HS Icon Machines to assemble electric lamps, glass envelope

847510 (Harmonized System 1992 for 6-digit)

World Trade (2018): $75.8M, Rnk 4244 / 4726

Top Exporter (2018): $15.9M, United Kingdom

Top Importer (2018): $9.07M, Philippines

Export Growth (CAGR)(2017 - 2018): 37.6%, Rnk 543 / 4726

Mean Tariff (2018): 2.8%, Rnk 5832 / 6538

Share of World Trade (2018): 0.00041%, Rnk 4244 / 4726

Overview:  This page contains the latest trade data of Machines to assemble electric lamps, glass envelope. In 2018, Machines to assemble electric lamps, glass envelope were the world's 4244th most traded product, with a total trade of $75.8M. Between 2017 and 2018 the exports of Machines to assemble electric lamps, glass envelope grew by 37.6%, from  $55.1M to $75.8M. Trade in Machines to assemble electric lamps, glass envelope represent 0.00041% of total world trade.

Exports: In 2018 the top exporters of Machines to assemble electric lamps, glass envelope  were United Kingdom ($15.9M), Italy ($15M), Malaysia ($8.79M), China ($6.6M), and United States ($4.77M).

Imports: In 2018 the top importers of Machines to assemble electric lamps, glass envelope were Philippines ($9.07M), United States ($8.61M), Iran ($6.44M), China ($5.89M), and Germany ($3.97M).

Tariffs: In 2018 the average tariff for Machines to assemble electric lamps, glass envelope was 2.8%, been the 5832 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Machines to assemble electric lamps, glass envelope are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): United Kingdom, $15.9M

Top Destination (2018): Philippines, $9.07M

Machines to assemble electric lamps, glass envelope are the world's 4244th most traded product.

In 2018, the top exporters of Machines to assemble electric lamps, glass envelope were United Kingdom ($15.9M), Italy ($15M), Malaysia ($8.79M), China ($6.6M), and United States ($4.77M).

In 2018, the top importers of Machines to assemble electric lamps, glass envelope were Philippines ($9.07M), United States ($8.61M), Iran ($6.44M), China ($5.89M), and Germany ($3.97M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $8.65M

Top Destination Growth (2017 - 2018): Philippines, $8.46M

Between 2017 and 2018, the exports of Machines to assemble electric lamps, glass envelope grew the fastest in Italy ($8.65M), Malaysia ($8.62M), United Kingdom ($7.13M), United States ($3.3M), and Belgium-Luxembourg ($2.75M).

Between 2017 and 2018, the fastest growing importers of Machines to assemble electric lamps, glass envelope were Philippines ($8.46M), United States ($6.47M), Iran ($5.9M), United Arab Emirates ($3.12M), and Romania ($2.05M).

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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 Machines to assemble electric lamps, glass envelope.

In 2018,  market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Machines to assemble electric lamps, glass envelope are explained by 11 countries.

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TOP NET EXPORTER (2018): United Kingdom, $15.3M

TOP NET IMPORTER (2018): Philippines, $9.06M

This map shows which countries export or import more of Machines to assemble electric lamps, glass envelope. Each country is colored based on the difference in exports and imports of Machines to assemble electric lamps, glass envelope during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Machines to assemble electric lamps, glass envelope were United Kingdom ($15.3M), Italy ($11.6M), Malaysia ($7.41M), France ($4.25M), and South Korea ($3.03M).

In 2018, the countries that had a largest trade value in imports than in exports of Machines to assemble electric lamps, glass envelope were Philippines ($9.06M), United States ($3.85M), United Arab Emirates ($2.31M), Poland ($1.82M), and India ($1.38M).

Import Tariffs

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In 2018, the average tariff for importing Machines to assemble electric lamps, glass envelope was 2.8%.  The countries with the highest tariffs for importing Machines to assemble electric lamps, glass envelope were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Aruba (12%).

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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.