HS Icon Poultry incubators and brooders

843621 (Harmonized System 1992 for 6-digit)

World Trade (2018): $339M, Rnk 3174 / 4726

Top Exporter (2018): $93.3M, Malaysia

Top Importer (2018): $30.7M, Indonesia

Product Complexity (2018): 0.15, Rnk 2351 / 4873

Export Growth (CAGR)(2017 - 2018): 7.84%, Rnk 2975 / 4726

Mean Tariff (2018): 3.7%, Rnk 5260 / 6538

Share of World Trade (2018): 0.0018%, Rnk 3174 / 4726

Overview: In 2018, Poultry incubators and brooders were the world's 3174th most traded product, with a total trade of $339M. Between 2017 and 2018 the exports of Poultry incubators and brooders grew by 7.84%, from  $315M to $339M. Trade in Poultry incubators and brooders represent 0.0018% of total world trade.

Exports: In 2018 the top exporters of Poultry incubators and brooders  were Malaysia ($93.3M), Belgium-Luxembourg ($70.1M), Netherlands ($49.7M), China ($32.8M), and United States ($22.6M).

Imports: In 2018 the top importers of Poultry incubators and brooders were Indonesia ($30.7M), Thailand ($21.3M), Philippines ($20.6M), United States ($17.9M), and Vietnam ($13.4M).

Tariffs: In 2018 the average tariff for Poultry incubators and brooders was 3.7%, been the 5260 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Poultry incubators and brooders are Bahamas (40.2%), Tunisia (20%), Maldives (19.6%), Venezuela (13.4%), and Brazil (13.4%). The countries with the lowest tariffs are Angola (0%), Ghana (0%), Kenya (0%), Madagascar (0%), and Mauritius (0%).

Ranking: Poultry incubators and brooders ranks 2351st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Malaysia, $93.3M

Top Destination (2018): Indonesia, $30.7M

Poultry incubators and brooders are the world's 3174th most traded product.

In 2018, the top exporters of Poultry incubators and brooders were Malaysia ($93.3M), Belgium-Luxembourg ($70.1M), Netherlands ($49.7M), China ($32.8M), and United States ($22.6M).

In 2018, the top importers of Poultry incubators and brooders were Indonesia ($30.7M), Thailand ($21.3M), Philippines ($20.6M), United States ($17.9M), and Vietnam ($13.4M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $19.6M

Top Destination Growth (2017 - 2018): Philippines, $13.1M

Between 2017 and 2018, the exports of Poultry incubators and brooders grew the fastest in Belgium-Luxembourg ($19.6M), Malaysia ($10.5M), Netherlands ($2.95M), Sweden ($2.22M), and Portugal ($2.04M).

Between 2017 and 2018, the fastest growing importers of Poultry incubators and brooders were Philippines ($13.1M), Indonesia ($8.73M), United States ($8.36M), Pakistan ($6.72M), and Japan ($6.72M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Poultry incubators and brooders.

In 2018,  market concentration measured using Shannon Entropy, was 3.31. This means that most of the exports of Poultry incubators and brooders are explained by 9 countries.

TOP NET EXPORTER (2018): Malaysia, $85.3M

TOP NET IMPORTER (2018): Indonesia, $30.5M

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

In 2018, the countries that had a largest trade value in exports than imports of Poultry incubators and brooders were Malaysia ($85.3M), Belgium-Luxembourg ($69.5M), Netherlands ($46.5M), China ($28.1M), and United Kingdom ($9.5M).

In 2018, the countries that had a largest trade value in imports than exports of Poultry incubators and brooders were Indonesia ($30.5M), Thailand ($21M), Philippines ($20.6M), Vietnam ($13.4M), and Mexico ($12.2M).

Trade Forecasts

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This section shows forecasts for total trade for Poultry incubators and brooders. 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 Poultry incubators and brooders was 3.7%.  The countries with the highest tariffs for importing Poultry incubators and brooders were Bahamas (40.2%), Tunisia (20%), Maldives (19.6%), Venezuela (13.4%), and Brazil (13.4%).

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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.