers, rice paper, bakers wares nes.

In 2019,  market concentration measured using Shannon Entropy, was 4.89. This means that most of the exports of Communion wafers, rice paper, bakers wares nes are explained by 29 countries.

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TOP NET EXPORTER (2019): Italy, $1.12B

TOP NET IMPORTER (2019): United States, $1.96B

This map shows which countries export or import more of Communion wafers, rice paper, bakers wares nes. Each country is colored based on the difference in exports and imports of Communion wafers, rice paper, bakers wares nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Communion wafers, rice paper, bakers wares nes were Italy ($1.12B), Germany ($1.07B), Canada ($897M), Belgium ($790M), and France ($591M).

In 2019, the countries that had a largest trade value in imports than in exports of Communion wafers, rice paper, bakers wares nes were United States ($1.96B), United Kingdom ($1.36B), Australia ($374M), Switzerland ($294M), and Norway ($259M).

Import Tariffs

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In 2018, the average tariff for importing Communion wafers, rice paper, bakers wares nes was 22.4%.  The countries with the highest tariffs for importing Communion wafers, rice paper, bakers wares nes were Syria (73.5%), Bulgaria (50.5%), Cyprus (48.3%), Tunisia (36%), and Hungary (35.4%).

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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.