HS Icon Fishing rods

950710 (Harmonized System 1992 for 6-digit)

World Trade (2018): $922M, Rnk 2127 / 4726

Top Exporter (2018): $604M, China

Top Importer (2018): $218M, United States

Product Complexity (2018): 0.15, Rnk 2341 / 4873

Export Growth (CAGR)(2017 - 2018): 16.2%, Rnk 1757 / 4726

Mean Tariff (2018): 9.13%, Rnk 2502 / 6538

Share of World Trade (2018): 0.005%, Rnk 2127 / 4726

Overview:  This page contains the latest trade data of Fishing rods. In 2018, Fishing rods were the world's 2127th most traded product, with a total trade of $922M. Between 2017 and 2018 the exports of Fishing rods grew by 16.2%, from  $794M to $922M. Trade in Fishing rods represent 0.005% of total world trade.

Exports: In 2018 the top exporters of Fishing rods  were China ($604M), Japan ($42M), Indonesia ($34M), Vietnam ($33.8M), and Singapore ($23.1M).

Imports: In 2018 the top importers of Fishing rods were United States ($218M), Japan ($170M), South Korea ($43M), France ($40.6M), and Germany ($36.2M).

Tariffs: In 2018 the average tariff for Fishing rods was 9.13%, been the 2502 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fishing rods 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 rods ranks 2341st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $604M

Top Destination (2018): United States, $218M

Fishing rods are the world's 2127th most traded product.

In 2018, the top exporters of Fishing rods were China ($604M), Japan ($42M), Indonesia ($34M), Vietnam ($33.8M), and Singapore ($23.1M).

In 2018, the top importers of Fishing rods were United States ($218M), Japan ($170M), South Korea ($43M), France ($40.6M), and Germany ($36.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $71.3M

Top Destination Growth (2017 - 2018): United States, $29.5M

Between 2017 and 2018, the exports of Fishing rods grew the fastest in China ($71.3M), Poland ($9.3M), Germany ($7.67M), Spain ($6.65M), and Singapore ($5.93M).

Between 2017 and 2018, the fastest growing importers of Fishing rods were United States ($29.5M), South Korea ($13.1M), Japan ($12.3M), Russia ($9.16M), and Poland ($8.73M).

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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 rods.

In 2018,  market concentration measured using Shannon Entropy, was 2.44. This means that most of the exports of Fishing rods are explained by 5 countries.

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TOP NET EXPORTER (2018): China, $582M

TOP NET IMPORTER (2018): United States, $206M

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

In 2018, the countries that had a largest trade value in exports than in imports of Fishing rods were China ($582M), Vietnam ($21.3M), Indonesia ($21.1M), Singapore ($6.68M), and Mexico ($4.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Fishing rods were United States ($206M), Japan ($128M), France ($30.7M), South Korea ($22.9M), and Australia ($21.9M).

Trade Forecasts

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This section shows forecasts for total trade for Fishing rods. 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 Fishing rods was 9.13%.  The countries with the highest tariffs for importing Fishing rods 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.