HS Icon Mountings, fittings, of base metal, for buildings, ne

830241 (Harmonized System 1992 for 6-digit)

World Trade (2018): $7.46B, Rnk 436 / 4726

Top Exporter (2018): $2.6B, China

Top Importer (2018): $1.32B, United States

Export Growth (CAGR)(2017 - 2018): 5.42%, Rnk 3282 / 4726

Mean Tariff (2018): 9.92%, Rnk 2290 / 6538

Share of World Trade (2018): 0.041%, Rnk 436 / 4726

Overview:  This page contains the latest trade data of Mountings, fittings, of base metal, for buildings, ne. In 2018, Mountings, fittings, of base metal, for buildings, ne were the world's 436th most traded product, with a total trade of $7.46B. Between 2017 and 2018 the exports of Mountings, fittings, of base metal, for buildings, ne grew by 5.42%, from  $7.07B to $7.46B. Trade in Mountings, fittings, of base metal, for buildings, ne represent 0.041% of total world trade.

Exports: In 2018 the top exporters of Mountings, fittings, of base metal, for buildings, ne  were China ($2.6B), Germany ($1.2B), Italy ($411M), Austria ($347M), and United States ($307M).

Imports: In 2018 the top importers of Mountings, fittings, of base metal, for buildings, ne were United States ($1.32B), Germany ($614M), Poland ($420M), United Kingdom ($348M), and France ($342M).

Tariffs: In 2018 the average tariff for Mountings, fittings, of base metal, for buildings, ne was 9.92%, been the 2290 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Mountings, fittings, of base metal, for buildings, ne are Bahamas (40.2%), Sudan (35%), Argentina (33.4%), Sri Lanka (30%), and Cameroon (29.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $2.6B

Top Destination (2018): United States, $1.32B

Mountings, fittings, of base metal, for buildings, ne are the world's 436th most traded product.

In 2018, the top exporters of Mountings, fittings, of base metal, for buildings, ne were China ($2.6B), Germany ($1.2B), Italy ($411M), Austria ($347M), and United States ($307M).

In 2018, the top importers of Mountings, fittings, of base metal, for buildings, ne were United States ($1.32B), Germany ($614M), Poland ($420M), United Kingdom ($348M), and France ($342M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Austria, $109M

Top Destination Growth (2017 - 2018): Poland, $99.2M

Between 2017 and 2018, the exports of Mountings, fittings, of base metal, for buildings, ne grew the fastest in Austria ($109M), United States ($56.7M), Germany ($48.6M), Poland ($45.7M), and Italy ($39.2M).

Between 2017 and 2018, the fastest growing importers of Mountings, fittings, of base metal, for buildings, ne were Poland ($99.2M), Canada ($62.3M), Germany ($39.9M), France ($37.2M), and Egypt ($25.1M).

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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 Mountings, fittings, of base metal, for buildings, ne.

In 2018,  market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Mountings, fittings, of base metal, for buildings, ne are explained by 14 countries.

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TOP NET EXPORTER (2018): China, $2.52B

TOP NET IMPORTER (2018): United States, $1.01B

This map shows which countries export or import more of Mountings, fittings, of base metal, for buildings, ne. Each country is colored based on the difference in exports and imports of Mountings, fittings, of base metal, for buildings, ne during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Mountings, fittings, of base metal, for buildings, ne were China ($2.52B), Germany ($581M), Italy ($214M), Austria ($213M), and Chinese Taipei ($195M).

In 2018, the countries that had a largest trade value in imports than in exports of Mountings, fittings, of base metal, for buildings, ne were United States ($1.01B), United Kingdom ($261M), Russia ($212M), Canada ($208M), and France ($198M).

Trade Forecasts

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This section shows forecasts for total trade for Mountings, fittings, of base metal, for buildings, ne. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Mountings, fittings, of base metal, for buildings, ne was 9.92%.  The countries with the highest tariffs for importing Mountings, fittings, of base metal, for buildings, ne were Bahamas (40.2%), Sudan (35%), Argentina (33.4%), Sri Lanka (30%), and Cameroon (29.4%).

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Product Complexity

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Diversification Frontier

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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.