HS Icon Machinery for pulping fibrous cellulosic material

843910 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $480M, Rnk 2809 / 4648

2019
Top Exporter | Top Importer
: $152M | $57.6M, China | Russia

2019
Product Complexity
: 0.37, Rnk 1966 / 4826

2018 - 2019
Export Growth (CAGR)
: 21.7%, Rnk 164 / 4648

2018
Mean Tariff
: 3.97%, Rnk 5003 / 6538

 2019
Share of World Trade
: 0.0026%, Rnk 2809 / 4648

Overview:  This page contains the latest trade data of Machinery for pulping fibrous cellulosic material. In 2019, Machinery for pulping fibrous cellulosic material were the world's 2809th most traded product, with a total trade of $480M. Between 2018 and 2019 the exports of Machinery for pulping fibrous cellulosic material grew by 21.7%, from  $394M to $480M. Trade in Machinery for pulping fibrous cellulosic material represent 0.0026% of total world trade.

Exports: In 2019 the top exporters of Machinery for pulping fibrous cellulosic material  were China ($152M), Finland ($69.3M), Sweden ($63.3M), Austria ($42.3M), and Germany ($33.7M).

Imports: In 2019 the top importers of Machinery for pulping fibrous cellulosic material were Russia ($57.6M), South Africa ($51.6M), Chile ($41.7M), China ($41.6M), and United States ($35.6M).

Tariffs: In 2018 the average tariff for Machinery for pulping fibrous cellulosic material was 3.97%, making it the 5003rd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Machinery for pulping fibrous cellulosic material are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Venezuela (13.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Machinery for pulping fibrous cellulosic material ranks 1966th in the Product Complexity Index (PCI).

Description: Papermaking Machines are used to make paper. Paper is made from wood pulp. Papermaking Machines compress the wood pulp into a sheet that is placed on a wire mesh screen. The screen is immersed in an aqueous solution of pulp that is called the wet end of the papermaking process. As the papermaking machine distributes the pulp on the screen, water is drained through the screen and the mesh catches the pulp. The pulp is then dried to hold the paper together. The paper is then cut to size and a coating is applied, usually in the form of a water-soluble adhesive.

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $152M

Top Destination (2019): Russia, $57.6M

Machinery for pulping fibrous cellulosic material are the world's 2809th most traded product.

In 2019, the top exporters of Machinery for pulping fibrous cellulosic material were China ($152M), Finland ($69.3M), Sweden ($63.3M), Austria ($42.3M), and Germany ($33.7M).

In 2019, the top importers of Machinery for pulping fibrous cellulosic material were Russia ($57.6M), South Africa ($51.6M), Chile ($41.7M), China ($41.6M), and United States ($35.6M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): China, $79.7M

Top Destination Growth (2018 - 2019): South Africa, $50.7M

Between 2018 and 2019, the exports of Machinery for pulping fibrous cellulosic material grew the fastest in China ($79.7M), Chinese Taipei ($11.9M), Finland ($10.9M), Sweden ($10.7M), and Germany ($9.8M).

Between 2018 and 2019, the fastest growing importers of Machinery for pulping fibrous cellulosic material were South Africa ($50.7M), Chile ($33.3M), Indonesia ($14.1M), Malaysia ($13.6M), and Slovakia ($12.1M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Machinery for pulping fibrous cellulosic material.

In 2019,  market concentration measured using Shannon Entropy, was 3.44. This means that most of the exports of Machinery for pulping fibrous cellulosic material are explained by 10 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $111M

TOP NET IMPORTER (2019): Russia, $57.6M

This map shows which countries export or import more of Machinery for pulping fibrous cellulosic material. Each country is colored based on the difference in exports and imports of Machinery for pulping fibrous cellulosic material during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Machinery for pulping fibrous cellulosic material were China ($111M), Finland ($67.7M), Sweden ($60.6M), Austria ($39M), and Germany ($19.2M).

In 2019, the countries that had a largest trade value in imports than in exports of Machinery for pulping fibrous cellulosic material were Russia ($57.6M), South Africa ($51.2M), Chile ($41.7M), Indonesia ($25.8M), and Vietnam ($21.9M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Machinery for pulping fibrous cellulosic material was 3.97%.  The countries with the highest tariffs for importing Machinery for pulping fibrous cellulosic material were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Venezuela (13.4%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.