HS Icon Parts for sprays and powder dispersers

842490 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $5.3B, Rnk 589 / 4648

2019
Top Exporter | Top Importer
: $875M | $840M, United States | United States

2019
Product Complexity
: 0.98, Rnk 807 / 4826

2018 - 2019
Export Growth (CAGR)
: -2.3%, Rnk 2051 / 4648

2018
Mean Tariff
: 3.8%, Rnk 5174 / 6538

 2019
Share of World Trade
: 0.029%, Rnk 589 / 4648

Overview:  This page contains the latest trade data of Parts for sprays and powder dispersers. In 2019, Parts for sprays and powder dispersers were the world's 589th most traded product, with a total trade of $5.3B. Between 2018 and 2019 the exports of Parts for sprays and powder dispersers decreased by -2.3%, from  $5.42B to $5.3B. Trade in Parts for sprays and powder dispersers represent 0.029% of total world trade.

Exports: In 2019 the top exporters of Parts for sprays and powder dispersers  were United States ($875M), Germany ($858M), China ($793M), Italy ($327M), and United Kingdom ($203M).

Imports: In 2019 the top importers of Parts for sprays and powder dispersers were United States ($840M), Germany ($349M), China ($281M), France ($254M), and Canada ($232M).

Tariffs: In 2018 the average tariff for Parts for sprays and powder dispersers was 3.8%, making it the 5174th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts for sprays and powder dispersers are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Zambia (13.6%). The countries with the lowest tariffs are Angola (0%), Mozambique (0%), Mauritius (0%), South Africa (0%), and United Arab Emirates (0%).

Ranking: Parts for sprays and powder dispersers ranks 807th in the Product Complexity Index (PCI).

Description: Parts for sprays are used to measure the amount of liquid to be sprayed in a container. The parts for powder dispersers are used to measure the amount of powder to be dispersed in a container.

Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $875M

Top Destination (2019): United States, $840M

Parts for sprays and powder dispersers are the world's 589th most traded product.

In 2019, the top exporters of Parts for sprays and powder dispersers were United States ($875M), Germany ($858M), China ($793M), Italy ($327M), and United Kingdom ($203M).

In 2019, the top importers of Parts for sprays and powder dispersers were United States ($840M), Germany ($349M), China ($281M), France ($254M), and Canada ($232M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Mexico, $25.2M

Top Destination Growth (2018 - 2019): Vietnam, $12.7M

Between 2018 and 2019, the exports of Parts for sprays and powder dispersers grew the fastest in Mexico ($25.2M), Poland ($19.4M), Argentina ($9.4M), South Korea ($7.84M), and South Africa ($4.77M).

Between 2018 and 2019, the fastest growing importers of Parts for sprays and powder dispersers were Vietnam ($12.7M), Poland ($11.3M), Brazil ($11M), Netherlands ($10.8M), and Ethiopia ($7.82M).

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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 sprays and powder dispersers.

In 2019,  market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Parts for sprays and powder dispersers are explained by 19 countries.

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TOP NET EXPORTER (2019): China, $511M

TOP NET IMPORTER (2019): Canada, $152M

This map shows which countries export or import more of Parts for sprays and powder dispersers. Each country is colored based on the difference in exports and imports of Parts for sprays and powder dispersers during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Parts for sprays and powder dispersers were China ($511M), Germany ($509M), Italy ($162M), Israel ($159M), and Chinese Taipei ($81.7M).

In 2019, the countries that had a largest trade value in imports than in exports of Parts for sprays and powder dispersers were Canada ($152M), France ($117M), Russia ($102M), Brazil ($98.2M), and India ($85.7M).

Import Tariffs

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In 2018, the average tariff for importing Parts for sprays and powder dispersers was 3.8%.  The countries with the highest tariffs for importing Parts for sprays and powder dispersers were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Zambia (13.6%).

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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.