HS Icon Parts of seats

940190 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Parts of seats. In 2019, Parts of seats were the world's 79th most traded product, with a total trade of $31.3B. Between 2018 and 2019 the exports of Parts of seats decreased by -3.3%, from $32.4B to $31.3B. Trade in Parts of seats represent 0.17% of total world trade.

Exports In 2019 the top exporters of Parts of seats  were Mexico ($5.79B), China ($4.16B), Poland ($2.4B), Czechia ($2.33B), and United States ($2.29B).

Imports In 2019 the top importers of Parts of seats were United States ($8.73B), Germany ($3.96B), Czechia ($1.63B), Canada ($1.45B), and Mexico ($1.38B).

Tariffs In 2018 the average tariff for Parts of seats was 9.8%, making it the 2322nd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Parts of seats are Cape Verde (50%), Bahamas (40.2%), Bolivia (38.5%), Cambodia (35%), and Sudan (35%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Taiwan (0%), Switzerland (0%), and Norway (0%).

Ranking Parts of seats ranks 2801st in the Product Complexity Index (PCI).

Description The back rest provides a support for the upper back, while the seat provides a support for the pelvis. The armrests provide support for the arms and provide a barrier between the seat and the person's lap.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Mexico, $5.79B

Top Destination (2019): United States, $8.73B

Parts of seats are the world's 79th most traded product.

In 2019, the top exporters of Parts of seats were Mexico ($5.79B), China ($4.16B), Poland ($2.4B), Czechia ($2.33B), and United States ($2.29B).

In 2019, the top importers of Parts of seats were United States ($8.73B), Germany ($3.96B), Czechia ($1.63B), Canada ($1.45B), and Mexico ($1.38B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Turkey, $200M

Top Destination Growth (2018 - 2019): Vietnam, $103M

Between 2018 and 2019, the exports of Parts of seats grew the fastest in Turkey ($200M), China ($167M), United Kingdom ($130M), Vietnam ($128M), and Morocco ($47.6M).

Between 2018 and 2019, the fastest growing importers of Parts of seats were Vietnam ($103M), United Kingdom ($88.1M), Hungary ($67.9M), United Arab Emirates ($32.6M), and Romania ($31.5M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Parts of seats.

In 2019,  market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Parts of seats are explained by 20 countries.

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TOP NET EXPORTER (2019): Mexico, $4.41B

TOP NET IMPORTER (2019): United States, $6.43B

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

In 2019, the countries that had a largest trade value in exports than in imports of Parts of seats were Mexico ($4.41B), China ($3.43B), Poland ($1.35B), Romania ($910M), and Czechia ($699M).

In 2019, the countries that had a largest trade value in imports than in exports of Parts of seats were United States ($6.43B), Germany ($1.92B), Spain ($703M), United Kingdom ($676M), and Japan ($524M).

Import Tariffs

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In 2018, the average tariff for importing Parts of seats was 9.8%. The countries with the highest tariffs for importing Parts of seats were Cape Verde (50%), Bahamas (40.2%), Bolivia (38.5%), Cambodia (35%), and Sudan (35%).

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.