Overview This page contains the latest trade data of Fake Hair. In 2019, Fake Hair were the world's 625th most traded product, with a total trade of $3.1B. Between 2018 and 2019 the exports of Fake Hair decreased by -6.6%, from $3.32B to $3.1B. Trade in Fake Hair represent 0.017% of total world trade.

Exports In 2019 the top exporters of Fake Hair  were China ($1.93B), Indonesia ($380M), Bangladesh ($103M), United States ($78.3M), and Germany ($72.1M).

Imports In 2019 the top importers of Fake Hair were United States ($1.59B), United Kingdom ($146M), Japan ($129M), Nigeria ($95.6M), and Germany ($91.8M).

Tariffs In 2018 the average tariff for Fake Hair was 15.8%, making it the 170th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Fake Hair are Iran (65%), Cape Verde (50%), Syria (46%), Bahamas (41.3%), and Zimbabwe (36.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking Fake Hair ranks 945th in the Product Complexity Index (PCI).

Description Wigs are used to cover bald spots, and can be made from a variety of materials. False beards and eyebrows are used to make it look like someone has facial hair. Eyelashes are used to make it look like someone is wearing eyeliner.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.93B

Top Destination (2019): United States, $1.59B

Fake Hair are the world's 625th most traded product.

In 2019, the top exporters of Fake Hair were China ($1.93B), Indonesia ($380M), Bangladesh ($103M), United States ($78.3M), and Germany ($72.1M).

In 2019, the top importers of Fake Hair were United States ($1.59B), United Kingdom ($146M), Japan ($129M), Nigeria ($95.6M), and Germany ($91.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Bangladesh, $24.2M

Top Destination Growth (2018 - 2019): United States, $81.2M

Between 2018 and 2019, the exports of Fake Hair grew the fastest in Bangladesh ($24.2M), Myanmar ($10.3M), North Korea ($8.68M), Germany ($5.87M), and Kenya ($5.08M).

Between 2018 and 2019, the fastest growing importers of Fake Hair were United States ($81.2M), Dominican Republic ($13.8M), Democratic Republic of the Congo ($11.5M), United Kingdom ($9.16M), and Uganda ($8.42M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Fake Hair.

In 2019,  market concentration measured using Shannon Entropy, was 2.53. This means that most of the exports of Fake Hair are explained by 5 countries.

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TOP NET EXPORTER (2019): China, $1.88B

TOP NET IMPORTER (2019): United States, $1.51B

This map shows which countries export or import more of Fake Hair. Each country is colored based on the difference in exports and imports of Fake Hair during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Fake Hair were China ($1.88B), Indonesia ($372M), Bangladesh ($92M), Senegal ($39M), and Vietnam ($35.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Fake Hair were United States ($1.51B), Japan ($125M), United Kingdom ($122M), Nigeria ($80M), and France ($53M).

Disaggregation

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Value

In 2019, the world most traded Fake Hair, disaggragated by their HS6 level were Wigs, false beards, eyebrows etc, of... ($1.34B), False beard, eyebrows etc, synthetic textile... ($956M), Complete wigs of synthetic textile materials ($432M), and Wigs, false beards, eyebrows etc, of... ($375M)

Import Tariffs

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In 2018, the average tariff for importing Fake Hair was 15.8%. The countries with the highest tariffs for importing Fake Hair were Iran (65%), Cape Verde (50%), Syria (46%), Bahamas (41.3%), and Zimbabwe (36.5%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Fake Hair to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.