HS Icon Physical exercise, gymnasium and athletics equipment

950691 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $10B, Rnk 305 / 4648

2019
Top Exporter | Top Importer
: $5.21B | $2.72B, China | United States

2019
Product Complexity
: 0.74, Rnk 1209 / 4826

2018 - 2019
Export Growth (CAGR)
: 2.17%, Rnk 1119 / 4648

2018
Mean Tariff
: 8.55%, Rnk 2678 / 6538

 2019
Share of World Trade
: 0.055%, Rnk 305 / 4648

Overview:  This page contains the latest trade data of Physical exercise, gymnasium and athletics equipment. In 2019, Physical exercise, gymnasium and athletics equipment were the world's 305th most traded product, with a total trade of $10B. Between 2018 and 2019 the exports of Physical exercise, gymnasium and athletics equipment grew by 2.17%, from  $9.8B to $10B. Trade in Physical exercise, gymnasium and athletics equipment represent 0.055% of total world trade.

Exports: In 2019 the top exporters of Physical exercise, gymnasium and athletics equipment  were China ($5.21B), Chinese Taipei ($1.12B), United States ($795M), Italy ($487M), and Germany ($394M).

Imports: In 2019 the top importers of Physical exercise, gymnasium and athletics equipment were United States ($2.72B), Germany ($721M), United Kingdom ($518M), France ($432M), and Netherlands ($376M).

Tariffs: In 2018 the average tariff for Physical exercise, gymnasium and athletics equipment was 8.55%, making it the 2678th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Physical exercise, gymnasium and athletics equipment are Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), Ecuador (28.4%), and Algeria (25.6%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).

Ranking: Physical exercise, gymnasium and athletics equipment ranks 1209th in the Product Complexity Index (PCI).

Description: Physical exercise is a term used to describe the physical activity that one does to maintain their physical health. Some physical exercises are walking, jogging, push-ups, sit-ups, etc. Gymnasium and athletics equipment are used to help one stay physically fit. Equipment such as weights, treadmills, ellipticals, etc. are used to help one stay physically fit.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $5.21B

Top Destination (2019): United States, $2.72B

Physical exercise, gymnasium and athletics equipment are the world's 305th most traded product.

In 2019, the top exporters of Physical exercise, gymnasium and athletics equipment were China ($5.21B), Chinese Taipei ($1.12B), United States ($795M), Italy ($487M), and Germany ($394M).

In 2019, the top importers of Physical exercise, gymnasium and athletics equipment were United States ($2.72B), Germany ($721M), United Kingdom ($518M), France ($432M), and Netherlands ($376M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): China, $328M

Top Destination Growth (2018 - 2019): United States, $237M

Between 2018 and 2019, the exports of Physical exercise, gymnasium and athletics equipment grew the fastest in China ($328M), Chinese Taipei ($152M), Malaysia ($25.1M), Spain ($18M), and Ireland ($9.46M).

Between 2018 and 2019, the fastest growing importers of Physical exercise, gymnasium and athletics equipment were United States ($237M), Spain ($39.4M), Singapore ($38.8M), Japan ($36.7M), and Malaysia ($32M).

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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 Physical exercise, gymnasium and athletics equipment.

In 2019,  market concentration measured using Shannon Entropy, was 2.92. This means that most of the exports of Physical exercise, gymnasium and athletics equipment are explained by 7 countries.

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TOP NET EXPORTER (2019): China, $5.07B

TOP NET IMPORTER (2019): United States, $1.92B

This map shows which countries export or import more of Physical exercise, gymnasium and athletics equipment. Each country is colored based on the difference in exports and imports of Physical exercise, gymnasium and athletics equipment during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Physical exercise, gymnasium and athletics equipment were China ($5.07B), Chinese Taipei ($1.03B), Italy ($268M), Slovakia ($58.9M), and Hungary ($50.6M).

In 2019, the countries that had a largest trade value in imports than in exports of Physical exercise, gymnasium and athletics equipment were United States ($1.92B), United Kingdom ($369M), Japan ($357M), Canada ($333M), and Germany ($327M).

Import Tariffs

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In 2018, the average tariff for importing Physical exercise, gymnasium and athletics equipment was 8.55%.  The countries with the highest tariffs for importing Physical exercise, gymnasium and athletics equipment were Cameroon (29.4%), Gabon (29.4%), Chad (29.4%), Ecuador (28.4%), and Algeria (25.6%).

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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.