HS Icon Glycosides

2938 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $1.38B, Rnk 832 / 1217

2019
Top Exporter | Top Importer
: $688M | $229M, China | United States

2019
Product Complexity
: 0.22, Rnk 456 / 961

2018 - 2019
Export Growth (CAGR)
: -0.57%, Rnk 436 / 1217

2018
Mean Tariff
: 2.89%, Rnk 1154 / 1259

 2019
Share of World Trade
: 0.0076%, Rnk 832 / 1217

Overview:  This page contains the latest trade data of Glycosides. In 2019, Glycosides were the world's 832nd most traded product, with a total trade of $1.38B. Between 2018 and 2019 the exports of Glycosides decreased by -0.57%, from  $1.38B to $1.38B. Trade in Glycosides represent 0.0076% of total world trade.

Exports: In 2019 the top exporters of Glycosides  were China ($688M), France ($137M), Malaysia ($117M), Spain ($53.8M), and United States ($39.8M).

Imports: In 2019 the top importers of Glycosides were United States ($229M), India ($107M), Malaysia ($93.6M), France ($91.5M), and China ($75.1M).

Tariffs: In 2018 the average tariff for Glycosides was 2.89%, making it the 1154th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Glycosides are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Cameroon (9.81%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Glycosides ranks 456th in the Product Complexity Index (PCI).

Description: Glycosides are molecules that have a sugar molecule and a non-sugar molecule attached to each other. The non-sugar molecule can be a natural molecule, such as a plant extract, or a synthetic molecule. Glycosides are used in many products, such as toothpaste, mouthwash, and cough syrup.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $688M

Top Destination (2019): United States, $229M

Glycosides are the world's 832nd most traded product.

In 2019, the top exporters of Glycosides were China ($688M), France ($137M), Malaysia ($117M), Spain ($53.8M), and United States ($39.8M).

In 2019, the top importers of Glycosides were United States ($229M), India ($107M), Malaysia ($93.6M), France ($91.5M), and China ($75.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $107M

Top Destination Growth (2018 - 2019): India, $38.2M

Between 2018 and 2019, the exports of Glycosides grew the fastest in China ($107M), Spain ($10.7M), France ($9.06M), Hong Kong ($6.52M), and Thailand ($3.6M).

Between 2018 and 2019, the fastest growing importers of Glycosides were India ($38.2M), Malaysia ($18.8M), France ($17.6M), Ireland ($15.3M), and Spain ($8.28M).

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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 Glycosides.

In 2019,  market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Glycosides are explained by 8 countries.

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TOP NET EXPORTER (2019): China, $613M

TOP NET IMPORTER (2019): United States, $189M

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

In 2019, the countries that had a largest trade value in exports than in imports of Glycosides were China ($613M), France ($45.8M), Uzbekistan ($32.5M), Malaysia ($23.2M), and Switzerland ($16.7M).

In 2019, the countries that had a largest trade value in imports than in exports of Glycosides were United States ($189M), India ($79.6M), Russia ($51M), Mexico ($45.4M), and Brazil ($40.4M).

Disaggregation

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Value

In 2019, the world most traded Glycosides, disaggragated by their HS6 level were Glycosides and salts, ethers, esters, derivs... ($1.26B) and Rutoside (rutin), derivatives, in bulk ($113M)

Import Tariffs

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In 2018, the average tariff for importing Glycosides was 2.89%.  The countries with the highest tariffs for importing Glycosides were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Cameroon (9.81%).

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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.