Iron Housewares7323 (Harmonized System 1992 for 4-digit)
World Trade (2018): $12.3B, Rnk 283 / 1225
Top Exporter (2018): $7.47B, China
Top Importer (2018): $2.63B, United States
Product Complexity (2018): -0.64, Rnk 735 / 1018
Export Growth (CAGR)(2017 - 2018): 6.36%, Rnk 921 / 1225
Mean Tariff (2018): 12.4%, Rnk 298 / 1259
Share of World Trade (2018): 0.067%, Rnk 283 / 1225
Overview: This page contains the latest trade data of Iron Housewares. In 2018, Iron Housewares were the world's 283rd most traded product, with a total trade of $12.3B. Between 2017 and 2018 the exports of Iron Housewares grew by 6.36%, from $11.5B to $12.3B. Trade in Iron Housewares represent 0.067% of total world trade.
Exports: In 2018 the top exporters of Iron Housewares were China ($7.47B), Germany ($648M), India ($571M), Italy ($340M), and France ($293M).
Imports: In 2018 the top importers of Iron Housewares were United States ($2.63B), Germany ($855M), United Kingdom ($453M), France ($443M), and Netherlands ($382M).
Tariffs: In 2018 the average tariff for Iron Housewares was 12.4%, making it the 298th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Iron Housewares are Egypt (42.9%), Bahamas (41.3%), Zimbabwe (41.1%), Syria (40.7%), and Cambodia (35%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Switzerland (0%), and Norway (0%).
Ranking: Iron Housewares ranks 735th in the Product Complexity Index (PCI).
Description: Table, kitchen or other household articles are used in the production of other goods. They can be made from a variety of materials, including iron and steel.
Trade By Country
Top Origin (2018): China, $7.47B
Top Destination (2018): United States, $2.63B
Iron Housewares are the world's 283rd most traded product.
In 2018, the top exporters of Iron Housewares were China ($7.47B), Germany ($648M), India ($571M), Italy ($340M), and France ($293M).
In 2018, the top importers of Iron Housewares were United States ($2.63B), Germany ($855M), United Kingdom ($453M), France ($443M), and Netherlands ($382M).
Trade by country
Between 2017 and 2018, the exports of Iron Housewares grew the fastest in China ($218M), United Arab Emirates ($97.9M), Chinese Taipei ($79.8M), Belgium-Luxembourg ($66.8M), and Netherlands ($55M).
Between 2017 and 2018, the fastest growing importers of Iron Housewares were Singapore ($100M), Netherlands ($78.8M), Germany ($77.1M), India ($73.2M), and Indonesia ($55.5M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Iron Housewares.
In 2018, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Iron Housewares are explained by 7 countries.
TOP NET EXPORTER (2018): China, $7.36B
TOP NET IMPORTER (2018): United States, $2.45B
This map shows which countries export or import more of Iron Housewares. Each country is colored based on the difference in exports and imports of Iron Housewares during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Iron Housewares were China ($7.36B), India ($432M), Turkey ($202M), Italy ($120M), and Chinese Taipei ($118M).
In 2018, the countries that had a largest trade value in imports than in exports of Iron Housewares were United States ($2.45B), United Kingdom ($364M), Japan ($313M), Canada ($275M), and South Korea ($269M).
In 2018, the world most traded Iron Housewares, disaggragated by their HS6 level were Table/kitchen articles, parts, stainless steel ($6.59B), Table/kitchen articles, parts, of iron or... ($3.93B), Table/kitchen articles, parts, enamelled iron or... ($757M), Table/kitchen articles, parts, enamelled cast iron ($445M), and Iron or steel wool, pot scourers,... ($295M)
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.
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