HS Icon Glycosides

2938 (Harmonized System 1992 for 4-digit)

World Trade (2018): $1.38B, Rnk 834 / 1225

Top Exporter (2018): $581M, China

Top Importer (2018): $281M, United States

Export Growth (CAGR)(2017 - 2018): 1.59%, Rnk 1053 / 1225

Mean Tariff (2018): 2.89%, Rnk 1154 / 1259

Share of World Trade (2018): 0.0075%, Rnk 834 / 1225

Overview:  This page contains the latest trade data of Glycosides. In 2018, Glycosides were the world's 834th most traded product, with a total trade of $1.38B. Between 2017 and 2018 the exports of Glycosides grew by 1.59%, from  $1.36B to $1.38B. Trade in Glycosides represent 0.0075% of total world trade.

Exports: In 2018 the top exporters of Glycosides  were China ($581M), France ($128M), Malaysia ($124M), Belgium-Luxembourg ($56.3M), and United States ($46.6M).

Imports: In 2018 the top importers of Glycosides were United States ($281M), China ($119M), Malaysia ($74.8M), France ($73.7M), and India ($69.5M).

Tariffs: In 2018 the average tariff for Glycosides was 2.89%, been the 1154 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%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $581M

Top Destination (2018): United States, $281M

Glycosides are the world's 834th most traded product.

In 2018, the top exporters of Glycosides were China ($581M), France ($128M), Malaysia ($124M), Belgium-Luxembourg ($56.3M), and United States ($46.6M).

In 2018, the top importers of Glycosides were United States ($281M), China ($119M), Malaysia ($74.8M), France ($73.7M), and India ($69.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $21.9M

Top Destination Growth (2017 - 2018): China, $16.1M

Between 2017 and 2018, the exports of Glycosides grew the fastest in China ($21.9M), India ($8.6M), Germany ($8.09M), Malaysia ($7.56M), and Morocco ($6.31M).

Between 2017 and 2018, the fastest growing importers of Glycosides were China ($16.1M), Brazil ($12.9M), Hong Kong ($11.7M), Malaysia ($9.71M), and United Kingdom ($9.65M).

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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 2018,  market concentration measured using Shannon Entropy, was 3.44. This means that most of the exports of Glycosides are explained by 10 countries.

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TOP NET EXPORTER (2018): China, $462M

TOP NET IMPORTER (2018): United States, $234M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Glycosides were China ($462M), France ($54.4M), Malaysia ($49.5M), Belgium-Luxembourg ($49.4M), and Singapore ($38.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Glycosides were United States ($234M), Russia ($57.8M), Mexico ($43.5M), Brazil ($37.2M), and India ($36.6M).

Trade Forecasts

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This section shows forecasts for total trade for Glycosides. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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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.