HS Icon Lactams other than 6-hexanelactam

293379 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Lactams other than 6-hexanelactam. In 2019, Lactams other than 6-hexanelactam were the world's 167th most traded product, with a total trade of $16.7B. Between 2018 and 2019 the exports of Lactams other than 6-hexanelactam decreased by -12.7%, from $19.1B to $16.7B. Trade in Lactams other than 6-hexanelactam represent 0.092% of total world trade.

Exports In 2019 the top exporters of Lactams other than 6-hexanelactam  were Ireland ($9.08B), Belgium ($3.24B), United Kingdom ($1.61B), Switzerland ($789M), and Singapore ($582M).

Imports In 2019 the top importers of Lactams other than 6-hexanelactam were Germany ($7.71B), Belgium ($3.41B), United States ($2.55B), Italy ($596M), and Ireland ($542M).

Tariffs In 2018 the average tariff for Lactams other than 6-hexanelactam was 2.98%, making it the 5729th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Lactams other than 6-hexanelactam are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (13.3%), and Ethiopia (9.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking Lactams other than 6-hexanelactam ranks 82nd in the Product Complexity Index (PCI).

Description Lactams are used in a variety of applications, ranging from the production of polymers for the electronics industry, to the production of pharmaceuticals. For example, the common uses of lactams other than 6-hexanelactam are polymers for the electronics industry, pharmaceuticals, and the production of detergents.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Ireland, $9.08B

Top Destination (2019): Germany, $7.71B

Lactams other than 6-hexanelactam are the world's 167th most traded product.

In 2019, the top exporters of Lactams other than 6-hexanelactam were Ireland ($9.08B), Belgium ($3.24B), United Kingdom ($1.61B), Switzerland ($789M), and Singapore ($582M).

In 2019, the top importers of Lactams other than 6-hexanelactam were Germany ($7.71B), Belgium ($3.41B), United States ($2.55B), Italy ($596M), and Ireland ($542M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Ireland, $1.29B

Top Destination Growth (2018 - 2019): Germany, $1.17B

Between 2018 and 2019, the exports of Lactams other than 6-hexanelactam grew the fastest in Ireland ($1.29B), United Kingdom ($1B), China ($64.7M), Japan ($21.5M), and Canada ($9.37M).

Between 2018 and 2019, the fastest growing importers of Lactams other than 6-hexanelactam were Germany ($1.17B), United States ($782M), Ireland ($170M), Spain ($136M), and Netherlands ($92.1M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Lactams other than 6-hexanelactam.

In 2019,  market concentration measured using Shannon Entropy, was 2.23. This means that most of the exports of Lactams other than 6-hexanelactam are explained by 4 countries.

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TOP NET EXPORTER (2019): Ireland, $8.53B

TOP NET IMPORTER (2019): Germany, $7.56B

This map shows which countries export or import more of Lactams other than 6-hexanelactam. Each country is colored based on the difference in exports and imports of Lactams other than 6-hexanelactam during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Lactams other than 6-hexanelactam were Ireland ($8.53B), United Kingdom ($1.46B), Singapore ($550M), Switzerland ($483M), and China ($238M).

In 2019, the countries that had a largest trade value in imports than in exports of Lactams other than 6-hexanelactam were Germany ($7.56B), United States ($2.41B), Italy ($552M), Spain ($241M), and Belgium ($173M).

Import Tariffs

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In 2018, the average tariff for importing Lactams other than 6-hexanelactam was 2.98%. The countries with the highest tariffs for importing Lactams other than 6-hexanelactam were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (13.3%), and Ethiopia (9.9%).

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.