HS Icon Glycerol

1520 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $1.73B, Rnk 771 / 1217

2019
Top Exporter | Top Importer
: $383M | $402M, Indonesia | China

2019
Product Complexity
: -0.061, Rnk 543 / 961

2018 - 2019
Export Growth (CAGR)
: -28.7%, Rnk 1189 / 1217

2018
Mean Tariff
: 3.53%, Rnk 1075 / 1259

 2019
Share of World Trade
: 0.0096%, Rnk 771 / 1217

Overview:  This page contains the latest trade data of Glycerol. In 2019, Glycerol were the world's 771st most traded product, with a total trade of $1.73B. Between 2018 and 2019 the exports of Glycerol decreased by -28.7%, from  $2.43B to $1.73B. Trade in Glycerol represent 0.0096% of total world trade.

Exports: In 2019 the top exporters of Glycerol  were Indonesia ($383M), Germany ($278M), Malaysia ($276M), Netherlands ($125M), and Brazil ($107M).

Imports: In 2019 the top importers of Glycerol were China ($402M), United States ($115M), Netherlands ($87.5M), Germany ($83.6M), and Japan ($80.3M).

Tariffs: In 2018 the average tariff for Glycerol was 3.53%, making it the 1075th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Glycerol are Tunisia (36%), Bahamas (35.7%), Algeria (27.6%), Bangladesh (24.5%), and Ethiopia (19.8%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Glycerol ranks 543rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Indonesia, $383M

Top Destination (2019): China, $402M

Glycerol are the world's 771st most traded product.

In 2019, the top exporters of Glycerol were Indonesia ($383M), Germany ($278M), Malaysia ($276M), Netherlands ($125M), and Brazil ($107M).

In 2019, the top importers of Glycerol were China ($402M), United States ($115M), Netherlands ($87.5M), Germany ($83.6M), and Japan ($80.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Philippines, $11.6M

Top Destination Growth (2018 - 2019): Hong Kong, $7.67M

Between 2018 and 2019, the exports of Glycerol grew the fastest in Philippines ($11.6M), Ukraine ($1.88M), Peru ($1.61M), India ($1.59M), and Pakistan ($720k).

Between 2018 and 2019, the fastest growing importers of Glycerol were Hong Kong ($7.67M), Belarus ($719k), Ireland ($664k), Uzbekistan ($443k), and Lesotho ($208k).

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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 Glycerol.

In 2019,  market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Glycerol are explained by 14 countries.

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TOP NET EXPORTER (2019): Indonesia, $379M

TOP NET IMPORTER (2019): China, $397M

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

In 2019, the countries that had a largest trade value in exports than in imports of Glycerol were Indonesia ($379M), Malaysia ($249M), Germany ($194M), Brazil ($102M), and Argentina ($69.9M).

In 2019, the countries that had a largest trade value in imports than in exports of Glycerol were China ($397M), Japan ($77.2M), United States ($64.6M), Mexico ($48.9M), and Russia ($44.7M).

Disaggregation

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Value

In 2019, the world most traded Glycerol, disaggragated by their HS6 level were Glycerol (glycerine), nes including synthetic glycero ($1.25B) and Glycerol (glycerine), crude and glycerol waters... ($485M)

Import Tariffs

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In 2018, the average tariff for importing Glycerol was 3.53%.  The countries with the highest tariffs for importing Glycerol were Tunisia (36%), Bahamas (35.7%), Algeria (27.6%), Bangladesh (24.5%), and Ethiopia (19.8%).

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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.