Plastic Housewares3924 (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).
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).
Trade by country
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).
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.
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).
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.
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.
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