HS Icon Metal Molds

8480 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $19B, Rnk 195 / 1217

2019
Top Exporter | Top Importer
: $5.31B | $2.75B, China | United States

2019
Product Complexity
: 1.38, Rnk 64 / 961

2018 - 2019
Export Growth (CAGR)
: -5.55%, Rnk 760 / 1217

2018
Mean Tariff
: 4.22%, Rnk 950 / 1259

 2019
Share of World Trade
: 0.11%, Rnk 195 / 1217

Overview:  This page contains the latest trade data of Metal Molds. In 2019, Metal Molds were the world's 195th most traded product, with a total trade of $19B. Between 2018 and 2019 the exports of Metal Molds decreased by -5.55%, from  $20.1B to $19B. Trade in Metal Molds represent 0.11% of total world trade.

Exports: In 2019 the top exporters of Metal Molds  were China ($5.31B), South Korea ($1.74B), Germany ($1.56B), Japan ($1.38B), and Italy ($1.32B).

Imports: In 2019 the top importers of Metal Molds were United States ($2.75B), Germany ($1.57B), Mexico ($1.5B), Japan ($948M), and China ($870M).

Tariffs: In 2018 the average tariff for Metal Molds was 4.22%, making it the 950th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Metal Molds are Bahamas (38.2%), Bermuda (25%), Maldives (19.6%), Argentina (17.4%), and Brazil (16.5%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Metal Molds ranks 64th in the Product Complexity Index (PCI).

Description: Moulding boxes are used to hold and protect moulds while they are being made. Mould bases are used to support the molds during the manufacturing process. Mould patterns are used to create moulds that can be reused over and over again. Moulds for metal, metal carbides, glass, mineral materials, rubber or plastics are used in the production of other goods.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $5.31B

Top Destination (2019): United States, $2.75B

Metal Molds are the world's 195th most traded product.

In 2019, the top exporters of Metal Molds were China ($5.31B), South Korea ($1.74B), Germany ($1.56B), Japan ($1.38B), and Italy ($1.32B).

In 2019, the top importers of Metal Molds were United States ($2.75B), Germany ($1.57B), Mexico ($1.5B), Japan ($948M), and China ($870M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $183M

Top Destination Growth (2018 - 2019): Vietnam, $145M

Between 2018 and 2019, the exports of Metal Molds grew the fastest in China ($183M), Slovenia ($21M), India ($15.9M), Luxembourg ($11.9M), and Croatia ($11.8M).

Between 2018 and 2019, the fastest growing importers of Metal Molds were Vietnam ($145M), Japan ($131M), India ($82.3M), Indonesia ($53.1M), and Morocco ($51.2M).

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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 Metal Molds.

In 2019,  market concentration measured using Shannon Entropy, was 4.09. This means that most of the exports of Metal Molds are explained by 16 countries.

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TOP NET EXPORTER (2019): China, $4.44B

TOP NET IMPORTER (2019): United States, $1.85B

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

In 2019, the countries that had a largest trade value in exports than in imports of Metal Molds were China ($4.44B), South Korea ($1.61B), Italy ($921M), Canada ($900M), and Portugal ($439M).

In 2019, the countries that had a largest trade value in imports than in exports of Metal Molds were United States ($1.85B), Mexico ($1.27B), India ($608M), Vietnam ($564M), and Thailand ($447M).

Disaggregation

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Value

In 2019, the world most traded Metal Molds, disaggragated by their HS6 level were Moulds, injection & compression, for rubber... ($12.2B), Moulds for rubber or plastic, nes ($2.33B), Moulds, injection or compression, for metals/carbides ($1.36B), Moulds for mineral materials ($1.03B), and Moulds for metal or metal carbides,... ($803M)

Import Tariffs

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In 2018, the average tariff for importing Metal Molds was 4.22%.  The countries with the highest tariffs for importing Metal Molds were Bahamas (38.2%), Bermuda (25%), Maldives (19.6%), Argentina (17.4%), and Brazil (16.5%).

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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.