HS Icon Gelatin & derivatives, isinglass, glues (animal) nes

350300 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Gelatin & derivatives, isinglass, glues (animal) nes. In 2019, Gelatin & derivatives, isinglass, glues (animal) nes were the world's 1305th most traded product, with a total trade of $2.01B. Between 2018 and 2019 the exports of Gelatin & derivatives, isinglass, glues (animal) nes grew by 6.76%, from $1.88B to $2.01B. Trade in Gelatin & derivatives, isinglass, glues (animal) nes represent 0.011% of total world trade.

Exports: In 2019 the top exporters of Gelatin & derivatives, isinglass, glues (animal) nes  were Brazil ($281M), Germany ($256M), Belgium ($159M), China ($158M), and United States ($144M).

Imports: In 2019 the top importers of Gelatin & derivatives, isinglass, glues (animal) nes were United States ($292M), Germany ($205M), Japan ($105M), France ($83.7M), and United Kingdom ($83M).

Tariffs: In 2018 the average tariff for Gelatin & derivatives, isinglass, glues (animal) nes was 7.48%, making it the 3020th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Gelatin & derivatives, isinglass, glues (animal) nes are Bahamas (40.2%), Poland (34.2%), Iran (25%), Bermuda (25%), and Romania (20.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), and Maldives (0%).

Ranking: Gelatin & derivatives, isinglass, glues (animal) nes ranks 2924th in the Product Complexity Index (PCI).

Description: Gelatin is derived from collagen and is used to thicken and stabilize products such as ice cream, custards, and puddings. Derivatives of gelatin, isinglass, and glues (animal) are made from the skin, connective tissue, or bones of animals. These are used to make glue, adhesives, and food products.

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Brazil, $281M

Top Destination (2019): United States, $292M

Gelatin & derivatives, isinglass, glues (animal) nes are the world's 1305th most traded product.

In 2019, the top exporters of Gelatin & derivatives, isinglass, glues (animal) nes were Brazil ($281M), Germany ($256M), Belgium ($159M), China ($158M), and United States ($144M).

In 2019, the top importers of Gelatin & derivatives, isinglass, glues (animal) nes were United States ($292M), Germany ($205M), Japan ($105M), France ($83.7M), and United Kingdom ($83M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): China, $47.2M

Top Destination Growth (2018 - 2019): Germany, $33.6M

Between 2018 and 2019, the exports of Gelatin & derivatives, isinglass, glues (animal) nes grew the fastest in China ($47.2M), Brazil ($30.6M), Netherlands ($25.4M), United States ($17.8M), and United Kingdom ($11.1M).

Between 2018 and 2019, the fastest growing importers of Gelatin & derivatives, isinglass, glues (animal) nes were Germany ($33.6M), United States ($32.2M), South Korea ($16.7M), Canada ($12.7M), and Poland ($8.13M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Gelatin & derivatives, isinglass, glues (animal) nes.

In 2019,  market concentration measured using Shannon Entropy, was 4.4. This means that most of the exports of Gelatin & derivatives, isinglass, glues (animal) nes are explained by 21 countries.

Explore Visualizations

TOP NET EXPORTER (2019): Brazil, $277M

TOP NET IMPORTER (2019): United States, $147M

This map shows which countries export or import more of Gelatin & derivatives, isinglass, glues (animal) nes. Each country is colored based on the difference in exports and imports of Gelatin & derivatives, isinglass, glues (animal) nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Gelatin & derivatives, isinglass, glues (animal) nes were Brazil ($277M), China ($123M), Belgium ($79.3M), Netherlands ($64.6M), and Sweden ($57.4M).

In 2019, the countries that had a largest trade value in imports than in exports of Gelatin & derivatives, isinglass, glues (animal) nes were United States ($147M), Japan ($84.6M), Russia ($49.1M), Mexico ($40.5M), and United Kingdom ($38.5M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Gelatin & derivatives, isinglass, glues (animal) nes was 7.48%. The countries with the highest tariffs for importing Gelatin & derivatives, isinglass, glues (animal) nes were Bahamas (40.2%), Poland (34.2%), Iran (25%), Bermuda (25%), and Romania (20.6%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.