HS Icon Laboratory, hygienic or pharmaceutical glassware nes

701790 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Laboratory, hygienic or pharmaceutical glassware nes. In 2019, Laboratory, hygienic or pharmaceutical glassware nes were the world's 2520th most traded product, with a total trade of $615M. Between 2018 and 2019 the exports of Laboratory, hygienic or pharmaceutical glassware nes grew by 0.77%, from $610M to $615M. Trade in Laboratory, hygienic or pharmaceutical glassware nes represent 0.0034% of total world trade.

Exports: In 2019 the top exporters of Laboratory, hygienic or pharmaceutical glassware nes  were United States ($134M), Germany ($125M), China ($90.8M), Netherlands ($41M), and Japan ($33.2M).

Imports: In 2019 the top importers of Laboratory, hygienic or pharmaceutical glassware nes were United States ($78.2M), Germany ($54.1M), Netherlands ($29.2M), Canada ($27.2M), and Singapore ($25.4M).

Tariffs: In 2018 the average tariff for Laboratory, hygienic or pharmaceutical glassware nes was 5.94%, making it the 3621st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Laboratory, hygienic or pharmaceutical glassware nes are Bahamas (40.2%), Sudan (35%), Bermuda (25%), Latvia (15%), and Algeria (14.6%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mozambique (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Laboratory, hygienic or pharmaceutical glassware nes ranks 1084th in the Product Complexity Index (PCI).

Description: Laboratory glassware is used to hold substances or products to be analyzed or studied. The most common types of laboratory glassware are test tubes, beakers, and flasks, which are all typically made of clear glass, and are often borosilicate glass in order to reduce the risk of shattering. Hygienic or pharmaceutical glassware is used to store, dispense, and sometimes mix drugs, medicines, and other substances. Types of laboratory glassware include vials, bottles, and ampoules for these purposes. What are the common uses of laboratory

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $134M

Top Destination (2019): United States, $78.2M

Laboratory, hygienic or pharmaceutical glassware nes are the world's 2520th most traded product.

In 2019, the top exporters of Laboratory, hygienic or pharmaceutical glassware nes were United States ($134M), Germany ($125M), China ($90.8M), Netherlands ($41M), and Japan ($33.2M).

In 2019, the top importers of Laboratory, hygienic or pharmaceutical glassware nes were United States ($78.2M), Germany ($54.1M), Netherlands ($29.2M), Canada ($27.2M), and Singapore ($25.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Netherlands, $14.3M

Top Destination Growth (2018 - 2019): Peru, $3.84M

Between 2018 and 2019, the exports of Laboratory, hygienic or pharmaceutical glassware nes grew the fastest in Netherlands ($14.3M), China ($12.3M), Costa Rica ($4.89M), Germany ($3.25M), and Chile ($3.24M).

Between 2018 and 2019, the fastest growing importers of Laboratory, hygienic or pharmaceutical glassware nes were Peru ($3.84M), Netherlands ($3.69M), Russia ($2.37M), United Kingdom ($2.26M), and South Korea ($2.25M).

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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 Laboratory, hygienic or pharmaceutical glassware nes.

In 2019,  market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Laboratory, hygienic or pharmaceutical glassware nes are explained by 14 countries.

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TOP NET EXPORTER (2019): Germany, $71M

TOP NET IMPORTER (2019): Canada, $26M

This map shows which countries export or import more of Laboratory, hygienic or pharmaceutical glassware nes. Each country is colored based on the difference in exports and imports of Laboratory, hygienic or pharmaceutical glassware nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Laboratory, hygienic or pharmaceutical glassware nes were Germany ($71M), China ($68.9M), United States ($55.7M), Japan ($15.4M), and Netherlands ($11.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Laboratory, hygienic or pharmaceutical glassware nes were Canada ($26M), Singapore ($16.9M), Spain ($14.2M), South Korea ($13.8M), and France ($12.5M).

Import Tariffs

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In 2018, the average tariff for importing Laboratory, hygienic or pharmaceutical glassware nes was 5.94%. The countries with the highest tariffs for importing Laboratory, hygienic or pharmaceutical glassware nes were Bahamas (40.2%), Sudan (35%), Bermuda (25%), Latvia (15%), and Algeria (14.6%).

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.