HS Icon Parts of centrifuges, including centrifugal dryers

842191 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1B, Rnk 2029 / 4726

Top Exporter (2018): $261M, Germany

Top Importer (2018): $161M, United States

Product Complexity (2018): 1.06, Rnk 336 / 2722

Export Growth (CAGR)(2017 - 2018): 46.9%, Rnk 381 / 4726

Mean Tariff (2018): 3.87%, Rnk 5103 / 6538

Share of World Trade (2018): 0.0055%, Rnk 2029 / 4726

Overview:  This page contains the latest trade data of Parts of centrifuges, including centrifugal dryers. In 2018, Parts of centrifuges, including centrifugal dryers were the world's 2029th most traded product, with a total trade of $1B. Between 2017 and 2018 the exports of Parts of centrifuges, including centrifugal dryers grew by 46.9%, from  $683M to $1B. Trade in Parts of centrifuges, including centrifugal dryers represent 0.0055% of total world trade.

Exports: In 2018 the top exporters of Parts of centrifuges, including centrifugal dryers  were Germany ($261M), Sweden ($162M), United States ($81.8M), Netherlands ($53.7M), and China ($52.2M).

Imports: In 2018 the top importers of Parts of centrifuges, including centrifugal dryers were United States ($161M), Germany ($88.7M), China ($72.2M), Singapore ($56.6M), and Netherlands ($45.9M).

Tariffs: In 2018 the average tariff for Parts of centrifuges, including centrifugal dryers was 3.87%, making it the 5103rd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts of centrifuges, including centrifugal dryers are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Cambodia (15%), and Zambia (13.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Armenia (0%), China (0%), and Hong Kong (0%).

Ranking: Parts of centrifuges, including centrifugal dryers ranks 336th in the Product Complexity Index (PCI).

Description: The spinning of liquids and solids like sand and salt can create a separation of the particles by their weight, such as the separation of water and sand.

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $261M

Top Destination (2018): United States, $161M

Parts of centrifuges, including centrifugal dryers are the world's 2029th most traded product.

In 2018, the top exporters of Parts of centrifuges, including centrifugal dryers were Germany ($261M), Sweden ($162M), United States ($81.8M), Netherlands ($53.7M), and China ($52.2M).

In 2018, the top importers of Parts of centrifuges, including centrifugal dryers were United States ($161M), Germany ($88.7M), China ($72.2M), Singapore ($56.6M), and Netherlands ($45.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $85.9M

Top Destination Growth (2017 - 2018): United States, $161M

Between 2017 and 2018, the exports of Parts of centrifuges, including centrifugal dryers grew the fastest in Germany ($85.9M), Sweden ($75.4M), United States ($28.6M), Netherlands ($22.6M), and China ($19M).

Between 2017 and 2018, the fastest growing importers of Parts of centrifuges, including centrifugal dryers were United States ($161M), Singapore ($56.6M), Australia ($17.4M), Germany ($11.7M), and Netherlands ($11.1M).

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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 of centrifuges, including centrifugal dryers.

In 2018,  market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Parts of centrifuges, including centrifugal dryers are explained by 15 countries.

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TOP NET EXPORTER (2018): Germany, $172M

TOP NET IMPORTER (2018): United States, $79.3M

This map shows which countries export or import more of Parts of centrifuges, including centrifugal dryers. Each country is colored based on the difference in exports and imports of Parts of centrifuges, including centrifugal dryers during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Parts of centrifuges, including centrifugal dryers were Germany ($172M), Sweden ($150M), Slovakia ($26M), United Kingdom ($19.8M), and Japan ($14.2M).

In 2018, the countries that had a largest trade value in imports than in exports of Parts of centrifuges, including centrifugal dryers were United States ($79.3M), Singapore ($44.8M), China ($19.9M), Australia ($15.9M), and Brazil ($11.3M).

Import Tariffs

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In 2018, the average tariff for importing Parts of centrifuges, including centrifugal dryers was 3.87%.  The countries with the highest tariffs for importing Parts of centrifuges, including centrifugal dryers 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.