HS Icon Parts for filter/purifying machines for liquid/gas

842199 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Parts for filter/purifying machines for liquid/gas. In 2019, Parts for filter/purifying machines for liquid/gas were the world's 183rd most traded product, with a total trade of $15.5B. Between 2018 and 2019 the exports of Parts for filter/purifying machines for liquid/gas grew by 4.21%, from $14.9B to $15.5B. Trade in Parts for filter/purifying machines for liquid/gas represent 0.085% of total world trade.

Exports: In 2019 the top exporters of Parts for filter/purifying machines for liquid/gas  were Germany ($3.31B), United States ($2.17B), China ($2.11B), Japan ($824M), and Czechia ($583M).

Imports: In 2019 the top importers of Parts for filter/purifying machines for liquid/gas were United States ($1.75B), China ($1.31B), Germany ($1.27B), France ($667M), and United Kingdom ($527M).

Tariffs: In 2018 the average tariff for Parts for filter/purifying machines for liquid/gas was 4.55%, making it the 4481st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts for filter/purifying machines for liquid/gas are Bahamas (40.2%), Sri Lanka (24.4%), Algeria (24.3%), Maldives (20%), and Republic of the Congo (19.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Armenia (0%), Hong Kong (0%), and Japan (0%).

Ranking: Parts for filter/purifying machines for liquid/gas ranks 806th in the Product Complexity Index (PCI).

Description: Many appliances are made with the specific purpose of filtration and purification of liquids or gases. Filters are often used to remove dissolved solids, such as salt, from water. Gas filters are used to remove contaminants from the air.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $3.31B

Top Destination (2019): United States, $1.75B

Parts for filter/purifying machines for liquid/gas are the world's 183rd most traded product.

In 2019, the top exporters of Parts for filter/purifying machines for liquid/gas were Germany ($3.31B), United States ($2.17B), China ($2.11B), Japan ($824M), and Czechia ($583M).

In 2019, the top importers of Parts for filter/purifying machines for liquid/gas were United States ($1.75B), China ($1.31B), Germany ($1.27B), France ($667M), and United Kingdom ($527M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $216M

Top Destination Growth (2018 - 2019): Germany, $93.2M

Between 2018 and 2019, the exports of Parts for filter/purifying machines for liquid/gas grew the fastest in China ($216M), Czechia ($214M), Netherlands ($110M), Romania ($74.1M), and South Africa ($47.4M).

Between 2018 and 2019, the fastest growing importers of Parts for filter/purifying machines for liquid/gas were Germany ($93.2M), France ($70.2M), United Kingdom ($46.8M), Poland ($40.7M), and Malaysia ($39M).

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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 for filter/purifying machines for liquid/gas.

In 2019,  market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Parts for filter/purifying machines for liquid/gas are explained by 19 countries.

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TOP NET EXPORTER (2019): Germany, $2.04B

TOP NET IMPORTER (2019): Russia, $305M

This map shows which countries export or import more of Parts for filter/purifying machines for liquid/gas. Each country is colored based on the difference in exports and imports of Parts for filter/purifying machines for liquid/gas during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Parts for filter/purifying machines for liquid/gas were Germany ($2.04B), China ($799M), United States ($422M), Czechia ($384M), and Japan ($319M).

In 2019, the countries that had a largest trade value in imports than in exports of Parts for filter/purifying machines for liquid/gas were Russia ($305M), France ($218M), Turkey ($217M), Singapore ($205M), and Malaysia ($176M).

Import Tariffs

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In 2018, the average tariff for importing Parts for filter/purifying machines for liquid/gas was 4.55%. The countries with the highest tariffs for importing Parts for filter/purifying machines for liquid/gas were Bahamas (40.2%), Sri Lanka (24.4%), Algeria (24.3%), Maldives (20%), and Republic of the Congo (19.6%).

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.