HS Icon Cyclohexane

290211 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.31B, Rnk 1740 / 4726

Top Exporter (2018): $357M, Saudi Arabia

Top Importer (2018): $684M, Belgium-Luxembourg

Product Complexity (2018): 0.64, Rnk 1403 / 4873

Export Growth (CAGR)(2017 - 2018): 13%, Rnk 2199 / 4726

Mean Tariff (2018): 3.4%, Rnk 5464 / 6538

Share of World Trade (2018): 0.0071%, Rnk 1740 / 4726

Overview:  This page contains the latest trade data of Cyclohexane. In 2018, Cyclohexane were the world's 1740th most traded product, with a total trade of $1.31B. Between 2017 and 2018 the exports of Cyclohexane grew by 13%, from  $1.16B to $1.31B. Trade in Cyclohexane represent 0.0071% of total world trade.

Exports: In 2018 the top exporters of Cyclohexane  were Saudi Arabia ($357M), United States ($212M), Netherlands ($149M), Belgium-Luxembourg ($124M), and Spain ($124M).

Imports: In 2018 the top importers of Cyclohexane were Belgium-Luxembourg ($684M), France ($251M), Mexico ($77.4M), South Korea ($71.2M), and Germany ($65.2M).

Tariffs: In 2018 the average tariff for Cyclohexane was 3.4%, been the 5464 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cyclohexane are Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Cyclohexane ranks 1403rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Saudi Arabia, $357M

Top Destination (2018): Belgium-Luxembourg, $684M

Cyclohexane are the world's 1740th most traded product.

In 2018, the top exporters of Cyclohexane were Saudi Arabia ($357M), United States ($212M), Netherlands ($149M), Belgium-Luxembourg ($124M), and Spain ($124M).

In 2018, the top importers of Cyclohexane were Belgium-Luxembourg ($684M), France ($251M), Mexico ($77.4M), South Korea ($71.2M), and Germany ($65.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $96.9M

Top Destination Growth (2017 - 2018): France, $73.2M

Between 2017 and 2018, the exports of Cyclohexane grew the fastest in Belgium-Luxembourg ($96.9M), Saudi Arabia ($76.5M), Japan ($37.1M), India ($18.3M), and Thailand ($14.8M).

Between 2017 and 2018, the fastest growing importers of Cyclohexane were France ($73.2M), South Korea ($35.3M), Belgium-Luxembourg ($27M), Germany ($12.7M), and Indonesia ($5.63M).

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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 Cyclohexane.

In 2018,  market concentration measured using Shannon Entropy, was 3.15. This means that most of the exports of Cyclohexane are explained by 8 countries.

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TOP NET EXPORTER (2018): Saudi Arabia, $357M

TOP NET IMPORTER (2018): Belgium-Luxembourg, $560M

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

In 2018, the countries that had a largest trade value in exports than in imports of Cyclohexane were Saudi Arabia ($357M), United States ($212M), Netherlands ($109M), Spain ($102M), and Thailand ($86.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Cyclohexane were Belgium-Luxembourg ($560M), France ($251M), Mexico ($76.9M), South Korea ($64.4M), and Chinese Taipei ($7.1M).

Trade Forecasts

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This section shows forecasts for total trade for Cyclohexane. 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 Cyclohexane was 3.4%.  The countries with the highest tariffs for importing Cyclohexane were Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (12.2%).

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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.