HS Icon Phosphorus

280470 (Harmonized System 1992 for 6-digit)

World Trade (2018): $650M, Rnk 2500 / 4726

Top Exporter (2018): $279M, Vietnam

Top Importer (2018): $127M, India

Product Complexity (2018): -0.16, Rnk 2876 / 4873

Export Growth (CAGR)(2017 - 2018): 19.9%, Rnk 1382 / 4726

Mean Tariff (2018): 3.59%, Rnk 5351 / 6538

Share of World Trade (2018): 0.0035%, Rnk 2500 / 4726

Overview:  This page contains the latest trade data of Phosphorus. In 2018, Phosphorus were the world's 2500th most traded product, with a total trade of $650M. Between 2017 and 2018 the exports of Phosphorus grew by 19.9%, from  $542M to $650M. Trade in Phosphorus represent 0.0035% of total world trade.

Exports: In 2018 the top exporters of Phosphorus  were Vietnam ($279M), Kazakhstan ($211M), United States ($42.7M), Poland ($28.9M), and China ($20.2M).

Imports: In 2018 the top importers of Phosphorus were India ($127M), Germany ($111M), Poland ($75.6M), Japan ($68.3M), and Czechia ($44.6M).

Tariffs: In 2018 the average tariff for Phosphorus was 3.59%, been the 5351 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Phosphorus are Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (12.2%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Phosphorus ranks 2876th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Vietnam, $279M

Top Destination (2018): India, $127M

Phosphorus are the world's 2500th most traded product.

In 2018, the top exporters of Phosphorus were Vietnam ($279M), Kazakhstan ($211M), United States ($42.7M), Poland ($28.9M), and China ($20.2M).

In 2018, the top importers of Phosphorus were India ($127M), Germany ($111M), Poland ($75.6M), Japan ($68.3M), and Czechia ($44.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Vietnam, $58.7M

Top Destination Growth (2017 - 2018): India, $49.6M

Between 2017 and 2018, the exports of Phosphorus grew the fastest in Vietnam ($58.7M), Kazakhstan ($35.7M), Russia ($12.9M), Netherlands ($10.8M), and Latvia ($7.02M).

Between 2017 and 2018, the fastest growing importers of Phosphorus were India ($49.6M), Chinese Taipei ($20M), South Korea ($14.4M), Germany ($11.8M), and United States ($10.3M).

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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 Phosphorus.

In 2018,  market concentration measured using Shannon Entropy, was 2.33. This means that most of the exports of Phosphorus are explained by 5 countries.

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TOP NET EXPORTER (2018): Vietnam, $279M

TOP NET IMPORTER (2018): India, $123M

This map shows which countries export or import more of Phosphorus. Each country is colored based on the difference in exports and imports of Phosphorus during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Phosphorus were Vietnam ($279M), Kazakhstan ($211M), China ($18.3M), Russia ($10.9M), and Netherlands ($9.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Phosphorus were India ($123M), Germany ($101M), Japan ($63.9M), Poland ($46.7M), and Czechia ($44.5M).

Trade Forecasts

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This section shows forecasts for total trade for Phosphorus. 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 Phosphorus was 3.59%.  The countries with the highest tariffs for importing Phosphorus were Bahamas (40.2%), Bermuda (25%), Romania (17.2%), Maldives (14.7%), and Algeria (12.2%).

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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.