Hormones2937 (Harmonized System 1992 for 4-digit)
World Trade (2018): $15.3B, Rnk 239 / 1225
Top Exporter (2018): $2.87B, United States
Top Importer (2018): $2.61B, France
Product Complexity (2018): 1.24, Rnk 95 / 1018
Export Growth (CAGR)(2017 - 2018): 11.7%, Rnk 687 / 1225
Mean Tariff (2018): 2.56%, Rnk 1177 / 1259
Share of World Trade (2018): 0.083%, Rnk 239 / 1225
Overview: This page contains the latest trade data of Hormones. In 2018, Hormones were the world's 239th most traded product, with a total trade of $15.3B. Between 2017 and 2018 the exports of Hormones grew by 11.7%, from $13.7B to $15.3B. Trade in Hormones represent 0.083% of total world trade.
Exports: In 2018 the top exporters of Hormones were United States ($2.87B), Switzerland ($2.52B), Belgium-Luxembourg ($2.06B), Singapore ($1.1B), and Denmark ($940M).
Imports: In 2018 the top importers of Hormones were France ($2.61B), Austria ($2.33B), Italy ($1.64B), United States ($1.26B), and Germany ($999M).
Tariffs: In 2018 the average tariff for Hormones was 2.56%, been the 1177 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Hormones are Bahamas (40.2%), Bermuda (25%), Iran (17.5%), Maldives (14.7%), and Algeria (12.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mozambique (0%), Mauritius (0%), and Rwanda (0%).
Ranking: Hormones ranks 95th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): United States, $2.87B
Top Destination (2018): France, $2.61B
Hormones are the world's 239th most traded product.
In 2018, the top exporters of Hormones were United States ($2.87B), Switzerland ($2.52B), Belgium-Luxembourg ($2.06B), Singapore ($1.1B), and Denmark ($940M).
In 2018, the top importers of Hormones were France ($2.61B), Austria ($2.33B), Italy ($1.64B), United States ($1.26B), and Germany ($999M).
Trade by country
Top Origin Growth (2017 - 2018): Belgium-Luxembourg, $803M
Top Destination Growth (2017 - 2018): France, $1.05B
Between 2017 and 2018, the exports of Hormones grew the fastest in Belgium-Luxembourg ($803M), Austria ($728M), Singapore ($641M), Denmark ($231M), and China ($150M).
Between 2017 and 2018, the fastest growing importers of Hormones were France ($1.05B), United States ($696M), Germany ($404M), Canada ($239M), and China ($185M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Hormones.
In 2018, market concentration measured using Shannon Entropy, was 3.79. This means that most of the exports of Hormones are explained by 13 countries.
TOP NET EXPORTER (2018): Switzerland, $1.69B
TOP NET IMPORTER (2018): France, $2.39B
This map shows which countries export or import more of Hormones. Each country is colored based on the difference in exports and imports of Hormones during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Hormones were Switzerland ($1.69B), United States ($1.62B), Belgium-Luxembourg ($1.19B), Singapore ($1.05B), and Denmark ($924M).
In 2018, the countries that had a largest trade value in imports than in exports of Hormones were France ($2.39B), Austria ($1.55B), Italy ($1.13B), Canada ($877M), and Germany ($533M).
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.
Have questions, comments, or concerns?
Send us an e-mail: [email protected]
v4.0.2 ant