HS Icon Other Non-Knit Clothing Accessories

6217 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.71B, Rnk 653 / 1225

Top Exporter (2018): $621M, South Korea

Top Importer (2018): $517M, Vietnam

Export Growth (CAGR)(2017 - 2018): 6.17%, Rnk 931 / 1225

Mean Tariff (2018): 21.8%, Rnk 93 / 1259

Share of World Trade (2018): 0.015%, Rnk 653 / 1225

Overview:  This page contains the latest trade data of Other Non-Knit Clothing Accessories. In 2018, Other Non-Knit Clothing Accessories were the world's 653rd most traded product, with a total trade of $2.71B. Between 2017 and 2018 the exports of Other Non-Knit Clothing Accessories grew by 6.17%, from  $2.55B to $2.71B. Trade in Other Non-Knit Clothing Accessories represent 0.015% of total world trade.

Exports: In 2018 the top exporters of Other Non-Knit Clothing Accessories  were South Korea ($621M), China ($424M), Italy ($393M), Spain ($137M), and Singapore ($114M).

Imports: In 2018 the top importers of Other Non-Knit Clothing Accessories were Vietnam ($517M), United States ($191M), Singapore ($125M), Morocco ($121M), and Hong Kong ($103M).

Tariffs: In 2018 the average tariff for Other Non-Knit Clothing Accessories was 21.8%, been the 93 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Non-Knit Clothing Accessories are Iran (100%), Syria (73.5%), Cape Verde (40%), Bolivia (38.5%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): South Korea, $621M

Top Destination (2018): Vietnam, $517M

Other Non-Knit Clothing Accessories are the world's 653rd most traded product.

In 2018, the top exporters of Other Non-Knit Clothing Accessories were South Korea ($621M), China ($424M), Italy ($393M), Spain ($137M), and Singapore ($114M).

In 2018, the top importers of Other Non-Knit Clothing Accessories were Vietnam ($517M), United States ($191M), Singapore ($125M), Morocco ($121M), and Hong Kong ($103M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): South Korea, $117M

Top Destination Growth (2017 - 2018): Vietnam, $102M

Between 2017 and 2018, the exports of Other Non-Knit Clothing Accessories grew the fastest in South Korea ($117M), Italy ($83.2M), Chinese Taipei ($82.6M), United Kingdom ($42.9M), and United States ($16.7M).

Between 2017 and 2018, the fastest growing importers of Other Non-Knit Clothing Accessories were Vietnam ($102M), Indonesia ($50.4M), Australia ($38.6M), Hong Kong ($35.7M), and Japan ($17M).

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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 Other Non-Knit Clothing Accessories.

In 2018,  market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Other Non-Knit Clothing Accessories are explained by 17 countries.

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TOP NET EXPORTER (2018): South Korea, $586M

TOP NET IMPORTER (2018): Vietnam, $495M

This map shows which countries export or import more of Other Non-Knit Clothing Accessories. Each country is colored based on the difference in exports and imports of Other Non-Knit Clothing Accessories during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Other Non-Knit Clothing Accessories were South Korea ($586M), China ($350M), Italy ($317M), Chinese Taipei ($90.2M), and Spain ($86.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Non-Knit Clothing Accessories were Vietnam ($495M), Morocco ($118M), United States ($110M), Indonesia ($96.2M), and Japan ($69.2M).

Trade Forecasts

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This section shows forecasts for total trade for Other Non-Knit Clothing Accessories. 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 Other Non-Knit Clothing Accessories was 21.8%.  The countries with the highest tariffs for importing Other Non-Knit Clothing Accessories were Iran (100%), Syria (73.5%), Cape Verde (40%), Bolivia (38.5%), and Sudan (35%).

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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.