HS Icon Glycerol (glycerine), nes including synthetic glycero

152090 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Glycerol (glycerine), nes including synthetic glycero. In 2019, Glycerol (glycerine), nes including synthetic glycero were the world's 1755th most traded product, with a total trade of $1.25B. Between 2018 and 2019 the exports of Glycerol (glycerine), nes including synthetic glycero decreased by -24.8%, from $1.65B to $1.25B. Trade in Glycerol (glycerine), nes including synthetic glycero represent 0.0069% of total world trade.

Exports: In 2019 the top exporters of Glycerol (glycerine), nes including synthetic glycero  were Malaysia ($253M), Indonesia ($252M), Germany ($243M), Netherlands ($104M), and Brazil ($56.5M).

Imports: In 2019 the top importers of Glycerol (glycerine), nes including synthetic glycero were China ($181M), United States ($107M), Japan ($75.4M), Netherlands ($54.4M), and France ($50M).

Tariffs: In 2018 the average tariff for Glycerol (glycerine), nes including synthetic glycero was 0%, making it the 6502nd lowest tariff using the HS6 product classification.

Ranking: Glycerol (glycerine), nes including synthetic glycero ranks 2869th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Malaysia, $253M

Top Destination (2019): China, $181M

Glycerol (glycerine), nes including synthetic glycero are the world's 1755th most traded product.

In 2019, the top exporters of Glycerol (glycerine), nes including synthetic glycero were Malaysia ($253M), Indonesia ($252M), Germany ($243M), Netherlands ($104M), and Brazil ($56.5M).

In 2019, the top importers of Glycerol (glycerine), nes including synthetic glycero were China ($181M), United States ($107M), Japan ($75.4M), Netherlands ($54.4M), and France ($50M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Philippines, $13.2M

Top Destination Growth (2018 - 2019): Hong Kong, $6.47M

Between 2018 and 2019, the exports of Glycerol (glycerine), nes including synthetic glycero grew the fastest in Philippines ($13.2M), United Kingdom ($2.6M), Ukraine ($1.92M), Peru ($1.7M), and India ($1.05M).

Between 2018 and 2019, the fastest growing importers of Glycerol (glycerine), nes including synthetic glycero were Hong Kong ($6.47M), Russia ($2.2M), Japan ($1.38M), Belarus ($737k), and Latvia ($612k).

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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 (glycerine), nes including synthetic glycero.

In 2019,  market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Glycerol (glycerine), nes including synthetic glycero are explained by 11 countries.

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TOP NET EXPORTER (2019): Indonesia, $249M

TOP NET IMPORTER (2019): China, $177M

This map shows which countries export or import more of Glycerol (glycerine), nes including synthetic glycero. Each country is colored based on the difference in exports and imports of Glycerol (glycerine), nes including synthetic glycero during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Glycerol (glycerine), nes including synthetic glycero were Indonesia ($249M), Malaysia ($245M), Germany ($203M), Argentina ($53.7M), and Brazil ($51.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Glycerol (glycerine), nes including synthetic glycero were China ($177M), United States ($75.5M), Japan ($72.7M), Mexico ($45.4M), and Russia ($33.2M).

Import Tariffs

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In 2018, the average tariff for importing Glycerol (glycerine), nes including synthetic glycero was 0%. The countries with the highest tariffs for importing Glycerol (glycerine), nes including synthetic glycero were Sweden (0%), Austria (0%), and Finland (0%).

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.