HS Icon Plastic sheet, film, foil or strip, nes

392190 (Harmonized System 1992 for 6-digit)

World Trade (2018): $14.9B, Rnk 191 / 4726

Top Exporter (2018): $2.24B, Germany

Top Importer (2018): $1.42B, United States

Export Growth (CAGR)(2017 - 2018): 9.34%, Rnk 2775 / 4726

Mean Tariff (2018): 7.2%, Rnk 3120 / 6538

Share of World Trade (2018): 0.081%, Rnk 191 / 4726

Overview:  This page contains the latest trade data of Plastic sheet, film, foil or strip, nes. In 2018, Plastic sheet, film, foil or strip, nes were the world's 191st most traded product, with a total trade of $14.9B. Between 2017 and 2018 the exports of Plastic sheet, film, foil or strip, nes grew by 9.34%, from  $13.7B to $14.9B. Trade in Plastic sheet, film, foil or strip, nes represent 0.081% of total world trade.

Exports: In 2018 the top exporters of Plastic sheet, film, foil or strip, nes  were Germany ($2.24B), China ($1.3B), Italy ($1.24B), United States ($955M), and Japan ($911M).

Imports: In 2018 the top importers of Plastic sheet, film, foil or strip, nes were United States ($1.42B), Germany ($1.25B), France ($853M), China ($749M), and United Kingdom ($647M).

Tariffs: In 2018 the average tariff for Plastic sheet, film, foil or strip, nes was 7.2%, been the 3120 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Plastic sheet, film, foil or strip, nes are Bahamas (41.8%), Bermuda (25%), Tanzania (23.6%), Rwanda (23.5%), and Uganda (23.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Lebanon (0%), Singapore (0%), and Switzerland (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $2.24B

Top Destination (2018): United States, $1.42B

Plastic sheet, film, foil or strip, nes are the world's 191st most traded product.

In 2018, the top exporters of Plastic sheet, film, foil or strip, nes were Germany ($2.24B), China ($1.3B), Italy ($1.24B), United States ($955M), and Japan ($911M).

In 2018, the top importers of Plastic sheet, film, foil or strip, nes were United States ($1.42B), Germany ($1.25B), France ($853M), China ($749M), and United Kingdom ($647M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Chinese Taipei, $229M

Top Destination Growth (2017 - 2018): Germany, $181M

Between 2017 and 2018, the exports of Plastic sheet, film, foil or strip, nes grew the fastest in Chinese Taipei ($229M), Germany ($193M), Italy ($158M), Poland ($95M), and France ($71.5M).

Between 2017 and 2018, the fastest growing importers of Plastic sheet, film, foil or strip, nes were Germany ($181M), United States ($127M), Chinese Taipei ($106M), Poland ($95.4M), and Thailand ($92.7M).

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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 sheet, film, foil or strip, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.79. This means that most of the exports of Plastic sheet, film, foil or strip, nes are explained by 27 countries.

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TOP NET EXPORTER (2018): Germany, $991M

TOP NET IMPORTER (2018): United States, $464M

This map shows which countries export or import more of Plastic sheet, film, foil or strip, nes. Each country is colored based on the difference in exports and imports of Plastic sheet, film, foil or strip, nes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Plastic sheet, film, foil or strip, nes were Germany ($991M), Italy ($785M), Japan ($716M), China ($546M), and South Korea ($340M).

In 2018, the countries that had a largest trade value in imports than in exports of Plastic sheet, film, foil or strip, nes were United States ($464M), Mexico ($409M), United Kingdom ($326M), France ($290M), and Russia ($271M).

Trade Forecasts

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This section shows forecasts for total trade for Plastic sheet, film, foil or strip, nes. 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 sheet, film, foil or strip, nes was 7.2%.  The countries with the highest tariffs for importing Plastic sheet, film, foil or strip, nes were Bahamas (41.8%), Bermuda (25%), Tanzania (23.6%), Rwanda (23.5%), and Uganda (23.5%).

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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.