HS Icon Parts for radio/tv transmit/receive equipment, nes

852990 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Parts for radio/tv transmit/receive equipment, nes. In 2019, Parts for radio/tv transmit/receive equipment, nes were the world's 44th most traded product, with a total trade of $51.9B. Between 2018 and 2019 the exports of Parts for radio/tv transmit/receive equipment, nes grew by 7%, from $48.5B to $51.9B. Trade in Parts for radio/tv transmit/receive equipment, nes represent 0.29% of total world trade.

Exports: In 2019 the top exporters of Parts for radio/tv transmit/receive equipment, nes  were China ($17.2B), South Korea ($9.71B), Chinese Taipei ($4.95B), Vietnam ($3.99B), and Germany ($2.3B).

Imports: In 2019 the top importers of Parts for radio/tv transmit/receive equipment, nes were China ($9.09B), Hong Kong ($5.05B), Vietnam ($3.6B), Mexico ($3.47B), and South Korea ($3.21B).

Tariffs: In 2018 the average tariff for Parts for radio/tv transmit/receive equipment, nes was 5.95%, making it the 3620th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts for radio/tv transmit/receive equipment, nes are Bahamas (40.2%), Algeria (27.1%), Bermuda (25%), Tanzania (23.6%), and Rwanda (23.5%). The countries with the lowest tariffs are Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), Indonesia (0%), and Japan (0%).

Ranking: Parts for radio/tv transmit/receive equipment, nes ranks 1884th in the Product Complexity Index (PCI).

Description: Radio waves are transmitted on a radio frequency, and a receiver picks up the waves. The receiver takes the waves and converts them back into sound. A transmitter sends the waves out and a receiver picks up the waves.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $17.2B

Top Destination (2019): China, $9.09B

Parts for radio/tv transmit/receive equipment, nes are the world's 44th most traded product.

In 2019, the top exporters of Parts for radio/tv transmit/receive equipment, nes were China ($17.2B), South Korea ($9.71B), Chinese Taipei ($4.95B), Vietnam ($3.99B), and Germany ($2.3B).

In 2019, the top importers of Parts for radio/tv transmit/receive equipment, nes were China ($9.09B), Hong Kong ($5.05B), Vietnam ($3.6B), Mexico ($3.47B), and South Korea ($3.21B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): South Korea, $2.44B

Top Destination Growth (2018 - 2019): South Korea, $1.38B

Between 2018 and 2019, the exports of Parts for radio/tv transmit/receive equipment, nes grew the fastest in South Korea ($2.44B), China ($1.06B), Vietnam ($444M), Germany ($301M), and France ($154M).

Between 2018 and 2019, the fastest growing importers of Parts for radio/tv transmit/receive equipment, nes were South Korea ($1.38B), Mexico ($741M), Vietnam ($592M), India ($485M), and Qatar ($279M).

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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 radio/tv transmit/receive equipment, nes.

In 2019,  market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Parts for radio/tv transmit/receive equipment, nes are explained by 11 countries.

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TOP NET EXPORTER (2019): China, $8.06B

TOP NET IMPORTER (2019): Hong Kong, $4.22B

This map shows which countries export or import more of Parts for radio/tv transmit/receive equipment, nes. Each country is colored based on the difference in exports and imports of Parts for radio/tv transmit/receive equipment, nes during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Parts for radio/tv transmit/receive equipment, nes were China ($8.06B), South Korea ($6.5B), Chinese Taipei ($4.36B), Vietnam ($388M), and Philippines ($337M).

In 2019, the countries that had a largest trade value in imports than in exports of Parts for radio/tv transmit/receive equipment, nes were Hong Kong ($4.22B), Mexico ($3B), India ($1.6B), Brazil ($1.4B), and Poland ($1.32B).

Import Tariffs

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In 2018, the average tariff for importing Parts for radio/tv transmit/receive equipment, nes was 5.95%. The countries with the highest tariffs for importing Parts for radio/tv transmit/receive equipment, nes were Bahamas (40.2%), Algeria (27.1%), Bermuda (25%), Tanzania (23.6%), and Rwanda (23.5%).

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.