HS Icon Plastic Floor Coverings

3918 (Harmonized System 1992 for 4-digit)

World Trade (2018): $9.85B, Rnk 330 / 1225

Top Exporter (2018): $5.5B, China

Top Importer (2018): $3.51B, United States

Product Complexity (2018): 0.77, Rnk 251 / 1018

Export Growth (CAGR)(2017 - 2018): 24.1%, Rnk 247 / 1225

Mean Tariff (2018): 11.1%, Rnk 361 / 1259

Share of World Trade (2018): 0.054%, Rnk 330 / 1225

Overview:  This page contains the latest trade data of Plastic Floor Coverings. In 2018, Plastic Floor Coverings were the world's 330th most traded product, with a total trade of $9.85B. Between 2017 and 2018 the exports of Plastic Floor Coverings grew by 24.1%, from  $7.94B to $9.85B. Trade in Plastic Floor Coverings represent 0.054% of total world trade.

Exports: In 2018 the top exporters of Plastic Floor Coverings  were China ($5.5B), Belgium-Luxembourg ($917M), South Korea ($585M), Germany ($374M), and France ($361M).

Imports: In 2018 the top importers of Plastic Floor Coverings were United States ($3.51B), Germany ($750M), France ($521M), Canada ($518M), and United Kingdom ($406M).

Tariffs: In 2018 the average tariff for Plastic Floor Coverings was 11.1%, been the 361 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Plastic Floor Coverings are Zimbabwe (36.5%), Sudan (35%), Bahamas (32.6%), Ethiopia (32.2%), and Egypt (30.2%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Plastic Floor Coverings ranks 251st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $5.5B

Top Destination (2018): United States, $3.51B

Plastic Floor Coverings are the world's 330th most traded product.

In 2018, the top exporters of Plastic Floor Coverings were China ($5.5B), Belgium-Luxembourg ($917M), South Korea ($585M), Germany ($374M), and France ($361M).

In 2018, the top importers of Plastic Floor Coverings were United States ($3.51B), Germany ($750M), France ($521M), Canada ($518M), and United Kingdom ($406M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $1.49B

Top Destination Growth (2017 - 2018): United States, $1.11B

Between 2017 and 2018, the exports of Plastic Floor Coverings grew the fastest in China ($1.49B), Belgium-Luxembourg ($144M), France ($53.4M), United Kingdom ($43.7M), and Germany ($32.4M).

Between 2017 and 2018, the fastest growing importers of Plastic Floor Coverings were United States ($1.11B), Netherlands ($63.4M), Canada ($62.7M), Germany ($62.3M), and France ($46.6M).

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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 Plastic Floor Coverings.

In 2018,  market concentration measured using Shannon Entropy, was 2.84. This means that most of the exports of Plastic Floor Coverings are explained by 7 countries.

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TOP NET EXPORTER (2018): China, $5.4B

TOP NET IMPORTER (2018): United States, $3.22B

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

In 2018, the countries that had a largest trade value in exports than in imports of Plastic Floor Coverings were China ($5.4B), Belgium-Luxembourg ($689M), South Korea ($520M), Sweden ($113M), and Chinese Taipei ($92.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Plastic Floor Coverings were United States ($3.22B), Canada ($442M), Germany ($377M), Australia ($198M), and United Kingdom ($162M).

Trade Forecasts

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This section shows forecasts for total trade for Plastic Floor Coverings. 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 Plastic Floor Coverings was 11.1%.  The countries with the highest tariffs for importing Plastic Floor Coverings were Zimbabwe (36.5%), Sudan (35%), Bahamas (32.6%), Ethiopia (32.2%), and Egypt (30.2%).

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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.