Ethyl acetate291531 (Harmonized System 1992 for 6-digit)
World Trade (2018): $1.63B, Rnk 1523 / 4726
Top Exporter (2018): $465M, China
Top Importer (2018): $214M, Belgium-Luxembourg
Product Complexity (2018): 0.49, Rnk 1002 / 2722
Export Growth (CAGR)(2017 - 2018): 34.1%, Rnk 646 / 4726
Mean Tariff (2018): 5.64%, Rnk 3774 / 6538
Share of World Trade (2018): 0.0088%, Rnk 1523 / 4726
Overview: This page contains the latest trade data of Ethyl acetate. In 2018, Ethyl acetate were the world's 1523rd most traded product, with a total trade of $1.63B. Between 2017 and 2018 the exports of Ethyl acetate grew by 34.1%, from $1.21B to $1.63B. Trade in Ethyl acetate represent 0.0088% of total world trade.
Exports: In 2018 the top exporters of Ethyl acetate were China ($465M), Belgium-Luxembourg ($225M), United Kingdom ($176M), Mexico ($151M), and India ($135M).
Imports: In 2018 the top importers of Ethyl acetate were Belgium-Luxembourg ($214M), Japan ($131M), Germany ($127M), Italy ($114M), and Indonesia ($95M).
Tariffs: In 2018 the average tariff for Ethyl acetate was 5.64%, making it the 3774th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Ethyl acetate are Bahamas (40.2%), Bermuda (25%), Finland (20%), Pakistan (19.9%), and Iran (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Ethyl acetate ranks 1002nd in the Product Complexity Index (PCI).
Description: Ethyl acetate is a common solvent in paints and lacquers, and can also be found in nail polish removers and cleaning products.
Trade By Country
Top Origin (2018): China, $465M
Top Destination (2018): Belgium-Luxembourg, $214M
Ethyl acetate are the world's 1523rd most traded product.
In 2018, the top exporters of Ethyl acetate were China ($465M), Belgium-Luxembourg ($225M), United Kingdom ($176M), Mexico ($151M), and India ($135M).
In 2018, the top importers of Ethyl acetate were Belgium-Luxembourg ($214M), Japan ($131M), Germany ($127M), Italy ($114M), and Indonesia ($95M).
Trade by country
Between 2017 and 2018, the exports of Ethyl acetate grew the fastest in China ($111M), Belgium-Luxembourg ($97.7M), India ($46.2M), United Kingdom ($46.1M), and Saudi Arabia ($29.9M).
Between 2017 and 2018, the fastest growing importers of Ethyl acetate were Germany ($44.2M), Japan ($43.6M), Belgium-Luxembourg ($43.2M), Indonesia ($27.1M), and United Arab Emirates ($21.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Ethyl acetate.
In 2018, market concentration measured using Shannon Entropy, was 3.47. This means that most of the exports of Ethyl acetate are explained by 11 countries.
This map shows which countries export or import more of Ethyl acetate. Each country is colored based on the difference in exports and imports of Ethyl acetate during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Ethyl acetate were China ($462M), United Kingdom ($164M), Mexico ($139M), India ($131M), and Saudi Arabia ($95.7M).
In 2018, the countries that had a largest trade value in imports than in exports of Ethyl acetate were Japan ($130M), Germany ($112M), Italy ($111M), Indonesia ($95M), and Chinese Taipei ($59.8M).
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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