HS Icon Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried)

121190 (Harmonized System 1992 for 6-digit)

World Trade (2019): $2.88B, Rnk 1020 / 4648

Top Exporter (2019): $729M, China

Top Importer (2019): $372M, United States

Product Complexity (2019): -2.04, Rnk 4699 / 4826

Export Growth (CAGR)(2018 - 2019): -1.34%, Rnk 1844 / 4648

Mean Tariff (2018): 4.79%, Rnk 4305 / 6538

Share of World Trade (2019): 0.016%, Rnk 1020 / 4648

Overview:  This page contains the latest trade data of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried). In 2019, Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) were the world's 1020th most traded product, with a total trade of $2.88B. Between 2018 and 2019 the exports of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) decreased by -1.34%, from  $2.92B to $2.88B. Trade in Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) represent 0.016% of total world trade.

Exports: In 2019 the top exporters of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried)  were China ($729M), India ($289M), Germany ($183M), United States ($139M), and Egypt ($91.4M).

Imports: In 2019 the top importers of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) were United States ($372M), Germany ($332M), Japan ($210M), South Korea ($129M), and France ($116M).

Tariffs: In 2018 the average tariff for Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) was 4.79%, making it the 4305th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) are Tunisia (36%), Lebanon (33.6%), Cambodia (32.8%), Turkey (29.7%), and India (24.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Sri Lanka (0%), Maldives (0%), and Singapore (0%).

Ranking: Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) ranks 4699th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $729M

Top Destination (2019): United States, $372M

Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) are the world's 1020th most traded product.

In 2019, the top exporters of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) were China ($729M), India ($289M), Germany ($183M), United States ($139M), and Egypt ($91.4M).

In 2019, the top importers of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) were United States ($372M), Germany ($332M), Japan ($210M), South Korea ($129M), and France ($116M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): China, $14.7M

Top Destination Growth (2018 - 2019): Vietnam, $21.7M

Between 2018 and 2019, the exports of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) grew the fastest in China ($14.7M), Spain ($13.9M), Albania ($11.5M), Canada ($8.69M), and Russia ($7.4M).

Between 2018 and 2019, the fastest growing importers of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) were Vietnam ($21.7M), South Korea ($14.9M), France ($10.9M), Canada ($10.1M), and Poland ($10.1M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried).

In 2019,  market concentration measured using Shannon Entropy, was 4.92. This means that most of the exports of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) are explained by 30 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $655M

TOP NET IMPORTER (2019): United States, $233M

This map shows which countries export or import more of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried). Each country is colored based on the difference in exports and imports of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) were China ($655M), India ($218M), Egypt ($83.8M), Morocco ($56.1M), and Indonesia ($52.8M).

In 2019, the countries that had a largest trade value in imports than in exports of Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) were United States ($233M), Japan ($207M), Germany ($149M), South Korea ($124M), and Chinese Taipei ($81.4M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) was 4.79%.  The countries with the highest tariffs for importing Other plants of a kind use for perfumery, pharmacy, insecticidal purpose (fresh or dried) were Tunisia (36%), Lebanon (33.6%), Cambodia (32.8%), Turkey (29.7%), and India (24.4%).

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.