HS Icon Electrical lamp-holders, for < 1,000 volts

853661 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $514M, Rnk 2719 / 4648

2019
Top Exporter | Top Importer
: $243M | $68.9M, China | United States

2019
Product Complexity
: 0.26, Rnk 2156 / 4826

2018 - 2019
Export Growth (CAGR)
: -6.65%, Rnk 2916 / 4648

2018
Mean Tariff
: 10.5%, Rnk 2129 / 6538

 2019
Share of World Trade
: 0.0028%, Rnk 2719 / 4648

Overview:  This page contains the latest trade data of Electrical lamp-holders, for < 1,000 volts. In 2019, Electrical lamp-holders, for < 1,000 volts were the world's 2719th most traded product, with a total trade of $514M. Between 2018 and 2019 the exports of Electrical lamp-holders, for < 1,000 volts decreased by -6.65%, from  $551M to $514M. Trade in Electrical lamp-holders, for < 1,000 volts represent 0.0028% of total world trade.

Exports: In 2019 the top exporters of Electrical lamp-holders, for < 1,000 volts  were China ($243M), Germany ($39.5M), Italy ($36.8M), United States ($26.9M), and Mexico ($25M).

Imports: In 2019 the top importers of Electrical lamp-holders, for < 1,000 volts were United States ($68.9M), Mexico ($33M), United Kingdom ($32.6M), Germany ($24.6M), and Russia ($16.7M).

Tariffs: In 2018 the average tariff for Electrical lamp-holders, for < 1,000 volts was 10.5%, making it the 2129th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Electrical lamp-holders, for < 1,000 volts are Bahamas (40.2%), Iran (35%), Bangladesh (25%), Bermuda (25%), and Turkmenistan (20%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Electrical lamp-holders, for < 1,000 volts ranks 2156th in the Product Complexity Index (PCI).

Description: A common use of electrical lamp-holders for less than 1,000 volts is to hold and support lamps. They are usually placed on the side of a wall, ceiling, or other structure. They are not costly, easy to install, and come in a variety of different shapes and sizes.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $243M

Top Destination (2019): United States, $68.9M

Electrical lamp-holders, for < 1,000 volts are the world's 2719th most traded product.

In 2019, the top exporters of Electrical lamp-holders, for < 1,000 volts were China ($243M), Germany ($39.5M), Italy ($36.8M), United States ($26.9M), and Mexico ($25M).

In 2019, the top importers of Electrical lamp-holders, for < 1,000 volts were United States ($68.9M), Mexico ($33M), United Kingdom ($32.6M), Germany ($24.6M), and Russia ($16.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Philippines, $4.35M

Top Destination Growth (2018 - 2019): Malaysia, $3.78M

Between 2018 and 2019, the exports of Electrical lamp-holders, for < 1,000 volts grew the fastest in Philippines ($4.35M), China ($3.82M), United Kingdom ($3.69M), Sweden ($862k), and India ($740k).

Between 2018 and 2019, the fastest growing importers of Electrical lamp-holders, for < 1,000 volts were Malaysia ($3.78M), Iraq ($2.43M), Yemen ($2.26M), Saudi Arabia ($1.51M), and Tanzania ($1.48M).

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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 Electrical lamp-holders, for < 1,000 volts.

In 2019,  market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Electrical lamp-holders, for < 1,000 volts are explained by 10 countries.

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TOP NET EXPORTER (2019): China, $233M

TOP NET IMPORTER (2019): United States, $42M

This map shows which countries export or import more of Electrical lamp-holders, for < 1,000 volts. Each country is colored based on the difference in exports and imports of Electrical lamp-holders, for < 1,000 volts during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Electrical lamp-holders, for < 1,000 volts were China ($233M), Italy ($28.1M), Germany ($14.9M), Japan ($9.49M), and Serbia ($3.97M).

In 2019, the countries that had a largest trade value in imports than in exports of Electrical lamp-holders, for < 1,000 volts were United States ($42M), Russia ($16M), United Kingdom ($15.5M), France ($9.09M), and Brazil ($9.06M).

Import Tariffs

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In 2018, the average tariff for importing Electrical lamp-holders, for < 1,000 volts was 10.5%.  The countries with the highest tariffs for importing Electrical lamp-holders, for < 1,000 volts were Bahamas (40.2%), Iran (35%), Bangladesh (25%), Bermuda (25%), and Turkmenistan (20%).

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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.