HS Icon Golf clubs, complete

950631 (Harmonized System 1992 for 6-digit)

World Trade (2019): $1.64B, Rnk 1488 / 4648

Top Exporter (2019): $547M, China

Top Importer (2019): $464M, United States

Product Complexity (2019): 1.12, Rnk 611 / 4826

Export Growth (CAGR)(2018 - 2019): 4.67%, Rnk 801 / 4648

Mean Tariff (2018): 11.8%, Rnk 1799 / 6538

Share of World Trade (2019): 0.0091%, Rnk 1488 / 4648

Overview:  This page contains the latest trade data of Golf clubs, complete. In 2019, Golf clubs, complete were the world's 1488th most traded product, with a total trade of $1.64B. Between 2018 and 2019 the exports of Golf clubs, complete grew by 4.67%, from  $1.57B to $1.64B. Trade in Golf clubs, complete represent 0.0091% of total world trade.

Exports: In 2019 the top exporters of Golf clubs, complete  were China ($547M), Japan ($289M), Mexico ($234M), United Kingdom ($173M), and United States ($152M).

Imports: In 2019 the top importers of Golf clubs, complete were United States ($464M), South Korea ($262M), Japan ($256M), Canada ($101M), and United Kingdom ($85.5M).

Tariffs: In 2018 the average tariff for Golf clubs, complete was 11.8%, making it the 1799th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Golf clubs, complete are Iran (50%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Ecuador (27.5%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Golf clubs, complete ranks 611th in the Product Complexity Index (PCI).

Description: A golf club is a tool used in the sport of golf. The club is a long stick that has a metal head at one of its ends and is used to hit the ball. The club is used to drive the ball from the teeing ground to where it lies on the green or some other point on the course.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $547M

Top Destination (2019): United States, $464M

Golf clubs, complete are the world's 1488th most traded product.

In 2019, the top exporters of Golf clubs, complete were China ($547M), Japan ($289M), Mexico ($234M), United Kingdom ($173M), and United States ($152M).

In 2019, the top importers of Golf clubs, complete were United States ($464M), South Korea ($262M), Japan ($256M), Canada ($101M), and United Kingdom ($85.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $28.1M

Top Destination Growth (2018 - 2019): United States, $37.6M

Between 2018 and 2019, the exports of Golf clubs, complete grew the fastest in United States ($28.1M), Mexico ($23.2M), Chinese Taipei ($22.2M), China ($19.3M), and Hong Kong ($3.35M).

Between 2018 and 2019, the fastest growing importers of Golf clubs, complete were United States ($37.6M), Canada ($35.3M), Netherlands ($10.2M), China ($5.22M), and South Korea ($4.46M).

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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 Golf clubs, complete.

In 2019,  market concentration measured using Shannon Entropy, was 2.86. This means that most of the exports of Golf clubs, complete are explained by 7 countries.

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TOP NET EXPORTER (2019): China, $529M

TOP NET IMPORTER (2019): United States, $312M

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

In 2019, the countries that had a largest trade value in exports than in imports of Golf clubs, complete were China ($529M), Mexico ($227M), United Kingdom ($87.7M), Vietnam ($64.6M), and Chinese Taipei ($44.1M).

In 2019, the countries that had a largest trade value in imports than in exports of Golf clubs, complete were United States ($312M), South Korea ($260M), Canada ($98.3M), Germany ($43.4M), and France ($37.7M).

Import Tariffs

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In 2018, the average tariff for importing Golf clubs, complete was 11.8%.  The countries with the highest tariffs for importing Golf clubs, complete were Iran (50%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Ecuador (27.5%).

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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.