Drafting Tools9017 (Harmonized System 1992 for 4-digit)
World Trade (2018): $2.23B, Rnk 712 / 1225
Top Exporter (2018): $735M, China
Top Importer (2018): $227M, United States
Product Complexity (2018): 1.58, Rnk 37 / 1018
Export Growth (CAGR)(2017 - 2018): 10.6%, Rnk 739 / 1225
Mean Tariff (2018): 5.06%, Rnk 816 / 1259
Share of World Trade (2018): 0.012%, Rnk 712 / 1225
Overview: This page contains the latest trade data of Drafting Tools. In 2018, Drafting Tools were the world's 712th most traded product, with a total trade of $2.23B. Between 2017 and 2018 the exports of Drafting Tools grew by 10.6%, from $2.02B to $2.23B. Trade in Drafting Tools represent 0.012% of total world trade.
Exports: In 2018 the top exporters of Drafting Tools were China ($735M), Japan ($247M), Germany ($245M), United States ($212M), and Netherlands ($78M).
Imports: In 2018 the top importers of Drafting Tools were United States ($227M), Germany ($195M), China ($107M), Netherlands ($97.3M), and Japan ($89.5M).
Tariffs: In 2018 the average tariff for Drafting Tools was 5.06%, been the 816 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Drafting Tools are Bahamas (34.9%), Ethiopia (29.7%), Bermuda (25%), Algeria (24.3%), and Maldives (17.4%). The countries with the lowest tariffs are Kenya (0%), Mauritius (0%), Rwanda (0%), Tanzania (0%), and Uganda (0%).
Ranking: Drafting Tools ranks 37th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): China, $735M
Top Destination (2018): United States, $227M
Drafting Tools are the world's 712th most traded product.
In 2018, the top exporters of Drafting Tools were China ($735M), Japan ($247M), Germany ($245M), United States ($212M), and Netherlands ($78M).
In 2018, the top importers of Drafting Tools were United States ($227M), Germany ($195M), China ($107M), Netherlands ($97.3M), and Japan ($89.5M).
Trade by country
Top Origin Growth (2017 - 2018): United States, $89.2M
Top Destination Growth (2017 - 2018): Netherlands, $29.3M
Between 2017 and 2018, the exports of Drafting Tools grew the fastest in United States ($89.2M), Netherlands ($48.4M), Thailand ($43.3M), Chinese Taipei ($17.8M), and Belgium-Luxembourg ($11.6M).
Between 2017 and 2018, the fastest growing importers of Drafting Tools were Netherlands ($29.3M), Hong Kong ($23.8M), China ($23.6M), Singapore ($16.6M), and Germany ($15.7M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Drafting Tools.
In 2018, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Drafting Tools are explained by 13 countries.
This map shows which countries export or import more of Drafting Tools. Each country is colored based on the difference in exports and imports of Drafting Tools during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Drafting Tools were China ($627M), Japan ($158M), Germany ($50.1M), Thailand ($38.7M), and Chinese Taipei ($26M).
In 2018, the countries that had a largest trade value in imports than in exports of Drafting Tools were Mexico ($58.7M), Hong Kong ($50.8M), Vietnam ($43.1M), France ($40.9M), and Russia ($36.9M).
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.
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