HS Icon Exfoliated vermiculite, foamed slag, expanded mineral

680620 (Harmonized System 1992 for 6-digit)

World Trade (2018): $403M, Rnk 3012 / 4726

Top Exporter (2018): $78.8M, Germany

Top Importer (2018): $56.9M, Germany

Export Growth (CAGR)(2017 - 2018): 18.8%, Rnk 1481 / 4726

Mean Tariff (2018): 6.81%, Rnk 3275 / 6538

Share of World Trade (2018): 0.0022%, Rnk 3012 / 4726

Overview:  This page contains the latest trade data of Exfoliated vermiculite, foamed slag, expanded mineral. In 2018, Exfoliated vermiculite, foamed slag, expanded mineral were the world's 3012th most traded product, with a total trade of $403M. Between 2017 and 2018 the exports of Exfoliated vermiculite, foamed slag, expanded mineral grew by 18.8%, from  $339M to $403M. Trade in Exfoliated vermiculite, foamed slag, expanded mineral represent 0.0022% of total world trade.

Exports: In 2018 the top exporters of Exfoliated vermiculite, foamed slag, expanded mineral  were Germany ($78.8M), United States ($51.2M), United Kingdom ($37.4M), China ($26M), and Netherlands ($16.5M).

Imports: In 2018 the top importers of Exfoliated vermiculite, foamed slag, expanded mineral were Germany ($56.9M), Canada ($20.4M), United States ($20.3M), Netherlands ($19.2M), and United Kingdom ($18.2M).

Tariffs: In 2018 the average tariff for Exfoliated vermiculite, foamed slag, expanded mineral was 6.81%, been the 3275 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Exfoliated vermiculite, foamed slag, expanded mineral are Bahamas (40.2%), Sudan (35%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Maldives (0%), and Singapore (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $78.8M

Top Destination (2018): Germany, $56.9M

Exfoliated vermiculite, foamed slag, expanded mineral are the world's 3012th most traded product.

In 2018, the top exporters of Exfoliated vermiculite, foamed slag, expanded mineral were Germany ($78.8M), United States ($51.2M), United Kingdom ($37.4M), China ($26M), and Netherlands ($16.5M).

In 2018, the top importers of Exfoliated vermiculite, foamed slag, expanded mineral were Germany ($56.9M), Canada ($20.4M), United States ($20.3M), Netherlands ($19.2M), and United Kingdom ($18.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $25.5M

Top Destination Growth (2017 - 2018): Germany, $10.1M

Between 2017 and 2018, the exports of Exfoliated vermiculite, foamed slag, expanded mineral grew the fastest in Germany ($25.5M), United Arab Emirates ($8.72M), Poland ($5.16M), Belgium-Luxembourg ($4.39M), and Austria ($4.29M).

Between 2017 and 2018, the fastest growing importers of Exfoliated vermiculite, foamed slag, expanded mineral were Germany ($10.1M), Spain ($6.65M), Poland ($6.04M), United Kingdom ($5.31M), and China ($5.23M).

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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 Exfoliated vermiculite, foamed slag, expanded mineral.

In 2018,  market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Exfoliated vermiculite, foamed slag, expanded mineral are explained by 20 countries.

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TOP NET EXPORTER (2018): United States, $30.9M

TOP NET IMPORTER (2018): Canada, $19.4M

This map shows which countries export or import more of Exfoliated vermiculite, foamed slag, expanded mineral. Each country is colored based on the difference in exports and imports of Exfoliated vermiculite, foamed slag, expanded mineral during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Exfoliated vermiculite, foamed slag, expanded mineral were United States ($30.9M), Germany ($21.9M), United Kingdom ($19.2M), China ($14M), and Kazakhstan ($10.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Exfoliated vermiculite, foamed slag, expanded mineral were Canada ($19.4M), Japan ($14.2M), France ($13.7M), Sweden ($8.81M), and Italy ($7.5M).

Trade Forecasts

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This section shows forecasts for total trade for Exfoliated vermiculite, foamed slag, expanded mineral. 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 Exfoliated vermiculite, foamed slag, expanded mineral was 6.81%.  The countries with the highest tariffs for importing Exfoliated vermiculite, foamed slag, expanded mineral were Bahamas (40.2%), Sudan (35%), Cameroon (29.4%), Gabon (29.4%), and Chad (29.4%).

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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.