HS Icon Lake Pigments

3205 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $265M, Rnk 1111 / 1217

2019
Top Exporter | Top Importer
: $55.9M | $21.4M, India | Mexico

2018 - 2019
Export Growth (CAGR)
: -8.94%, Rnk 927 / 1217

2018
Mean Tariff
: 4.47%, Rnk 916 / 1259

 2019
Share of World Trade
: 0.0015%, Rnk 1111 / 1217

Overview:  This page contains the latest trade data of Lake Pigments. In 2019, Lake Pigments were the world's 1111th most traded product, with a total trade of $265M. Between 2018 and 2019 the exports of Lake Pigments decreased by -8.94%, from  $291M to $265M. Trade in Lake Pigments represent 0.0015% of total world trade.

Exports: In 2019 the top exporters of Lake Pigments  were India ($55.9M), Peru ($51.4M), United States ($42.3M), United Kingdom ($25.9M), and Germany ($14.8M).

Imports: In 2019 the top importers of Lake Pigments were Mexico ($21.4M), China ($20.1M), Bangladesh ($14.6M), Germany ($14.6M), and United States ($13.4M).

Tariffs: In 2018 the average tariff for Lake Pigments was 4.47%, making it the 916th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Lake Pigments are Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Nepal (14.8%), and Azerbaijan (14.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).

Exporters and Importers

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Trade By Country

Top Origin (2019): India, $55.9M

Top Destination (2019): Mexico, $21.4M

Lake Pigments are the world's 1111th most traded product.

In 2019, the top exporters of Lake Pigments were India ($55.9M), Peru ($51.4M), United States ($42.3M), United Kingdom ($25.9M), and Germany ($14.8M).

In 2019, the top importers of Lake Pigments were Mexico ($21.4M), China ($20.1M), Bangladesh ($14.6M), Germany ($14.6M), and United States ($13.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): India, $7.5M

Top Destination Growth (2018 - 2019): Mexico, $4.76M

Between 2018 and 2019, the exports of Lake Pigments grew the fastest in India ($7.5M), Colombia ($1.2M), Japan ($862k), Poland ($564k), and Hungary ($520k).

Between 2018 and 2019, the fastest growing importers of Lake Pigments were Mexico ($4.76M), China ($3.01M), Iran ($2.16M), Bangladesh ($1.96M), and Singapore ($805k).

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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 Lake Pigments.

In 2019,  market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Lake Pigments are explained by 12 countries.

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TOP NET EXPORTER (2019): India, $53.7M

TOP NET IMPORTER (2019): Mexico, $18.7M

This map shows which countries export or import more of Lake Pigments. Each country is colored based on the difference in exports and imports of Lake Pigments during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Lake Pigments were India ($53.7M), Peru ($51M), United States ($28.8M), United Kingdom ($19.3M), and Netherlands ($8.09M).

In 2019, the countries that had a largest trade value in imports than in exports of Lake Pigments were Mexico ($18.7M), China ($14.9M), Bangladesh ($14.6M), Brazil ($8.92M), and Canada ($6.76M).

Disaggregation

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Value

In 2019, the world most traded Lake Pigments, disaggragated by their HS6 level were Colour lakes, preparations based thereon ($265M)

Import Tariffs

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In 2018, the average tariff for importing Lake Pigments was 4.47%.  The countries with the highest tariffs for importing Lake Pigments were Bahamas (40.2%), Uzbekistan (28.7%), Bermuda (25%), Nepal (14.8%), and Azerbaijan (14.4%).

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Product Complexity

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Diversification Frontier

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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.