HS Icon Mixed xylene isomers

290244 (Harmonized System 1992 for 6-digit)

World Trade (2018): $534M, Rnk 2715 / 4726

Top Exporter (2018): $183M, United States

Top Importer (2018): $119M, Canada

Product Complexity (2018): 0.26, Rnk 2144 / 4873

Export Growth (CAGR)(2017 - 2018): 1.14%, Rnk 3738 / 4726

Mean Tariff (2018): 3.09%, Rnk 5657 / 6538

Share of World Trade (2018): 0.0029%, Rnk 2715 / 4726

Overview:  This page contains the latest trade data of Mixed xylene isomers. In 2018, Mixed xylene isomers were the world's 2715th most traded product, with a total trade of $534M. Between 2017 and 2018 the exports of Mixed xylene isomers grew by 1.14%, from  $528M to $534M. Trade in Mixed xylene isomers represent 0.0029% of total world trade.

Exports: In 2018 the top exporters of Mixed xylene isomers  were United States ($183M), Chinese Taipei ($56.9M), Netherlands ($33.9M), South Korea ($30.8M), and Germany ($27.8M).

Imports: In 2018 the top importers of Mixed xylene isomers were Canada ($119M), United Arab Emirates ($67.3M), Belgium-Luxembourg ($62.7M), India ($42.1M), and United States ($27.9M).

Tariffs: In 2018 the average tariff for Mixed xylene isomers was 3.09%, been the 5657 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mixed xylene isomers are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Ethiopia (9.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Mixed xylene isomers ranks 2144th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): United States, $183M

Top Destination (2018): Canada, $119M

Mixed xylene isomers are the world's 2715th most traded product.

In 2018, the top exporters of Mixed xylene isomers were United States ($183M), Chinese Taipei ($56.9M), Netherlands ($33.9M), South Korea ($30.8M), and Germany ($27.8M).

In 2018, the top importers of Mixed xylene isomers were Canada ($119M), United Arab Emirates ($67.3M), Belgium-Luxembourg ($62.7M), India ($42.1M), and United States ($27.9M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $74.4M

Top Destination Growth (2017 - 2018): United Arab Emirates, $67.2M

Between 2017 and 2018, the exports of Mixed xylene isomers grew the fastest in United States ($74.4M), Chinese Taipei ($48.8M), United Arab Emirates ($17.5M), Belgium-Luxembourg ($14.8M), and South Korea ($12.2M).

Between 2017 and 2018, the fastest growing importers of Mixed xylene isomers were United Arab Emirates ($67.2M), India ($39M), Canada ($29.5M), Saudi Arabia ($16.1M), and Vietnam ($14.4M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Mixed xylene isomers.

In 2018,  market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Mixed xylene isomers are explained by 12 countries.

Explore Visualizations

TOP NET EXPORTER (2018): United States, $155M

TOP NET IMPORTER (2018): Canada, $119M

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

In 2018, the countries that had a largest trade value in exports than in imports of Mixed xylene isomers were United States ($155M), Chinese Taipei ($50.1M), Netherlands ($26.6M), Israel ($25.2M), and South Korea ($23.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Mixed xylene isomers were Canada ($119M), United Arab Emirates ($47.1M), Belgium-Luxembourg ($36M), India ($34M), and Vietnam ($18.8M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Mixed xylene isomers. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Mixed xylene isomers was 3.09%.  The countries with the highest tariffs for importing Mixed xylene isomers were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Ethiopia (9.9%).

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.