HS Icon Hydrometer, pyrometer, hygrometer, alone or combined

902580 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Hydrometer, pyrometer, hygrometer, alone or combined. In 2019, Hydrometer, pyrometer, hygrometer, alone or combined were the world's 1750th most traded product, with a total trade of $1.25B. Between 2018 and 2019 the exports of Hydrometer, pyrometer, hygrometer, alone or combined grew by 5.23%, from $1.19B to $1.25B. Trade in Hydrometer, pyrometer, hygrometer, alone or combined represent 0.0069% of total world trade.

Exports: In 2019 the top exporters of Hydrometer, pyrometer, hygrometer, alone or combined  were China ($230M), United States ($175M), Germany ($164M), Finland ($87M), and Netherlands ($68M).

Imports: In 2019 the top importers of Hydrometer, pyrometer, hygrometer, alone or combined were United States ($199M), Germany ($119M), China ($83.8M), Netherlands ($68.3M), and France ($50.4M).

Tariffs: In 2018 the average tariff for Hydrometer, pyrometer, hygrometer, alone or combined was 4.7%, making it the 4377th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Hydrometer, pyrometer, hygrometer, alone or combined are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Paraguay (17.3%), and Venezuela (17.3%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Hydrometer, pyrometer, hygrometer, alone or combined ranks 1063rd in the Product Complexity Index (PCI).

Description: A hydrometer measures the specific gravity of a liquid and is used to calculate the sugar content of a liquid. A pyrometer measures the intensity of infrared radiation and is used to measure the temperature. A hygrometer measures the humidity and is used to measure the relative humidity.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $230M

Top Destination (2019): United States, $199M

Hydrometer, pyrometer, hygrometer, alone or combined are the world's 1750th most traded product.

In 2019, the top exporters of Hydrometer, pyrometer, hygrometer, alone or combined were China ($230M), United States ($175M), Germany ($164M), Finland ($87M), and Netherlands ($68M).

In 2019, the top importers of Hydrometer, pyrometer, hygrometer, alone or combined were United States ($199M), Germany ($119M), China ($83.8M), Netherlands ($68.3M), and France ($50.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $29.4M

Top Destination Growth (2018 - 2019): Germany, $16.4M

Between 2018 and 2019, the exports of Hydrometer, pyrometer, hygrometer, alone or combined grew the fastest in United States ($29.4M), Germany ($17.4M), France ($13.3M), Hong Kong ($9.46M), and Poland ($5.89M).

Between 2018 and 2019, the fastest growing importers of Hydrometer, pyrometer, hygrometer, alone or combined were Germany ($16.4M), Mexico ($14.7M), Poland ($7.04M), France ($6.96M), and China ($5.59M).

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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 Hydrometer, pyrometer, hygrometer, alone or combined.

In 2019,  market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Hydrometer, pyrometer, hygrometer, alone or combined are explained by 19 countries.

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TOP NET EXPORTER (2019): China, $146M

TOP NET IMPORTER (2019): United States, $23.6M

This map shows which countries export or import more of Hydrometer, pyrometer, hygrometer, alone or combined. Each country is colored based on the difference in exports and imports of Hydrometer, pyrometer, hygrometer, alone or combined during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Hydrometer, pyrometer, hygrometer, alone or combined were China ($146M), Finland ($82.1M), Germany ($45M), Switzerland ($29.3M), and Hong Kong ($21.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Hydrometer, pyrometer, hygrometer, alone or combined were United States ($23.6M), Japan ($23M), Canada ($21M), Mexico ($20.5M), and Spain ($15.6M).

Import Tariffs

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In 2018, the average tariff for importing Hydrometer, pyrometer, hygrometer, alone or combined was 4.7%. The countries with the highest tariffs for importing Hydrometer, pyrometer, hygrometer, alone or combined were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Paraguay (17.3%), and Venezuela (17.3%).

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.