HS Icon Pesticides, rodenticides, nes, for retail sale

380890 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.28B, Rnk 1211 / 4726

Top Exporter (2018): $426M, Germany

Top Importer (2018): $125M, United States

Product Complexity (2018): -0.17, Rnk 2899 / 4873

Export Growth (CAGR)(2017 - 2018): 16.3%, Rnk 1750 / 4726

Mean Tariff (2018): 3.81%, Rnk 5156 / 6538

Share of World Trade (2018): 0.012%, Rnk 1211 / 4726

Overview:  This page contains the latest trade data of Pesticides, rodenticides, nes, for retail sale. In 2018, Pesticides, rodenticides, nes, for retail sale were the world's 1211th most traded product, with a total trade of $2.28B. Between 2017 and 2018 the exports of Pesticides, rodenticides, nes, for retail sale grew by 16.3%, from  $1.96B to $2.28B. Trade in Pesticides, rodenticides, nes, for retail sale represent 0.012% of total world trade.

Exports: In 2018 the top exporters of Pesticides, rodenticides, nes, for retail sale  were Germany ($426M), India ($351M), United States ($233M), China ($144M), and United Kingdom ($116M).

Imports: In 2018 the top importers of Pesticides, rodenticides, nes, for retail sale were United States ($125M), Brazil ($102M), France ($94.9M), Spain ($91.6M), and Belgium-Luxembourg ($84.4M).

Tariffs: In 2018 the average tariff for Pesticides, rodenticides, nes, for retail sale was 3.81%, been the 5156 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Pesticides, rodenticides, nes, for retail sale are Slovenia (8.81%), Hungary (7.25%), Romania (6.29%), Cyprus (6%), and Sweden (5.8%).

Ranking: Pesticides, rodenticides, nes, for retail sale ranks 2899th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $426M

Top Destination (2018): United States, $125M

Pesticides, rodenticides, nes, for retail sale are the world's 1211th most traded product.

In 2018, the top exporters of Pesticides, rodenticides, nes, for retail sale were Germany ($426M), India ($351M), United States ($233M), China ($144M), and United Kingdom ($116M).

In 2018, the top importers of Pesticides, rodenticides, nes, for retail sale were United States ($125M), Brazil ($102M), France ($94.9M), Spain ($91.6M), and Belgium-Luxembourg ($84.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): India, $187M

Top Destination Growth (2017 - 2018): Brazil, $71.7M

Between 2017 and 2018, the exports of Pesticides, rodenticides, nes, for retail sale grew the fastest in India ($187M), Germany ($79.4M), Thailand ($40.4M), Hungary ($19.4M), and Switzerland ($13M).

Between 2017 and 2018, the fastest growing importers of Pesticides, rodenticides, nes, for retail sale were Brazil ($71.7M), United States ($32.3M), Belgium-Luxembourg ($28.1M), Thailand ($27.7M), and Israel ($18.5M).

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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 Pesticides, rodenticides, nes, for retail sale.

In 2018,  market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Pesticides, rodenticides, nes, for retail sale are explained by 20 countries.

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TOP NET EXPORTER (2018): Germany, $355M

TOP NET IMPORTER (2018): Brazil, $88.3M

This map shows which countries export or import more of Pesticides, rodenticides, nes, for retail sale. Each country is colored based on the difference in exports and imports of Pesticides, rodenticides, nes, for retail sale during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Pesticides, rodenticides, nes, for retail sale were Germany ($355M), India ($287M), United States ($108M), China ($89M), and United Kingdom ($45.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Pesticides, rodenticides, nes, for retail sale were Brazil ($88.3M), Canada ($60.7M), Philippines ($46.8M), Burma ($33.7M), and Vietnam ($28.6M).

Trade Forecasts

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This section shows forecasts for total trade for Pesticides, rodenticides, nes, for retail sale. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Pesticides, rodenticides, nes, for retail sale was 3.81%.  The countries with the highest tariffs for importing Pesticides, rodenticides, nes, for retail sale were Slovenia (8.81%), Hungary (7.25%), Romania (6.29%), Cyprus (6%), and Sweden (5.8%).

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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.