HS Icon Plastic Housewares

3924 (Harmonized System 1992 for 4-digit)

World Trade (2018): $18.7B, Rnk 197 / 1225

Top Exporter (2018): $9.62B, China

Top Importer (2018): $5B, United States

Product Complexity (2018): -0.43, Rnk 679 / 1018

Export Growth (CAGR)(2017 - 2018): 8.65%, Rnk 838 / 1225

Mean Tariff (2018): 15.1%, Rnk 195 / 1259

Share of World Trade (2018): 0.1%, Rnk 197 / 1225

Overview:  This page contains the latest trade data of Plastic Housewares. In 2018, Plastic Housewares were the world's 197th most traded product, with a total trade of $18.7B. Between 2017 and 2018 the exports of Plastic Housewares grew by 8.65%, from  $17.2B to $18.7B. Trade in Plastic Housewares represent 0.1% of total world trade.

Exports: In 2018 the top exporters of Plastic Housewares  were China ($9.62B), Germany ($805M), Italy ($686M), Poland ($506M), and Belgium-Luxembourg ($471M).

Imports: In 2018 the top importers of Plastic Housewares were United States ($5B), Germany ($1.13B), France ($848M), United Kingdom ($719M), and Japan ($611M).

Tariffs: In 2018 the average tariff for Plastic Housewares was 15.1%, been the 195 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Plastic Housewares are Syria (73.5%), Egypt (45%), Iran (40%), Zimbabwe (36.5%), and Sudan (35%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and United States (1.76%).

Ranking: Plastic Housewares ranks 679th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): China, $9.62B

Top Destination (2018): United States, $5B

Plastic Housewares are the world's 197th most traded product.

In 2018, the top exporters of Plastic Housewares were China ($9.62B), Germany ($805M), Italy ($686M), Poland ($506M), and Belgium-Luxembourg ($471M).

In 2018, the top importers of Plastic Housewares were United States ($5B), Germany ($1.13B), France ($848M), United Kingdom ($719M), and Japan ($611M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): China, $542M

Top Destination Growth (2017 - 2018): Germany, $111M

Between 2017 and 2018, the exports of Plastic Housewares grew the fastest in China ($542M), Germany ($138M), United Arab Emirates ($111M), Poland ($107M), and Tanzania ($104M).

Between 2017 and 2018, the fastest growing importers of Plastic Housewares were Germany ($111M), Malaysia ($106M), Poland ($97.4M), Netherlands ($94.5M), and India ($84.3M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Plastic Housewares.

In 2018,  market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Plastic Housewares are explained by 11 countries.

Explore Visualizations

TOP NET EXPORTER (2018): China, $9.44B

TOP NET IMPORTER (2018): United States, $4.62B

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

In 2018, the countries that had a largest trade value in exports than in imports of Plastic Housewares were China ($9.44B), Turkey ($375M), Chinese Taipei ($360M), Italy ($318M), and Poland ($234M).

In 2018, the countries that had a largest trade value in imports than in exports of Plastic Housewares were United States ($4.62B), France ($548M), Japan ($482M), Australia ($454M), and United Kingdom ($362M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Plastic Housewares. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Plastic Housewares was 15.1%.  The countries with the highest tariffs for importing Plastic Housewares were Syria (73.5%), Egypt (45%), Iran (40%), Zimbabwe (36.5%), and Sudan (35%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.