HS Icon Fishing reels

950730 (Harmonized System 1992 for 6-digit)

World Trade (2018): $885M, Rnk 2194 / 4726

Top Exporter (2018): $360M, China

Top Importer (2018): $243M, United States

Product Complexity (2018): 1.02, Rnk 372 / 2722

Export Growth (CAGR)(2017 - 2018): 0.73%, Rnk 3772 / 4726

Mean Tariff (2018): 8.87%, Rnk 2580 / 6538

Share of World Trade (2018): 0.0048%, Rnk 2194 / 4726

Overview:  This page contains the latest trade data of Fishing reels. In 2018, Fishing reels were the world's 2194th most traded product, with a total trade of $885M. Between 2017 and 2018 the exports of Fishing reels grew by 0.73%, from  $878M to $885M. Trade in Fishing reels represent 0.0048% of total world trade.

Exports: In 2018 the top exporters of Fishing reels  were China ($360M), Malaysia ($137M), Japan ($99.2M), South Korea ($48M), and Vietnam ($41.9M).

Imports: In 2018 the top importers of Fishing reels were United States ($243M), Japan ($91.6M), South Korea ($45.8M), Germany ($37.9M), and France ($37.4M).

Tariffs: In 2018 the average tariff for Fishing reels was 8.87%, been the 2580 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fishing reels are Bahamas (40.2%), Zimbabwe (36.5%), Ethiopia (34.7%), 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 reels ranks 372nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $360M

Top Destination (2018): United States, $243M

Fishing reels are the world's 2194th most traded product.

In 2018, the top exporters of Fishing reels were China ($360M), Malaysia ($137M), Japan ($99.2M), South Korea ($48M), and Vietnam ($41.9M).

In 2018, the top importers of Fishing reels were United States ($243M), Japan ($91.6M), South Korea ($45.8M), Germany ($37.9M), and France ($37.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Vietnam, $17.7M

Top Destination Growth (2017 - 2018): France, $13.7M

Between 2017 and 2018, the exports of Fishing reels grew the fastest in Vietnam ($17.7M), Singapore ($14.7M), United States ($11.3M), Poland ($10.3M), and Germany ($10.2M).

Between 2017 and 2018, the fastest growing importers of Fishing reels were France ($13.7M), Poland ($12M), China ($9.91M), South Korea ($9.59M), and Australia ($9.18M).

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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 reels.

In 2018,  market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Fishing reels are explained by 8 countries.

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TOP NET EXPORTER (2018): China, $331M

TOP NET IMPORTER (2018): United States, $221M

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

In 2018, the countries that had a largest trade value in exports than in imports of Fishing reels were China ($331M), Malaysia ($119M), Vietnam ($29.7M), Thailand ($13.9M), and Japan ($7.56M).

In 2018, the countries that had a largest trade value in imports than in exports of Fishing reels were United States ($221M), Australia ($34.7M), France ($28.9M), Canada ($23.7M), and Germany ($14.2M).

Import Tariffs

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In 2018, the average tariff for importing Fishing reels was 8.87%.  The countries with the highest tariffs for importing Fishing reels were Bahamas (40.2%), Zimbabwe (36.5%), Ethiopia (34.7%), 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.