HS Icon Fishing and Hunting Equipment

9507 (Harmonized System 1992 for 4-digit)

World Trade (2019): $3.3B, Rnk 605 / 1217

Top Exporter (2019): $1.56B, China

Top Importer (2019): $759M, United States

Product Complexity (2019): -0.26, Rnk 601 / 961

Export Growth (CAGR)(2018 - 2019): -0.82%, Rnk 455 / 1217

Mean Tariff (2018): 8.17%, Rnk 529 / 1259

Share of World Trade (2019): 0.018%, Rnk 605 / 1217

Overview:  This page contains the latest trade data of Fishing and Hunting Equipment. In 2019, Fishing and Hunting Equipment were the world's 605th most traded product, with a total trade of $3.3B. Between 2018 and 2019 the exports of Fishing and Hunting Equipment decreased by -0.82%, from  $3.33B to $3.3B. Trade in Fishing and Hunting Equipment represent 0.018% of total world trade.

Exports: In 2019 the top exporters of Fishing and Hunting Equipment  were China ($1.56B), Japan ($284M), Malaysia ($170M), Vietnam ($125M), and United States ($118M).

Imports: In 2019 the top importers of Fishing and Hunting Equipment were United States ($759M), Japan ($424M), France ($139M), South Korea ($132M), and China ($126M).

Tariffs: In 2018 the average tariff for Fishing and Hunting Equipment was 8.17%, making it the 529th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Fishing and Hunting Equipment are Bahamas (40.5%), Ethiopia (34.7%), Zimbabwe (30.8%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Sri Lanka (0%), and Maldives (0%).

Ranking: Fishing and Hunting Equipment ranks 601st in the Product Complexity Index (PCI).

Description: Fishing rods are used to store and retrieve fishing line, and are usually attached to the end of the fishing rod. The reel is used to store fishing line when the fisherman is not actively fishing. Fishing reels are also used when fishing from the shore, to help take the strain from fishing.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $1.56B

Top Destination (2019): United States, $759M

Fishing and Hunting Equipment are the world's 605th most traded product.

In 2019, the top exporters of Fishing and Hunting Equipment were China ($1.56B), Japan ($284M), Malaysia ($170M), Vietnam ($125M), and United States ($118M).

In 2019, the top importers of Fishing and Hunting Equipment were United States ($759M), Japan ($424M), France ($139M), South Korea ($132M), and China ($126M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Japan, $14M

Top Destination Growth (2018 - 2019): China, $40.1M

Between 2018 and 2019, the exports of Fishing and Hunting Equipment grew the fastest in Japan ($14M), Singapore ($12.6M), Poland ($11.8M), Malaysia ($9.07M), and Belgium ($6.25M).

Between 2018 and 2019, the fastest growing importers of Fishing and Hunting Equipment were China ($40.1M), Ukraine ($8.77M), Belgium ($8.59M), United Kingdom ($6.31M), and Belarus ($5.11M).

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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 Fishing and Hunting Equipment.

In 2019,  market concentration measured using Shannon Entropy, was 3.46. This means that most of the exports of Fishing and Hunting Equipment are explained by 11 countries.

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TOP NET EXPORTER (2019): China, $1.44B

TOP NET IMPORTER (2019): United States, $641M

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

In 2019, the countries that had a largest trade value in exports than in imports of Fishing and Hunting Equipment were China ($1.44B), Malaysia ($128M), Vietnam ($87.1M), Thailand ($20.1M), and Philippines ($20M).

In 2019, the countries that had a largest trade value in imports than in exports of Fishing and Hunting Equipment were United States ($641M), Japan ($140M), Australia ($86.1M), Germany ($79.8M), and Canada ($77.5M).

Disaggregation

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Value

In 2019, the world most traded Fishing and Hunting Equipment, disaggragated by their HS6 level were Fishing and hunting equipment and requisites... ($1.2B), Fishing rods ($906M), Fishing reels ($865M), and Fish-hooks, whether or not snelled ($333M)

Import Tariffs

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In 2018, the average tariff for importing Fishing and Hunting Equipment was 8.17%.  The countries with the highest tariffs for importing Fishing and Hunting Equipment were Bahamas (40.5%), Ethiopia (34.7%), Zimbabwe (30.8%), Cameroon (29.4%), and Gabon (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.