HS Icon Garnetted Wool or Animal Hair

5104 (Harmonized System 1992 for 4-digit)

World Trade (2018): $5.85M, Rnk 1213 / 1225

Top Exporter (2018): $2.28M, Italy

Top Importer (2018): $1.62M, Ukraine

Export Growth (CAGR)(2017 - 2018): 38%, Rnk 114 / 1225

Mean Tariff (2018): 5.4%, Rnk 764 / 1259

Share of World Trade (2018): <0.01%, Rnk 1213 / 1225

Overview:  This page contains the latest trade data of Garnetted Wool or Animal Hair. In 2018, Garnetted Wool or Animal Hair were the world's 1213th most traded product, with a total trade of $5.85M. Between 2017 and 2018 the exports of Garnetted Wool or Animal Hair grew by 38%, from  $4.24M to $5.85M. Trade in Garnetted Wool or Animal Hair represent 0.000032% of total world trade.

Exports: In 2018 the top exporters of Garnetted Wool or Animal Hair  were Italy ($2.28M), China ($722k), Germany ($710k), Lithuania ($423k), and Croatia ($327k).

Imports: In 2018 the top importers of Garnetted Wool or Animal Hair were Ukraine ($1.62M), Italy ($775k), Czechia ($665k), Poland ($451k), and Morocco ($430k).

Tariffs: In 2018 the average tariff for Garnetted Wool or Animal Hair was 5.4%, been the 764 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Garnetted Wool or Animal Hair are Iran (45%), Bahamas (40.2%), Sudan (21.9%), Maldives (14.6%), and Zambia (13.6%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Italy, $2.28M

Top Destination (2018): Ukraine, $1.62M

Garnetted Wool or Animal Hair are the world's 1213th most traded product.

In 2018, the top exporters of Garnetted Wool or Animal Hair were Italy ($2.28M), China ($722k), Germany ($710k), Lithuania ($423k), and Croatia ($327k).

In 2018, the top importers of Garnetted Wool or Animal Hair were Ukraine ($1.62M), Italy ($775k), Czechia ($665k), Poland ($451k), and Morocco ($430k).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $437k

Top Destination Growth (2017 - 2018): Italy, $621k

Between 2017 and 2018, the exports of Garnetted Wool or Animal Hair grew the fastest in Italy ($437k), China ($432k), Lithuania ($423k), Croatia ($327k), and Spain ($254k).

Between 2017 and 2018, the fastest growing importers of Garnetted Wool or Animal Hair were Italy ($621k), Ukraine ($581k), Morocco ($430k), Poland ($401k), and United States ($155k).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Garnetted Wool or Animal Hair.

In 2018,  market concentration measured using Shannon Entropy, was 3.11. This means that most of the exports of Garnetted Wool or Animal Hair are explained by 8 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Italy, $1.5M

TOP NET IMPORTER (2018): Ukraine, $1.62M

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

In 2018, the countries that had a largest trade value in exports than in imports of Garnetted Wool or Animal Hair were Italy ($1.5M), China ($713k), Germany ($533k), Lithuania ($326k), and Croatia ($296k).

In 2018, the countries that had a largest trade value in imports than in exports of Garnetted Wool or Animal Hair were Ukraine ($1.62M), Poland ($406k), United States ($203k), Turkey ($151k), and Mexico ($93.9k).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Garnetted Wool or Animal Hair was 5.4%.  The countries with the highest tariffs for importing Garnetted Wool or Animal Hair were Iran (45%), Bahamas (40.2%), Sudan (21.9%), Maldives (14.6%), and Zambia (13.6%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.