HS Icon Prepared binders for foundry moulds or cores

382310 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $399M, Rnk 2989 / 4648

2019
Top Exporter | Top Importer
: $76.6M | $25.2M, Germany | United States

2019
Product Complexity
: 0.56, Rnk 1550 / 4826

2018 - 2019
Export Growth (CAGR)
: -12.7%, Rnk 3712 / 4648

2018
Mean Tariff
: 5.27%, Rnk 3976 / 6538

 2019
Share of World Trade
: 0.0022%, Rnk 2989 / 4648

Overview:  This page contains the latest trade data of Prepared binders for foundry moulds or cores. In 2019, Prepared binders for foundry moulds or cores were the world's 2989th most traded product, with a total trade of $399M. Between 2018 and 2019 the exports of Prepared binders for foundry moulds or cores decreased by -12.7%, from  $457M to $399M. Trade in Prepared binders for foundry moulds or cores represent 0.0022% of total world trade.

Exports: In 2019 the top exporters of Prepared binders for foundry moulds or cores  were Germany ($76.6M), United States ($44.9M), China ($35.3M), United Kingdom ($33.1M), and Italy ($32.3M).

Imports: In 2019 the top importers of Prepared binders for foundry moulds or cores were United States ($25.2M), Mexico ($21.8M), France ($20M), Germany ($17.4M), and Poland ($15.9M).

Tariffs: In 2018 the average tariff for Prepared binders for foundry moulds or cores was 5.27%, making it the 3976th lowest tariff using the HS6 product classification.

Ranking: Prepared binders for foundry moulds or cores ranks 1550th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $76.6M

Top Destination (2019): United States, $25.2M

Prepared binders for foundry moulds or cores are the world's 2989th most traded product.

In 2019, the top exporters of Prepared binders for foundry moulds or cores were Germany ($76.6M), United States ($44.9M), China ($35.3M), United Kingdom ($33.1M), and Italy ($32.3M).

In 2019, the top importers of Prepared binders for foundry moulds or cores were United States ($25.2M), Mexico ($21.8M), France ($20M), Germany ($17.4M), and Poland ($15.9M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Trinidad and Tobago, $2M

Top Destination Growth (2018 - 2019): Guyana, $2.64M

Between 2018 and 2019, the exports of Prepared binders for foundry moulds or cores grew the fastest in Trinidad and Tobago ($2M), Thailand ($1.66M), South Africa ($846k), Belgium ($798k), and Guyana ($662k).

Between 2018 and 2019, the fastest growing importers of Prepared binders for foundry moulds or cores were Guyana ($2.64M), China ($2.01M), Spain ($1.76M), Japan ($1.74M), and Nigeria ($1.36M).

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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 Prepared binders for foundry moulds or cores.

In 2019,  market concentration measured using Shannon Entropy, was 4.22. This means that most of the exports of Prepared binders for foundry moulds or cores are explained by 18 countries.

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TOP NET EXPORTER (2019): Germany, $59.2M

TOP NET IMPORTER (2019): Mexico, $20.6M

This map shows which countries export or import more of Prepared binders for foundry moulds or cores. Each country is colored based on the difference in exports and imports of Prepared binders for foundry moulds or cores during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Prepared binders for foundry moulds or cores were Germany ($59.2M), United Kingdom ($26.2M), Italy ($23.7M), China ($20.4M), and United States ($19.7M).

In 2019, the countries that had a largest trade value in imports than in exports of Prepared binders for foundry moulds or cores were Mexico ($20.6M), France ($14.2M), Russia ($12M), Poland ($11.7M), and Indonesia ($10.3M).

Import Tariffs

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In 2018, the average tariff for importing Prepared binders for foundry moulds or cores was 5.27%.  The countries with the highest tariffs for importing Prepared binders for foundry moulds or cores were Austria (6.47%), Sweden (6.1%), and Finland (0%).

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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.