HS Icon Phenols

270760 (Harmonized System 1992 for 6-digit)

World Trade (2016): $7.38M, Rnk 4593 / 4853

Top Exporter (2016): $7.38M, Philippines

Top Importer (2016): $7.38M, South Korea

Mean Tariff (2018): 1.66%, Rnk 6274 / 6538

Share of World Trade (2016): <0.01%, Rnk 4593 / 4853

Exports: In 2016 the top exporters of Phenols  were Philippines ($7.38M) and United States ($1.24k).

Imports: In 2016 the top importers of Phenols were South Korea ($7.38M), Vietnam ($1.8k), and Philippines ($1.24k).

Tariffs: In 2018 the average tariff for Phenols was 1.66%, been the 6274 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Phenols are Romania (6.86%), Poland (6.04%), Bulgaria (3.5%), Slovenia (2.64%), and Slovakia (2.2%).

Exporters and Importers

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Trade By Country

Top Origin (2016): Philippines, $7.38M

Top Destination (2016): South Korea, $7.38M

Phenols are the world's 4593rd most traded product.

In 2016, the top exporters of Phenols were Philippines ($7.38M) and United States ($1.24k).

In 2016, the top importers of Phenols were South Korea ($7.38M), Vietnam ($1.8k), and Philippines ($1.24k).

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Market Dynamics

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Trade by country

Value

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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 Phenols.

In 2016,  market concentration measured using Shannon Entropy, was 0.0023. This means that most of the exports of Phenols are explained by 1 countries.

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This map shows which countries export or import more of Phenols. Each country is colored based on the difference in exports and imports of Phenols during 2016.

Trade Forecasts

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This section shows forecasts for total trade for Phenols. 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 Phenols was 1.66%.  The countries with the highest tariffs for importing Phenols were Romania (6.86%), Poland (6.04%), Bulgaria (3.5%), Slovenia (2.64%), and Slovakia (2.2%).

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