HS Icon Parts and accessories of electronic calculators

847321 (Harmonized System 1992 for 6-digit)

World Trade (2018): $260M, Rnk 3450 / 4726

Top Exporter (2018): $45.5M, China

Top Importer (2018): $32.8M, Singapore

Product Complexity (2018): 0.68, Rnk 1328 / 4873

Export Growth (CAGR)(2017 - 2018): 20.7%, Rnk 1327 / 4726

Mean Tariff (2018): 3.73%, Rnk 5236 / 6538

Share of World Trade (2018): 0.0014%, Rnk 3450 / 4726

Overview:  This page contains the latest trade data of Parts and accessories of electronic calculators. In 2018, Parts and accessories of electronic calculators were the world's 3450th most traded product, with a total trade of $260M. Between 2017 and 2018 the exports of Parts and accessories of electronic calculators grew by 20.7%, from  $215M to $260M. Trade in Parts and accessories of electronic calculators represent 0.0014% of total world trade.

Exports: In 2018 the top exporters of Parts and accessories of electronic calculators  were China ($45.5M), United Kingdom ($31.4M), Thailand ($26.1M), Chinese Taipei ($25.8M), and Australia ($24.6M).

Imports: In 2018 the top importers of Parts and accessories of electronic calculators were Singapore ($32.8M), United States ($30.4M), Hong Kong ($23.2M), Malaysia ($19.9M), and Philippines ($14.7M).

Tariffs: In 2018 the average tariff for Parts and accessories of electronic calculators was 3.73%, been the 5236 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts and accessories of electronic calculators are Algeria (25.6%), Bermuda (25%), Ethiopia (19.8%), Cameroon (19.6%), and Gabon (19.6%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), South Africa (0%), United Arab Emirates (0%), and Armenia (0%).

Ranking: Parts and accessories of electronic calculators ranks 1328th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $45.5M

Top Destination (2018): Singapore, $32.8M

Parts and accessories of electronic calculators are the world's 3450th most traded product.

In 2018, the top exporters of Parts and accessories of electronic calculators were China ($45.5M), United Kingdom ($31.4M), Thailand ($26.1M), Chinese Taipei ($25.8M), and Australia ($24.6M).

In 2018, the top importers of Parts and accessories of electronic calculators were Singapore ($32.8M), United States ($30.4M), Hong Kong ($23.2M), Malaysia ($19.9M), and Philippines ($14.7M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Thailand, $21.4M

Top Destination Growth (2017 - 2018): Singapore, $32.6M

Between 2017 and 2018, the exports of Parts and accessories of electronic calculators grew the fastest in Thailand ($21.4M), Chinese Taipei ($21.3M), Australia ($11.1M), United Kingdom ($10.7M), and United States ($8.49M).

Between 2017 and 2018, the fastest growing importers of Parts and accessories of electronic calculators were Singapore ($32.6M), United States ($18.5M), Philippines ($10.3M), Malaysia ($5.97M), and Australia ($3.68M).

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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 Parts and accessories of electronic calculators.

In 2018,  market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Parts and accessories of electronic calculators are explained by 18 countries.

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TOP NET EXPORTER (2018): China, $32.3M

TOP NET IMPORTER (2018): Singapore, $26.7M

This map shows which countries export or import more of Parts and accessories of electronic calculators. Each country is colored based on the difference in exports and imports of Parts and accessories of electronic calculators during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Parts and accessories of electronic calculators were China ($32.3M), United Kingdom ($23.8M), Thailand ($22.9M), Chinese Taipei ($22.5M), and Australia ($20.6M).

In 2018, the countries that had a largest trade value in imports than in exports of Parts and accessories of electronic calculators were Singapore ($26.7M), Hong Kong ($20.3M), Malaysia ($17.5M), United States ($17.2M), and Philippines ($12.3M).

Trade Forecasts

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This section shows forecasts for total trade for Parts and accessories of electronic calculators. 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 Parts and accessories of electronic calculators was 3.73%.  The countries with the highest tariffs for importing Parts and accessories of electronic calculators were Algeria (25.6%), Bermuda (25%), Ethiopia (19.8%), Cameroon (19.6%), and Gabon (19.6%).

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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.