HS Icon Precious Stone Dust

7105 (Harmonized System 1992 for 4-digit)

World Trade (2018): $492M, Rnk 1036 / 1225

Top Exporter (2018): $209M, China

Top Importer (2018): $72.9M, United States

Export Growth (CAGR)(2017 - 2018): 6%, Rnk 937 / 1225

Mean Tariff (2018): 4.75%, Rnk 868 / 1259

Share of World Trade (2018): 0.0027%, Rnk 1036 / 1225

Overview:  This page contains the latest trade data of Precious Stone Dust. In 2018, Precious Stone Dust were the world's 1036th most traded product, with a total trade of $492M. Between 2017 and 2018 the exports of Precious Stone Dust grew by 6%, from  $464M to $492M. Trade in Precious Stone Dust represent 0.0027% of total world trade.

Exports: In 2018 the top exporters of Precious Stone Dust  were China ($209M), United States ($72.7M), Ireland ($54.9M), South Korea ($26.7M), and India ($21.8M).

Imports: In 2018 the top importers of Precious Stone Dust were United States ($72.9M), Japan ($61.1M), South Korea ($42.8M), Qatar ($30.4M), and India ($30.2M).

Tariffs: In 2018 the average tariff for Precious Stone Dust was 4.75%, been the 868 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Precious Stone Dust are Angola (50%), Bahamas (40.2%), Ethiopia (34.7%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), China (0%), Hong Kong (0%), and Japan (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $209M

Top Destination (2018): United States, $72.9M

Precious Stone Dust are the world's 1036th most traded product.

In 2018, the top exporters of Precious Stone Dust were China ($209M), United States ($72.7M), Ireland ($54.9M), South Korea ($26.7M), and India ($21.8M).

In 2018, the top importers of Precious Stone Dust were United States ($72.9M), Japan ($61.1M), South Korea ($42.8M), Qatar ($30.4M), and India ($30.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): India, $16.3M

Top Destination Growth (2017 - 2018): Qatar, $30.4M

Between 2017 and 2018, the exports of Precious Stone Dust grew the fastest in India ($16.3M), United States ($9.93M), China ($5.29M), Thailand ($4.74M), and Belgium-Luxembourg ($4.1M).

Between 2017 and 2018, the fastest growing importers of Precious Stone Dust were Qatar ($30.4M), United States ($6.75M), Italy ($5.02M), Japan ($4.5M), and Singapore ($3.69M).

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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 Precious Stone Dust.

In 2018,  market concentration measured using Shannon Entropy, was 3.07. This means that most of the exports of Precious Stone Dust are explained by 8 countries.

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TOP NET EXPORTER (2018): China, $179M

TOP NET IMPORTER (2018): Japan, $53.5M

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

In 2018, the countries that had a largest trade value in exports than in imports of Precious Stone Dust were China ($179M), Ireland ($27.9M), Russia ($5.4M), Belgium-Luxembourg ($2.85M), and Switzerland ($1.93M).

In 2018, the countries that had a largest trade value in imports than in exports of Precious Stone Dust were Japan ($53.5M), Italy ($25.5M), Germany ($16.8M), South Korea ($16.1M), and India ($8.36M).

Trade Forecasts

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This section shows forecasts for total trade for Precious Stone Dust. 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 Precious Stone Dust was 4.75%.  The countries with the highest tariffs for importing Precious Stone Dust were Angola (50%), Bahamas (40.2%), Ethiopia (34.7%), Cameroon (29.4%), and Gabon (29.4%).

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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.