HS Icon Powders, for skin care and make-up

330491 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.46B, Rnk 1159 / 4726

Top Exporter (2018): $343M, United States

Top Importer (2018): $340M, United States

Export Growth (CAGR)(2017 - 2018): 14.9%, Rnk 1906 / 4726

Mean Tariff (2018): 15.7%, Rnk 1024 / 6538

Share of World Trade (2018): 0.013%, Rnk 1159 / 4726

Overview:  This page contains the latest trade data of Powders, for skin care and make-up. In 2018, Powders, for skin care and make-up were the world's 1159th most traded product, with a total trade of $2.46B. Between 2017 and 2018 the exports of Powders, for skin care and make-up grew by 14.9%, from  $2.15B to $2.46B. Trade in Powders, for skin care and make-up represent 0.013% of total world trade.

Exports: In 2018 the top exporters of Powders, for skin care and make-up  were United States ($343M), China ($325M), France ($319M), Italy ($304M), and Japan ($132M).

Imports: In 2018 the top importers of Powders, for skin care and make-up were United States ($340M), United Kingdom ($181M), France ($164M), Germany ($152M), and Hong Kong ($127M).

Tariffs: In 2018 the average tariff for Powders, for skin care and make-up was 15.7%, been the 1024 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Powders, for skin care and make-up are Syria (73.5%), Iran (50%), Zimbabwe (36.5%), Cambodia (35%), and Sudan (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Turkey (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $343M

Top Destination (2018): United States, $340M

Powders, for skin care and make-up are the world's 1159th most traded product.

In 2018, the top exporters of Powders, for skin care and make-up were United States ($343M), China ($325M), France ($319M), Italy ($304M), and Japan ($132M).

In 2018, the top importers of Powders, for skin care and make-up were United States ($340M), United Kingdom ($181M), France ($164M), Germany ($152M), and Hong Kong ($127M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $93.8M

Top Destination Growth (2017 - 2018): Hong Kong, $51.8M

Between 2017 and 2018, the exports of Powders, for skin care and make-up grew the fastest in United States ($93.8M), Thailand ($45.5M), United Arab Emirates ($35.8M), Canada ($31.4M), and Japan ($30.8M).

Between 2017 and 2018, the fastest growing importers of Powders, for skin care and make-up were Hong Kong ($51.8M), France ($42.8M), South Korea ($25.7M), Belgium-Luxembourg ($25.4M), and Germany ($23.6M).

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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 Powders, for skin care and make-up.

In 2018,  market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Powders, for skin care and make-up are explained by 18 countries.

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TOP NET EXPORTER (2018): Italy, $256M

TOP NET IMPORTER (2018): Hong Kong, $120M

This map shows which countries export or import more of Powders, for skin care and make-up. Each country is colored based on the difference in exports and imports of Powders, for skin care and make-up during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Powders, for skin care and make-up were Italy ($256M), China ($201M), France ($155M), Canada ($86.9M), and Japan ($81.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Powders, for skin care and make-up were Hong Kong ($120M), United Kingdom ($76.6M), Australia ($55.7M), Singapore ($54.9M), and Russia ($47.3M).

Trade Forecasts

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This section shows forecasts for total trade for Powders, for skin care and make-up. 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 Powders, for skin care and make-up was 15.7%.  The countries with the highest tariffs for importing Powders, for skin care and make-up were Syria (73.5%), Iran (50%), Zimbabwe (36.5%), Cambodia (35%), and Sudan (35%).

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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.