HS Icon Fungicides, packaged for retail sale

380820 (Harmonized System 1992 for 6-digit)

World Trade (2018): $8.9B, Rnk 352 / 4726

Top Exporter (2018): $1.41B, France

Top Importer (2018): $671M, Germany

Product Complexity (2018): -0.24, Rnk 3012 / 4873

Export Growth (CAGR)(2017 - 2018): 3.76%, Rnk 3471 / 4726

Mean Tariff (2018): 4.09%, Rnk 4892 / 6538

Share of World Trade (2018): 0.048%, Rnk 352 / 4726

Overview:  This page contains the latest trade data of Fungicides, packaged for retail sale. In 2018, Fungicides, packaged for retail sale were the world's 352nd most traded product, with a total trade of $8.9B. Between 2017 and 2018 the exports of Fungicides, packaged for retail sale grew by 3.76%, from  $8.58B to $8.9B. Trade in Fungicides, packaged for retail sale represent 0.048% of total world trade.

Exports: In 2018 the top exporters of Fungicides, packaged for retail sale  were France ($1.41B), Germany ($1.28B), Spain ($847M), China ($613M), and United States ($600M).

Imports: In 2018 the top importers of Fungicides, packaged for retail sale were Germany ($671M), France ($661M), Brazil ($562M), Canada ($374M), and China ($306M).

Tariffs: In 2018 the average tariff for Fungicides, packaged for retail sale was 4.09%, been the 4892 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fungicides, packaged for retail sale are Slovenia (8.81%), Hungary (7.44%), Slovakia (6.5%), Czechia (6.5%), and Poland (6.04%).

Ranking: Fungicides, packaged for retail sale ranks 3012th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): France, $1.41B

Top Destination (2018): Germany, $671M

Fungicides, packaged for retail sale are the world's 352nd most traded product.

In 2018, the top exporters of Fungicides, packaged for retail sale were France ($1.41B), Germany ($1.28B), Spain ($847M), China ($613M), and United States ($600M).

In 2018, the top importers of Fungicides, packaged for retail sale were Germany ($671M), France ($661M), Brazil ($562M), Canada ($374M), and China ($306M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $300M

Top Destination Growth (2017 - 2018): Canada, $346M

Between 2017 and 2018, the exports of Fungicides, packaged for retail sale grew the fastest in United States ($300M), Thailand ($77.3M), South Korea ($57.3M), Netherlands ($38.2M), and India ($38M).

Between 2017 and 2018, the fastest growing importers of Fungicides, packaged for retail sale were Canada ($346M), Vietnam ($68.8M), France ($63.5M), Germany ($58.2M), and Bangladesh ($30.6M).

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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 Fungicides, packaged for retail sale.

In 2018,  market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Fungicides, packaged for retail sale are explained by 21 countries.

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TOP NET EXPORTER (2018): France, $751M

TOP NET IMPORTER (2018): Brazil, $442M

This map shows which countries export or import more of Fungicides, packaged for retail sale. Each country is colored based on the difference in exports and imports of Fungicides, packaged for retail sale during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Fungicides, packaged for retail sale were France ($751M), Germany ($605M), Spain ($564M), India ($444M), and United States ($355M).

In 2018, the countries that had a largest trade value in imports than in exports of Fungicides, packaged for retail sale were Brazil ($442M), Canada ($366M), Ukraine ($292M), Vietnam ($262M), and Russia ($226M).

Trade Forecasts

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This section shows forecasts for total trade for Fungicides, packaged for retail sale. 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 Fungicides, packaged for retail sale was 4.09%.  The countries with the highest tariffs for importing Fungicides, packaged for retail sale were Slovenia (8.81%), Hungary (7.44%), Slovakia (6.5%), Czechia (6.5%), and Poland (6.04%).

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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.