HS Icon Metal Mountings

8302 (Harmonized System 1992 for 4-digit)

World Trade (2018): $35.1B, Rnk 105 / 1225

Top Exporter (2018): $10.4B, China

Top Importer (2018): $5.85B, United States

Product Complexity (2018): 1.05, Rnk 160 / 1018

Export Growth (CAGR)(2017 - 2018): 8.69%, Rnk 834 / 1225

Mean Tariff (2018): 10.2%, Rnk 412 / 1259

Share of World Trade (2018): 0.19%, Rnk 105 / 1225

Overview:  This page contains the latest trade data of Metal Mountings. In 2018, Metal Mountings were the world's 105th most traded product, with a total trade of $35.1B. Between 2017 and 2018 the exports of Metal Mountings grew by 8.69%, from  $32.3B to $35.1B. Trade in Metal Mountings represent 0.19% of total world trade.

Exports: In 2018 the top exporters of Metal Mountings  were China ($10.4B), Germany ($5.32B), United States ($2.62B), Austria ($2.22B), and Italy ($1.69B).

Imports: In 2018 the top importers of Metal Mountings were United States ($5.85B), Germany ($2.76B), Mexico ($1.47B), Poland ($1.45B), and United Kingdom ($1.42B).

Tariffs: In 2018 the average tariff for Metal Mountings was 10.2%, making it the 412th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Metal Mountings are Bahamas (38.5%), Iran (35.6%), Sudan (35%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Metal Mountings ranks 160th in the Product Complexity Index (PCI).

Description: Base metal mountings, fittings and similar articles suitable for furniture, doors, staircases, windows, blinds, coachwork, saddlery, trunks, chests, caskets or the like; base metal hat-racks, hat-pegs, brackets and similar fixtures; castors with mountings of base metal; automatic door closers of base metal are used in the production of other goods. They can be made from a variety of materials including steel and aluminum.

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $10.4B

Top Destination (2018): United States, $5.85B

Metal Mountings are the world's 105th most traded product.

In 2018, the top exporters of Metal Mountings were China ($10.4B), Germany ($5.32B), United States ($2.62B), Austria ($2.22B), and Italy ($1.69B).

In 2018, the top importers of Metal Mountings were United States ($5.85B), Germany ($2.76B), Mexico ($1.47B), Poland ($1.45B), and United Kingdom ($1.42B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $601M

Top Destination Growth (2017 - 2018): China, $348M

Between 2017 and 2018, the exports of Metal Mountings grew the fastest in Germany ($601M), United States ($513M), China ($371M), Austria ($334M), and Poland ($225M).

Between 2017 and 2018, the fastest growing importers of Metal Mountings were China ($348M), Malaysia ($234M), Poland ($230M), India ($226M), and Canada ($163M).

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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 Mountings.

In 2018,  market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Metal Mountings are explained by 16 countries.

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TOP NET EXPORTER (2018): China, $9.24B

TOP NET IMPORTER (2018): United States, $3.23B

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

In 2018, the countries that had a largest trade value in exports than in imports of Metal Mountings were China ($9.24B), Germany ($2.56B), Austria ($1.69B), Chinese Taipei ($926M), and Italy ($693M).

In 2018, the countries that had a largest trade value in imports than in exports of Metal Mountings were United States ($3.23B), United Kingdom ($885M), Russia ($846M), France ($791M), and Mexico ($691M).

Disaggregation

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Value

In 2018, the world most traded Metal Mountings, disaggragated by their HS6 level were Mountings, fittings, of base metal, for... ($8.08B), Mountings, fittings, of base metal, for... ($7.46B), Motor vehicle mountings, fittings, of base... ($6.48B), Hinges of base metal ($5.52B), and Mountings, fittings, of base metal, nes ($3.53B)

Import Tariffs

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In 2018, the average tariff for importing Metal Mountings was 10.2%.  The countries with the highest tariffs for importing Metal Mountings were Bahamas (38.5%), Iran (35.6%), Sudan (35%), Cameroon (29.4%), and Gabon (29.4%).

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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.