Machines to agglomerate, shape, mould minerals or fue
847480 (Harmonized System 1992 for 6-digit)
Overview: This page contains the latest trade data of Machines to agglomerate, shape, mould minerals or fue. In 2019, Machines to agglomerate, shape, mould minerals or fue were the world's 1225th most traded product, with a total trade of $2.2B. Between 2018 and 2019 the exports of Machines to agglomerate, shape, mould minerals or fue decreased by -7.49%, from $2.38B to $2.2B. Trade in Machines to agglomerate, shape, mould minerals or fue represent 0.012% of total world trade.
Exports: In 2019 the top exporters of Machines to agglomerate, shape, mould minerals or fue were Italy ($480M), China ($476M), Germany ($412M), Spain ($84.8M), and Turkey ($79.6M).
Imports: In 2019 the top importers of Machines to agglomerate, shape, mould minerals or fue were China ($227M), Uzbekistan ($128M), India ($119M), Algeria ($103M), and United States ($103M).
Tariffs: In 2018 the average tariff for Machines to agglomerate, shape, mould minerals or fue was 4%, making it the 4968th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Machines to agglomerate, shape, mould minerals or fue 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: Machines to agglomerate, shape, mould minerals or fue ranks 3075th in the Product Complexity Index (PCI).
Description: Agglomeration: Agglomeration is a process to form aggregates of small particles of minerals or fertilizers. The process can be undertaken with a machine or by hand. Shaping: The process of shaping involves the production of granules, pellets, prills, or cake-like agglomerates. This can be done by hand, or with the use of a machine. Moulding: Moulding is a process of shaping a material into a desired shape. The material is first heated and then forced into a mould. What
Product Trade
#permalink to sectionExporters and Importers
#permalink to sectionTrade By Country
Machines to agglomerate, shape, mould minerals or fue are the world's 1225th most traded product.
In 2019, the top exporters of Machines to agglomerate, shape, mould minerals or fue were Italy ($480M), China ($476M), Germany ($412M), Spain ($84.8M), and Turkey ($79.6M).
In 2019, the top importers of Machines to agglomerate, shape, mould minerals or fue were China ($227M), Uzbekistan ($128M), India ($119M), Algeria ($103M), and United States ($103M).
Market Dynamics
#permalink to sectionTrade by country
Top Origin Growth (2018 - 2019): China, $60.5M
Top Destination Growth (2018 - 2019): Uzbekistan, $51.2M
Between 2018 and 2019, the exports of Machines to agglomerate, shape, mould minerals or fue grew the fastest in China ($60.5M), Poland ($11.4M), Mexico ($8.79M), Canada ($7.27M), and Belgium ($6.58M).
Between 2018 and 2019, the fastest growing importers of Machines to agglomerate, shape, mould minerals or fue were Uzbekistan ($51.2M), Saudi Arabia ($21.5M), Philippines ($14.5M), Bangladesh ($14.2M), and Canada ($12.4M).
Market Concentration
#permalink to sectionCumulative market share
This chart shows the evolution of the market concentration of exports of Machines to agglomerate, shape, mould minerals or fue.
In 2019, market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Machines to agglomerate, shape, mould minerals or fue are explained by 14 countries.
Net Trade
#permalink to sectionTOP NET EXPORTER (2019): Italy, $463M
TOP NET IMPORTER (2019): Uzbekistan, $128M
This map shows which countries export or import more of Machines to agglomerate, shape, mould minerals or fue. Each country is colored based on the difference in exports and imports of Machines to agglomerate, shape, mould minerals or fue during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Machines to agglomerate, shape, mould minerals or fue were Italy ($463M), Germany ($348M), China ($249M), Denmark ($53.3M), and Japan ($36.5M).
In 2019, the countries that had a largest trade value in imports than in exports of Machines to agglomerate, shape, mould minerals or fue were Uzbekistan ($128M), India ($89.6M), Russia ($62.5M), Vietnam ($53.4M), and United States ($51M).
Tariffs
#permalink to sectionImport Tariffs
#permalink to sectionIn 2018, the average tariff for importing Machines to agglomerate, shape, mould minerals or fue was 4%. The countries with the highest tariffs for importing Machines to agglomerate, shape, mould minerals or fue were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Venezuela (13.4%).
Product Complexity
#permalink to sectionDiversification Frontier
#permalink to sectionThe 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.
