HS Icon Party Decorations

9505 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $8.63B, Rnk 358 / 1217

2019
Top Exporter | Top Importer
: $7B | $3.79B, China | United States

2019
Product Complexity
: -0.55, Rnk 676 / 961

2018 - 2019
Export Growth (CAGR)
: 10.8%, Rnk 75 / 1217

2018
Mean Tariff
: 14.9%, Rnk 203 / 1259

 2019
Share of World Trade
: 0.048%, Rnk 358 / 1217

Overview:  This page contains the latest trade data of Party Decorations. In 2019, Party Decorations were the world's 358th most traded product, with a total trade of $8.63B. Between 2018 and 2019 the exports of Party Decorations grew by 10.8%, from  $7.79B to $8.63B. Trade in Party Decorations represent 0.048% of total world trade.

Exports: In 2019 the top exporters of Party Decorations  were China ($7B), Netherlands ($283M), United States ($176M), Germany ($128M), and Poland ($105M).

Imports: In 2019 the top importers of Party Decorations were United States ($3.79B), United Kingdom ($550M), Canada ($429M), Germany ($424M), and Netherlands ($308M).

Tariffs: In 2018 the average tariff for Party Decorations was 14.9%, making it the 203rd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Party Decorations are Iran (55%), Syria (46%), Bahamas (40.7%), Cape Verde (40%), and Cambodia (35%). The countries with the lowest tariffs are Mauritius (0%), China (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Party Decorations ranks 676th in the Product Complexity Index (PCI).

Description: Festival, carnival or other entertainment articles are used in the production of other goods. They can be made from a variety of materials, including cotton, wool, silk, and polyester.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $7B

Top Destination (2019): United States, $3.79B

Party Decorations are the world's 358th most traded product.

In 2019, the top exporters of Party Decorations were China ($7B), Netherlands ($283M), United States ($176M), Germany ($128M), and Poland ($105M).

In 2019, the top importers of Party Decorations were United States ($3.79B), United Kingdom ($550M), Canada ($429M), Germany ($424M), and Netherlands ($308M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $840M

Top Destination Growth (2018 - 2019): United States, $343M

Between 2018 and 2019, the exports of Party Decorations grew the fastest in China ($840M), Germany ($11.1M), Poland ($9.28M), United States ($9.25M), and India ($8.32M).

Between 2018 and 2019, the fastest growing importers of Party Decorations were United States ($343M), Malaysia ($94.6M), United Kingdom ($93.3M), Singapore ($83.9M), and Poland ($38.9M).

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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 Party Decorations.

In 2019,  market concentration measured using Shannon Entropy, was 1.58. This means that most of the exports of Party Decorations are explained by 2 countries.

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TOP NET EXPORTER (2019): China, $6.98B

TOP NET IMPORTER (2019): United States, $3.61B

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

In 2019, the countries that had a largest trade value in exports than in imports of Party Decorations were China ($6.98B), Thailand ($33.7M), India ($24.9M), Chinese Taipei ($23.7M), and Hong Kong ($11.2M).

In 2019, the countries that had a largest trade value in imports than in exports of Party Decorations were United States ($3.61B), United Kingdom ($477M), Canada ($395M), Germany ($297M), and France ($233M).

Disaggregation

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Value

In 2019, the world most traded Party Decorations, disaggragated by their HS6 level were Articles for Christmas festivities ($5.9B) and Festive,carnival, other entertainment articles, nes ($2.73B)

Import Tariffs

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In 2018, the average tariff for importing Party Decorations was 14.9%.  The countries with the highest tariffs for importing Party Decorations were Iran (55%), Syria (46%), Bahamas (40.7%), Cape Verde (40%), and Cambodia (35%).

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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.