HS Icon Light Rubberized Knitted Fabric

6002 (Harmonized System 1992 for 4-digit)

World Trade (2018): $29.9B, Rnk 126 / 1225

Top Exporter (2018): $13.7B, China

Top Importer (2018): $5.79B, Vietnam

Product Complexity (2018): -0.42, Rnk 671 / 1018

Export Growth (CAGR)(2017 - 2018): 18.1%, Rnk 385 / 1225

Mean Tariff (2018): 15.1%, Rnk 194 / 1259

Share of World Trade (2018): 0.16%, Rnk 126 / 1225

Overview:  This page contains the latest trade data of Light Rubberized Knitted Fabric. In 2018, Light Rubberized Knitted Fabric were the world's 126th most traded product, with a total trade of $29.9B. Between 2017 and 2018 the exports of Light Rubberized Knitted Fabric grew by 18.1%, from  $25.3B to $29.9B. Trade in Light Rubberized Knitted Fabric represent 0.16% of total world trade.

Exports: In 2018 the top exporters of Light Rubberized Knitted Fabric  were China ($13.7B), South Korea ($2.83B), Chinese Taipei ($2.26B), Hong Kong ($1.57B), and Turkey ($1.45B).

Imports: In 2018 the top importers of Light Rubberized Knitted Fabric were Vietnam ($5.79B), Cambodia ($1.96B), Hong Kong ($1.83B), Indonesia ($1.52B), and United States ($1.12B).

Tariffs: In 2018 the average tariff for Light Rubberized Knitted Fabric was 15.1%, been the 194 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Light Rubberized Knitted Fabric are Iran (70%), Bahamas (40.2%), Sudan (35%), Ethiopia (34.7%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Sri Lanka (0%), and Singapore (0%).

Ranking: Light Rubberized Knitted Fabric ranks 671st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $13.7B

Top Destination (2018): Vietnam, $5.79B

Light Rubberized Knitted Fabric are the world's 126th most traded product.

In 2018, the top exporters of Light Rubberized Knitted Fabric were China ($13.7B), South Korea ($2.83B), Chinese Taipei ($2.26B), Hong Kong ($1.57B), and Turkey ($1.45B).

In 2018, the top importers of Light Rubberized Knitted Fabric were Vietnam ($5.79B), Cambodia ($1.96B), Hong Kong ($1.83B), Indonesia ($1.52B), and United States ($1.12B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $2.09B

Top Destination Growth (2017 - 2018): Vietnam, $1.28B

Between 2017 and 2018, the exports of Light Rubberized Knitted Fabric grew the fastest in China ($2.09B), Chinese Taipei ($989M), Thailand ($210M), Turkey ($160M), and United States ($147M).

Between 2017 and 2018, the fastest growing importers of Light Rubberized Knitted Fabric were Vietnam ($1.28B), Cambodia ($469M), Indonesia ($322M), Egypt ($232M), and United States ($230M).

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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 Light Rubberized Knitted Fabric.

In 2018,  market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Light Rubberized Knitted Fabric are explained by 10 countries.

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TOP NET EXPORTER (2018): China, $12.6B

TOP NET IMPORTER (2018): Vietnam, $5.34B

This map shows which countries export or import more of Light Rubberized Knitted Fabric. Each country is colored based on the difference in exports and imports of Light Rubberized Knitted Fabric during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Light Rubberized Knitted Fabric were China ($12.6B), South Korea ($2.7B), Chinese Taipei ($2.23B), Turkey ($1.14B), and Japan ($470M).

In 2018, the countries that had a largest trade value in imports than in exports of Light Rubberized Knitted Fabric were Vietnam ($5.34B), Cambodia ($1.96B), Indonesia ($1.43B), Bangladesh ($1.06B), and Sri Lanka ($719M).

Import Tariffs

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In 2018, the average tariff for importing Light Rubberized Knitted Fabric was 15.1%.  The countries with the highest tariffs for importing Light Rubberized Knitted Fabric were Iran (70%), Bahamas (40.2%), Sudan (35%), Ethiopia (34.7%), and Uzbekistan (28.7%).

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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.