HS Icon Piezo-electric quartz

710410 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $105M, Rnk 4060 / 4648

2019
Top Exporter | Top Importer
: $28.6M | $17.9M, China | Japan

2019
Product Complexity
: 0.28, Rnk 2098 / 4826

2018 - 2019
Export Growth (CAGR)
: -7.86%, Rnk 3123 / 4648

2018
Mean Tariff
: 6.77%, Rnk 3298 / 6538

 2019
Share of World Trade
: 0.00058%, Rnk 4060 / 4648

Overview:  This page contains the latest trade data of Piezo-electric quartz. In 2019, Piezo-electric quartz were the world's 4060th most traded product, with a total trade of $105M. Between 2018 and 2019 the exports of Piezo-electric quartz decreased by -7.86%, from  $114M to $105M. Trade in Piezo-electric quartz represent 0.00058% of total world trade.

Exports: In 2019 the top exporters of Piezo-electric quartz  were China ($28.6M), Laos ($21.5M), Japan ($15.6M), Russia ($9.31M), and United States ($8.04M).

Imports: In 2019 the top importers of Piezo-electric quartz were Japan ($17.9M), China ($13.5M), Switzerland ($11.6M), Belgium ($10.7M), and Singapore ($7.5M).

Tariffs: In 2018 the average tariff for Piezo-electric quartz was 6.77%, making it the 3298th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Piezo-electric quartz are Angola (50%), Barbados (45.1%), Belize (44.2%), Bahamas (42.1%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).

Ranking: Piezo-electric quartz ranks 2098th in the Product Complexity Index (PCI).

Description: Piezo-electric quartz is a type of quartz that generates an electric charge when it is manipulated. It is commonly used in the manufacturing of watches, clocks, computers, calculators, and other electronics.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $28.6M

Top Destination (2019): Japan, $17.9M

Piezo-electric quartz are the world's 4060th most traded product.

In 2019, the top exporters of Piezo-electric quartz were China ($28.6M), Laos ($21.5M), Japan ($15.6M), Russia ($9.31M), and United States ($8.04M).

In 2019, the top importers of Piezo-electric quartz were Japan ($17.9M), China ($13.5M), Switzerland ($11.6M), Belgium ($10.7M), and Singapore ($7.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Russia, $1.4M

Top Destination Growth (2018 - 2019): Belgium, $9.4M

Between 2018 and 2019, the exports of Piezo-electric quartz grew the fastest in Russia ($1.4M), Laos ($723k), Philippines ($530k), Denmark ($327k), and Netherlands ($148k).

Between 2018 and 2019, the fastest growing importers of Piezo-electric quartz were Belgium ($9.4M), China ($4.22M), United States ($2.26M), Hong Kong ($789k), and India ($411k).

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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 Piezo-electric quartz.

In 2019,  market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Piezo-electric quartz are explained by 8 countries.

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TOP NET EXPORTER (2019): Laos, $21.3M

TOP NET IMPORTER (2019): Switzerland, $11.2M

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

In 2019, the countries that had a largest trade value in exports than in imports of Piezo-electric quartz were Laos ($21.3M), China ($15M), Russia ($9M), Philippines ($4.04M), and United States ($1.93M).

In 2019, the countries that had a largest trade value in imports than in exports of Piezo-electric quartz were Switzerland ($11.2M), Belgium ($10.5M), Singapore ($7.34M), Thailand ($6.42M), and Chinese Taipei ($4.82M).

Import Tariffs

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In 2018, the average tariff for importing Piezo-electric quartz was 6.77%.  The countries with the highest tariffs for importing Piezo-electric quartz were Angola (50%), Barbados (45.1%), Belize (44.2%), Bahamas (42.1%), and Sudan (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.