HS Icon Flexible plastic tube/hose with fitting not reinforce

391733 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.15B, Rnk 1882 / 4726

Top Exporter (2018): $192M, United States

Top Importer (2018): $225M, United States

Product Complexity (2018): 0.27, Rnk 2118 / 4873

Export Growth (CAGR)(2017 - 2018): 31.6%, Rnk 738 / 4726

Mean Tariff (2018): 9.51%, Rnk 2405 / 6538

Share of World Trade (2018): 0.0062%, Rnk 1882 / 4726

Overview:  This page contains the latest trade data of Flexible plastic tube/hose with fitting not reinforce. In 2018, Flexible plastic tube/hose with fitting not reinforce were the world's 1882nd most traded product, with a total trade of $1.15B. Between 2017 and 2018 the exports of Flexible plastic tube/hose with fitting not reinforce grew by 31.6%, from  $872M to $1.15B. Trade in Flexible plastic tube/hose with fitting not reinforce represent 0.0062% of total world trade.

Exports: In 2018 the top exporters of Flexible plastic tube/hose with fitting not reinforce  were United States ($192M), Germany ($186M), China ($160M), Mexico ($102M), and Netherlands ($50.2M).

Imports: In 2018 the top importers of Flexible plastic tube/hose with fitting not reinforce were United States ($225M), Germany ($106M), Mexico ($67.9M), France ($43.2M), and China ($41.1M).

Tariffs: In 2018 the average tariff for Flexible plastic tube/hose with fitting not reinforce was 9.51%, been the 2405 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Flexible plastic tube/hose with fitting not reinforce are Bahamas (41.3%), Sudan (35%), Angola (30%), Nepal (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Zambia (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Flexible plastic tube/hose with fitting not reinforce ranks 2118th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $192M

Top Destination (2018): United States, $225M

Flexible plastic tube/hose with fitting not reinforce are the world's 1882nd most traded product.

In 2018, the top exporters of Flexible plastic tube/hose with fitting not reinforce were United States ($192M), Germany ($186M), China ($160M), Mexico ($102M), and Netherlands ($50.2M).

In 2018, the top importers of Flexible plastic tube/hose with fitting not reinforce were United States ($225M), Germany ($106M), Mexico ($67.9M), France ($43.2M), and China ($41.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $61.9M

Top Destination Growth (2017 - 2018): United States, $62.8M

Between 2017 and 2018, the exports of Flexible plastic tube/hose with fitting not reinforce grew the fastest in United States ($61.9M), Germany ($56.1M), Mexico ($39.1M), Netherlands ($26.7M), and Israel ($14.4M).

Between 2017 and 2018, the fastest growing importers of Flexible plastic tube/hose with fitting not reinforce were United States ($62.8M), Germany ($15.8M), Spain ($14.6M), Australia ($14M), and France ($13.5M).

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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 Flexible plastic tube/hose with fitting not reinforce.

In 2018,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Flexible plastic tube/hose with fitting not reinforce are explained by 19 countries.

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TOP NET EXPORTER (2018): China, $119M

TOP NET IMPORTER (2018): United States, $33.2M

This map shows which countries export or import more of Flexible plastic tube/hose with fitting not reinforce. Each country is colored based on the difference in exports and imports of Flexible plastic tube/hose with fitting not reinforce during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Flexible plastic tube/hose with fitting not reinforce were China ($119M), Germany ($80.9M), Mexico ($33.9M), Netherlands ($20.7M), and Chinese Taipei ($16.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Flexible plastic tube/hose with fitting not reinforce were United States ($33.2M), Singapore ($24.9M), Russia ($20.9M), Canada ($19.6M), and Belgium-Luxembourg ($14M).

Trade Forecasts

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This section shows forecasts for total trade for Flexible plastic tube/hose with fitting not reinforce. 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 Flexible plastic tube/hose with fitting not reinforce was 9.51%.  The countries with the highest tariffs for importing Flexible plastic tube/hose with fitting not reinforce were Bahamas (41.3%), Sudan (35%), Angola (30%), Nepal (30%), and Cameroon (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.