HS Icon Pig Hair

0502 (Harmonized System 1992 for 4-digit)

World Trade (2018): $138M, Rnk 1157 / 1225

Top Exporter (2018): $115M, China

Top Importer (2018): $19.4M, Indonesia

Export Growth (CAGR)(2017 - 2018): -3.8%, Rnk 1131 / 1225

Mean Tariff (2018): 5.18%, Rnk 795 / 1259

Share of World Trade (2018): 0.00075%, Rnk 1157 / 1225

Overview:  This page contains the latest trade data of Pig Hair. In 2018, Pig Hair were the world's 1157th most traded product, with a total trade of $138M. Between 2017 and 2018 the exports of Pig Hair decreased by -3.8%, from  $144M to $138M. Trade in Pig Hair represent 0.00075% of total world trade.

Exports: In 2018 the top exporters of Pig Hair  were China ($115M), Germany ($8.31M), United Kingdom ($3.92M), Netherlands ($2.57M), and United States ($1.83M).

Imports: In 2018 the top importers of Pig Hair were Indonesia ($19.4M), Germany ($16.5M), United States ($10.9M), Hong Kong ($8.53M), and Japan ($6.03M).

Tariffs: In 2018 the average tariff for Pig Hair was 5.18%, been the 795 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Pig Hair are Oman (48.2%), Tunisia (36%), Bahamas (31.2%), Algeria (27.6%), and Bermuda (25%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Japan (0%), and Lebanon (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $115M

Top Destination (2018): Indonesia, $19.4M

Pig Hair are the world's 1157th most traded product.

In 2018, the top exporters of Pig Hair were China ($115M), Germany ($8.31M), United Kingdom ($3.92M), Netherlands ($2.57M), and United States ($1.83M).

In 2018, the top importers of Pig Hair were Indonesia ($19.4M), Germany ($16.5M), United States ($10.9M), Hong Kong ($8.53M), and Japan ($6.03M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Kingdom, $1.09M

Top Destination Growth (2017 - 2018): Indonesia, $8.5M

Between 2017 and 2018, the exports of Pig Hair grew the fastest in United Kingdom ($1.09M), Germany ($933k), Denmark ($428k), Italy ($341k), and Ireland ($340k).

Between 2017 and 2018, the fastest growing importers of Pig Hair were Indonesia ($8.5M), Nigeria ($3.57M), Laos ($2.5M), Japan ($1.79M), and United States ($1.11M).

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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 Pig Hair.

In 2018,  market concentration measured using Shannon Entropy, was 1.2. This means that most of the exports of Pig Hair are explained by 2 countries.

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TOP NET EXPORTER (2018): China, $115M

TOP NET IMPORTER (2018): Indonesia, $19.4M

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

In 2018, the countries that had a largest trade value in exports than in imports of Pig Hair were China ($115M), Denmark ($604k), Paraguay ($449k), Ireland ($251k), and Uruguay ($191k).

In 2018, the countries that had a largest trade value in imports than in exports of Pig Hair were Indonesia ($19.4M), United States ($9.12M), Hong Kong ($8.49M), Germany ($8.2M), and Japan ($5.91M).

Trade Forecasts

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This section shows forecasts for total trade for Pig Hair. 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 Pig Hair was 5.18%.  The countries with the highest tariffs for importing Pig Hair were Oman (48.2%), Tunisia (36%), Bahamas (31.2%), Algeria (27.6%), and Bermuda (25%).

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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.