HS Icon Felt or Coated Fabric Garments

6210 (Harmonized System 1992 for 4-digit)

World Trade (2018): $10.7B, Rnk 309 / 1225

Top Exporter (2018): $4.06B, China

Top Importer (2018): $1.99B, United States

Export Growth (CAGR)(2017 - 2018): 18.4%, Rnk 374 / 1225

Mean Tariff (2018): 23.6%, Rnk 63 / 1259

Share of World Trade (2018): 0.058%, Rnk 309 / 1225

Overview:  This page contains the latest trade data of Felt or Coated Fabric Garments. In 2018, Felt or Coated Fabric Garments were the world's 309th most traded product, with a total trade of $10.7B. Between 2017 and 2018 the exports of Felt or Coated Fabric Garments grew by 18.4%, from  $9.05B to $10.7B. Trade in Felt or Coated Fabric Garments represent 0.058% of total world trade.

Exports: In 2018 the top exporters of Felt or Coated Fabric Garments  were China ($4.06B), Vietnam ($1.14B), Italy ($699M), Bangladesh ($475M), and Belgium-Luxembourg ($439M).

Imports: In 2018 the top importers of Felt or Coated Fabric Garments were United States ($1.99B), Germany ($1.08B), France ($681M), United Kingdom ($530M), and Japan ($510M).

Tariffs: In 2018 the average tariff for Felt or Coated Fabric Garments was 23.6%, been the 63 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Felt or Coated Fabric Garments are Iran (100%), Syria (73.5%), Cape Verde (40%), Bolivia (38.5%), and Finland (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $4.06B

Top Destination (2018): United States, $1.99B

Felt or Coated Fabric Garments are the world's 309th most traded product.

In 2018, the top exporters of Felt or Coated Fabric Garments were China ($4.06B), Vietnam ($1.14B), Italy ($699M), Bangladesh ($475M), and Belgium-Luxembourg ($439M).

In 2018, the top importers of Felt or Coated Fabric Garments were United States ($1.99B), Germany ($1.08B), France ($681M), United Kingdom ($530M), and Japan ($510M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $231M

Top Destination Growth (2017 - 2018): United States, $231M

Between 2017 and 2018, the exports of Felt or Coated Fabric Garments grew the fastest in Italy ($231M), Belgium-Luxembourg ($197M), Germany ($152M), France ($141M), and Mexico ($122M).

Between 2017 and 2018, the fastest growing importers of Felt or Coated Fabric Garments were United States ($231M), Germany ($224M), United Kingdom ($126M), Saudi Arabia ($109M), and Netherlands ($98.6M).

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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 Felt or Coated Fabric Garments.

In 2018,  market concentration measured using Shannon Entropy, was 3.87. This means that most of the exports of Felt or Coated Fabric Garments are explained by 14 countries.

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TOP NET EXPORTER (2018): China, $3.94B

TOP NET IMPORTER (2018): United States, $1.84B

This map shows which countries export or import more of Felt or Coated Fabric Garments. Each country is colored based on the difference in exports and imports of Felt or Coated Fabric Garments during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Felt or Coated Fabric Garments were China ($3.94B), Vietnam ($1.12B), Bangladesh ($473M), Italy ($349M), and Cambodia ($259M).

In 2018, the countries that had a largest trade value in imports than in exports of Felt or Coated Fabric Garments were United States ($1.84B), Germany ($651M), Japan ($500M), United Kingdom ($341M), and South Korea ($313M).

Trade Forecasts

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This section shows forecasts for total trade for Felt or Coated Fabric Garments. 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 Felt or Coated Fabric Garments was 23.6%.  The countries with the highest tariffs for importing Felt or Coated Fabric Garments were Iran (100%), Syria (73.5%), Cape Verde (40%), Bolivia (38.5%), and Finland (35%).

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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.