HS Icon Nickel-cadmium electric accumulators

850730 (Harmonized System 1992 for 6-digit)

World Trade (2019): $972M, Rnk 2035 / 4648

Top Exporter (2019): $204M, United States

Top Importer (2019): $137M, Mexico

Product Complexity (2019): -0.51, Rnk 3358 / 4826

Export Growth (CAGR)(2018 - 2019): 2.39%, Rnk 1091 / 4648

Mean Tariff (2018): 7.17%, Rnk 3134 / 6538

Share of World Trade (2019): 0.0054%, Rnk 2035 / 4648

Overview:  This page contains the latest trade data of Nickel-cadmium electric accumulators. In 2019, Nickel-cadmium electric accumulators were the world's 2035th most traded product, with a total trade of $972M. Between 2018 and 2019 the exports of Nickel-cadmium electric accumulators grew by 2.39%, from  $949M to $972M. Trade in Nickel-cadmium electric accumulators represent 0.0054% of total world trade.

Exports: In 2019 the top exporters of Nickel-cadmium electric accumulators  were United States ($204M), Sweden ($137M), France ($132M), Germany ($122M), and China ($110M).

Imports: In 2019 the top importers of Nickel-cadmium electric accumulators were Mexico ($137M), United States ($103M), Germany ($49.6M), United Kingdom ($45.9M), and Malaysia ($41.9M).

Tariffs: In 2018 the average tariff for Nickel-cadmium electric accumulators was 7.17%, making it the 3134th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Nickel-cadmium electric accumulators are Cambodia (35%), Bermuda (35%), Maldives (34.2%), Bahamas (31.2%), and Fiji (31.1%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Zambia (0%), Hong Kong (0%), and Japan (0%).

Ranking: Nickel-cadmium electric accumulators ranks 3358th in the Product Complexity Index (PCI).

Description: Ni-Cad batteries are most often used in cordless power tools and are also used on boats.

Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $204M

Top Destination (2019): Mexico, $137M

Nickel-cadmium electric accumulators are the world's 2035th most traded product.

In 2019, the top exporters of Nickel-cadmium electric accumulators were United States ($204M), Sweden ($137M), France ($132M), Germany ($122M), and China ($110M).

In 2019, the top importers of Nickel-cadmium electric accumulators were Mexico ($137M), United States ($103M), Germany ($49.6M), United Kingdom ($45.9M), and Malaysia ($41.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $94.1M

Top Destination Growth (2018 - 2019): Mexico, $110M

Between 2018 and 2019, the exports of Nickel-cadmium electric accumulators grew the fastest in United States ($94.1M), Germany ($11.5M), Singapore ($11.3M), France ($10.3M), and Czechia ($2.93M).

Between 2018 and 2019, the fastest growing importers of Nickel-cadmium electric accumulators were Mexico ($110M), United Arab Emirates ($11.2M), Singapore ($6.64M), Poland ($3.85M), and France ($3.25M).

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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 Nickel-cadmium electric accumulators.

In 2019,  market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Nickel-cadmium electric accumulators are explained by 13 countries.

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TOP NET EXPORTER (2019): Sweden, $129M

TOP NET IMPORTER (2019): Mexico, $124M

This map shows which countries export or import more of Nickel-cadmium electric accumulators. Each country is colored based on the difference in exports and imports of Nickel-cadmium electric accumulators during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Nickel-cadmium electric accumulators were Sweden ($129M), France ($107M), United States ($100M), China ($78M), and Germany ($72.3M).

In 2019, the countries that had a largest trade value in imports than in exports of Nickel-cadmium electric accumulators were Mexico ($124M), Malaysia ($39.9M), United Arab Emirates ($28.1M), Poland ($22.4M), and Spain ($20.4M).

Import Tariffs

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In 2018, the average tariff for importing Nickel-cadmium electric accumulators was 7.17%.  The countries with the highest tariffs for importing Nickel-cadmium electric accumulators were Cambodia (35%), Bermuda (35%), Maldives (34.2%), Bahamas (31.2%), and Fiji (31.1%).

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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.