HS Icon Paintings/drawings/pastels executed by hand

970110 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Paintings/drawings/pastels executed by hand. In 2019, Paintings/drawings/pastels executed by hand were the world's 168th most traded product, with a total trade of $16.7B. Between 2018 and 2019 the exports of Paintings/drawings/pastels executed by hand decreased by -4.75%, from $17.5B to $16.7B. Trade in Paintings/drawings/pastels executed by hand represent 0.092% of total world trade.

Exports: In 2019 the top exporters of Paintings/drawings/pastels executed by hand  were United States ($6.38B), United Kingdom ($2.77B), France ($1.24B), Switzerland ($1.14B), and Russia ($667M).

Imports: In 2019 the top importers of Paintings/drawings/pastels executed by hand were United States ($3.3B), Hong Kong ($2.81B), United Kingdom ($2.39B), Switzerland ($1.61B), and Germany ($770M).

Tariffs: In 2018 the average tariff for Paintings/drawings/pastels executed by hand was 6.44%, making it the 3417th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Paintings/drawings/pastels executed by hand are Zimbabwe (36.5%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Uzbekistan (28.7%). The countries with the lowest tariffs are Algeria (0%), Mauritius (0%), South Africa (0%), Zambia (0%), and Armenia (0%).

Ranking: Paintings/drawings/pastels executed by hand ranks 1316th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $6.38B

Top Destination (2019): United States, $3.3B

Paintings/drawings/pastels executed by hand are the world's 168th most traded product.

In 2019, the top exporters of Paintings/drawings/pastels executed by hand were United States ($6.38B), United Kingdom ($2.77B), France ($1.24B), Switzerland ($1.14B), and Russia ($667M).

In 2019, the top importers of Paintings/drawings/pastels executed by hand were United States ($3.3B), Hong Kong ($2.81B), United Kingdom ($2.39B), Switzerland ($1.61B), and Germany ($770M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Russia, $633M

Top Destination Growth (2018 - 2019): United Kingdom, $700M

Between 2018 and 2019, the exports of Paintings/drawings/pastels executed by hand grew the fastest in Russia ($633M), China ($352M), Canada ($138M), United Arab Emirates ($137M), and India ($96.1M).

Between 2018 and 2019, the fastest growing importers of Paintings/drawings/pastels executed by hand were United Kingdom ($700M), United Arab Emirates ($418M), Canada ($359M), Greece ($128M), and Belgium ($115M).

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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 Paintings/drawings/pastels executed by hand.

In 2019,  market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of Paintings/drawings/pastels executed by hand are explained by 10 countries.

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TOP NET EXPORTER (2019): United States, $3.08B

TOP NET IMPORTER (2019): Hong Kong, $2.56B

This map shows which countries export or import more of Paintings/drawings/pastels executed by hand. Each country is colored based on the difference in exports and imports of Paintings/drawings/pastels executed by hand during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Paintings/drawings/pastels executed by hand were United States ($3.08B), Russia ($541M), France ($487M), United Kingdom ($387M), and China ($241M).

In 2019, the countries that had a largest trade value in imports than in exports of Paintings/drawings/pastels executed by hand were Hong Kong ($2.56B), United Arab Emirates ($512M), Switzerland ($471M), Canada ($294M), and Germany ($275M).

Import Tariffs

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In 2018, the average tariff for importing Paintings/drawings/pastels executed by hand was 6.44%. The countries with the highest tariffs for importing Paintings/drawings/pastels executed by hand were Zimbabwe (36.5%), Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), and Uzbekistan (28.7%).

Product Complexity

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Diversification Frontier

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Specialization

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.