HS Icon Coral and Shells

0508 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $167M, Rnk 1146 / 1217

2019
Top Exporter | Top Importer
: $46.8M | $33.8M, Japan | Hong Kong

2018 - 2019
Export Growth (CAGR)
: -1.74%, Rnk 534 / 1217

2018
Mean Tariff
: 9.59%, Rnk 450 / 1259

 2019
Share of World Trade
: 0.00092%, Rnk 1146 / 1217

Overview:  This page contains the latest trade data of Coral and Shells. In 2019, Coral and Shells were the world's 1146th most traded product, with a total trade of $167M. Between 2018 and 2019 the exports of Coral and Shells decreased by -1.74%, from  $170M to $167M. Trade in Coral and Shells represent 0.00092% of total world trade.

Exports: In 2019 the top exporters of Coral and Shells  were Japan ($46.8M), Australia ($17.5M), China ($11.9M), Indonesia ($6.64M), and Chinese Taipei ($6.54M).

Imports: In 2019 the top importers of Coral and Shells were Hong Kong ($33.8M), China ($19M), United States ($17.8M), Chinese Taipei ($17.4M), and France ($11.9M).

Tariffs: In 2018 the average tariff for Coral and Shells was 9.59%, making it the 450th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Coral and Shells are Iran (40%), Tunisia (36%), Bahamas (31.2%), Ethiopia (29.7%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Exporters and Importers

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Trade By Country

Top Origin (2019): Japan, $46.8M

Top Destination (2019): Hong Kong, $33.8M

Coral and Shells are the world's 1146th most traded product.

In 2019, the top exporters of Coral and Shells were Japan ($46.8M), Australia ($17.5M), China ($11.9M), Indonesia ($6.64M), and Chinese Taipei ($6.54M).

In 2019, the top importers of Coral and Shells were Hong Kong ($33.8M), China ($19M), United States ($17.8M), Chinese Taipei ($17.4M), and France ($11.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Australia, $6.2M

Top Destination Growth (2018 - 2019): Hong Kong, $9.81M

Between 2018 and 2019, the exports of Coral and Shells grew the fastest in Australia ($6.2M), Japan ($2.9M), China ($1.44M), Canada ($1.05M), and Denmark ($895k).

Between 2018 and 2019, the fastest growing importers of Coral and Shells were Hong Kong ($9.81M), United Arab Emirates ($1.69M), Germany ($1.23M), United States ($936k), and Netherlands ($883k).

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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 Coral and Shells.

In 2019,  market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Coral and Shells are explained by 20 countries.

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TOP NET EXPORTER (2019): Japan, $39.2M

TOP NET IMPORTER (2019): Hong Kong, $32.2M

This map shows which countries export or import more of Coral and Shells. Each country is colored based on the difference in exports and imports of Coral and Shells during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Coral and Shells were Japan ($39.2M), Australia ($17.1M), Indonesia ($6.01M), Philippines ($4.94M), and Tunisia ($4.09M).

In 2019, the countries that had a largest trade value in imports than in exports of Coral and Shells were Hong Kong ($32.2M), United States ($13.9M), Chinese Taipei ($10.9M), France ($9.59M), and China ($7.14M).

Disaggregation

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Value

In 2019, the world most traded Coral and Shells, disaggragated by their HS6 level were Coral,seashell,cuttle bone,etc, unworked,powder,waste ($167M)

Import Tariffs

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In 2018, the average tariff for importing Coral and Shells was 9.59%.  The countries with the highest tariffs for importing Coral and Shells were Iran (40%), Tunisia (36%), Bahamas (31.2%), Ethiopia (29.7%), and Cameroon (29.4%).

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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.