HS Icon Electric conductors, nes < 80 volts, no connectors

854449 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $27.7B, Rnk 90 / 4648

2019
Top Exporter | Top Importer
: $4.51B | $2.33B, China | Germany

2019
Product Complexity
: -0.19, Rnk 2918 / 4826

2018 - 2019
Export Growth (CAGR)
: -7.4%, Rnk 3033 / 4648

2018
Mean Tariff
: 8.41%, Rnk 2718 / 6538

 2019
Share of World Trade
: 0.15%, Rnk 90 / 4648

Overview:  This page contains the latest trade data of Electric conductors, nes < 80 volts, no connectors. In 2019, Electric conductors, nes < 80 volts, no connectors were the world's 90th most traded product, with a total trade of $27.7B. Between 2018 and 2019 the exports of Electric conductors, nes < 80 volts, no connectors decreased by -7.4%, from  $29.9B to $27.7B. Trade in Electric conductors, nes < 80 volts, no connectors represent 0.15% of total world trade.

Exports: In 2019 the top exporters of Electric conductors, nes < 80 volts, no connectors  were China ($4.51B), Germany ($2.4B), United States ($2.39B), Italy ($1.88B), and Turkey ($1.47B).

Imports: In 2019 the top importers of Electric conductors, nes < 80 volts, no connectors were Germany ($2.33B), United States ($1.96B), Mexico ($1.45B), United Kingdom ($1.24B), and China ($1.09B).

Tariffs: In 2018 the average tariff for Electric conductors, nes < 80 volts, no connectors was 8.41%, making it the 2718th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Electric conductors, nes < 80 volts, no connectors are Iran (40%), Sudan (35%), Argentina (33.4%), Bahamas (31.6%), and Fiji (31.1%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Nepal (0%), and Singapore (0%).

Ranking: Electric conductors, nes < 80 volts, no connectors ranks 2918th in the Product Complexity Index (PCI).

Description: Electric conductors, < 80 volts, no connectors are used for power distribution, power generation, and transmission.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $4.51B

Top Destination (2019): Germany, $2.33B

Electric conductors, nes < 80 volts, no connectors are the world's 90th most traded product.

In 2019, the top exporters of Electric conductors, nes < 80 volts, no connectors were China ($4.51B), Germany ($2.4B), United States ($2.39B), Italy ($1.88B), and Turkey ($1.47B).

In 2019, the top importers of Electric conductors, nes < 80 volts, no connectors were Germany ($2.33B), United States ($1.96B), Mexico ($1.45B), United Kingdom ($1.24B), and China ($1.09B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): India, $95.1M

Top Destination Growth (2018 - 2019): Vietnam, $156M

Between 2018 and 2019, the exports of Electric conductors, nes < 80 volts, no connectors grew the fastest in India ($95.1M), Malaysia ($42.2M), Cambodia ($40.4M), Indonesia ($28.9M), and United Arab Emirates ($22M).

Between 2018 and 2019, the fastest growing importers of Electric conductors, nes < 80 volts, no connectors were Vietnam ($156M), Nigeria ($80.3M), Indonesia ($29.8M), Cambodia ($25.6M), and Iraq ($22.6M).

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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 Electric conductors, nes < 80 volts, no connectors.

In 2019,  market concentration measured using Shannon Entropy, was 4.91. This means that most of the exports of Electric conductors, nes < 80 volts, no connectors are explained by 30 countries.

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TOP NET EXPORTER (2019): China, $3.42B

TOP NET IMPORTER (2019): United Kingdom, $686M

This map shows which countries export or import more of Electric conductors, nes < 80 volts, no connectors. Each country is colored based on the difference in exports and imports of Electric conductors, nes < 80 volts, no connectors during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Electric conductors, nes < 80 volts, no connectors were China ($3.42B), Italy ($1.49B), Turkey ($1.32B), South Korea ($631M), and United States ($428M).

In 2019, the countries that had a largest trade value in imports than in exports of Electric conductors, nes < 80 volts, no connectors were United Kingdom ($686M), Hong Kong ($650M), Philippines ($414M), Australia ($380M), and Canada ($373M).

Import Tariffs

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In 2018, the average tariff for importing Electric conductors, nes < 80 volts, no connectors was 8.41%.  The countries with the highest tariffs for importing Electric conductors, nes < 80 volts, no connectors were Iran (40%), Sudan (35%), Argentina (33.4%), Bahamas (31.6%), and Fiji (31.1%).

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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.