HS Icon Furskin Apparel

4303 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Furskin Apparel. In 2019, Furskin Apparel were the world's 761st most traded product, with a total trade of $1.77B. Between 2018 and 2019 the exports of Furskin Apparel decreased by -10.6%, from $1.98B to $1.77B. Trade in Furskin Apparel represent 0.0098% of total world trade.

Exports In 2019 the top exporters of Furskin Apparel  were China ($815M), Italy ($310M), Greece ($112M), Turkey ($105M), and France ($104M).

Imports In 2019 the top importers of Furskin Apparel were Hong Kong ($292M), Russia ($231M), United States ($145M), South Korea ($131M), and Vietnam ($106M).

Tariffs In 2018 the average tariff for Furskin Apparel was 18.7%, making it the 130th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Furskin Apparel are Iran (77.5%), Syria (73.5%), Cape Verde (50%), Angola (50%), and Turkmenistan (46.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Furskin Apparel ranks 639th in the Product Complexity Index (PCI).

Description Fur has been used for centuries to make various types of clothing, including jackets, coats, hats, muffs, and stoles.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $815M

Top Destination (2019): Hong Kong, $292M

Furskin Apparel are the world's 761st most traded product.

In 2019, the top exporters of Furskin Apparel were China ($815M), Italy ($310M), Greece ($112M), Turkey ($105M), and France ($104M).

In 2019, the top importers of Furskin Apparel were Hong Kong ($292M), Russia ($231M), United States ($145M), South Korea ($131M), and Vietnam ($106M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Thailand, $4.49M

Top Destination Growth (2018 - 2019): Hong Kong, $66.1M

Between 2018 and 2019, the exports of Furskin Apparel grew the fastest in Thailand ($4.49M), Malaysia ($2.58M), Chinese Taipei ($1.54M), Canada ($1.34M), and Hungary ($1.16M).

Between 2018 and 2019, the fastest growing importers of Furskin Apparel were Hong Kong ($66.1M), Kyrgyzstan ($29.4M), South Korea ($8.96M), Tajikistan ($4.25M), and Thailand ($1.51M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Furskin Apparel.

In 2019,  market concentration measured using Shannon Entropy, was 3.05. This means that most of the exports of Furskin Apparel are explained by 8 countries.

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TOP NET EXPORTER (2019): China, $767M

TOP NET IMPORTER (2019): Hong Kong, $268M

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

In 2019, the countries that had a largest trade value in exports than in imports of Furskin Apparel were China ($767M), Italy ($214M), Greece ($101M), Turkey ($100M), and France ($17.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Furskin Apparel were Hong Kong ($268M), Russia ($225M), United States ($129M), South Korea ($112M), and Vietnam ($103M).

Disaggregation

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Value

In 2019, the world most traded Furskin Apparel, disaggragated by their HS6 level were Articles of apparel & clothing accessories... ($1.48B) and Articles of furskin except clothing and... ($295M)

Import Tariffs

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In 2018, the average tariff for importing Furskin Apparel was 18.7%. The countries with the highest tariffs for importing Furskin Apparel were Iran (77.5%), Syria (73.5%), Cape Verde (50%), Angola (50%), and Turkmenistan (46.7%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Furskin Apparel to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.