Prepared culture media for developing micro-organisms382100 (Harmonized System 1992 for 6-digit)
2019 World Trade: $2.53B, Rnk 1121 / 4648
2019 Top Exporter | Top Importer: $811M | $241M, United States | United States
2019 Product Complexity: 1.32, Rnk 365 / 4826
2018 - 2019 Export Growth (CAGR): 6.59%, Rnk 638 / 4648
2018 Mean Tariff: 3.55%, Rnk 5376 / 6538
2019 Share of World Trade: 0.014%, Rnk 1121 / 4648
Overview: This page contains the latest trade data of Prepared culture media for developing micro-organisms. In 2019, Prepared culture media for developing micro-organisms were the world's 1121st most traded product, with a total trade of $2.53B. Between 2018 and 2019 the exports of Prepared culture media for developing micro-organisms grew by 6.59%, from $2.37B to $2.53B. Trade in Prepared culture media for developing micro-organisms represent 0.014% of total world trade.
Exports: In 2019 the top exporters of Prepared culture media for developing micro-organisms were United States ($811M), United Kingdom ($326M), France ($309M), Germany ($269M), and Netherlands ($128M).
Imports: In 2019 the top importers of Prepared culture media for developing micro-organisms were United States ($241M), China ($206M), Germany ($201M), Netherlands ($168M), and France ($163M).
Tariffs: In 2018 the average tariff for Prepared culture media for developing micro-organisms was 3.55%, making it the 5376th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Prepared culture media for developing micro-organisms are Bahamas (40.2%), Bermuda (25%), Azerbaijan (14.4%), Paraguay (13.4%), and Uruguay (13.3%). The countries with the lowest tariffs are Angola (0%), Cote d'Ivoire (0%), Ghana (0%), Guinea (0%), and Kenya (0%).
Ranking: Prepared culture media for developing micro-organisms ranks 365th in the Product Complexity Index (PCI).
Description: Prepared culture media is used by microbiologists to grow microorganisms. There are many types of media that can be used for different types of organisms. Some media is used to grow bacteria, while others are used to grow fungi, protozoans, or algae. These media are prepared by adding ingredients to water, such as nutrients and amino acids.
Trade By Country
Top Origin (2019): United States, $811M
Top Destination (2019): United States, $241M
Prepared culture media for developing micro-organisms are the world's 1121st most traded product.
In 2019, the top exporters of Prepared culture media for developing micro-organisms were United States ($811M), United Kingdom ($326M), France ($309M), Germany ($269M), and Netherlands ($128M).
In 2019, the top importers of Prepared culture media for developing micro-organisms were United States ($241M), China ($206M), Germany ($201M), Netherlands ($168M), and France ($163M).
Trade by country
Top Origin Growth (2018 - 2019): United States, $48.7M
Top Destination Growth (2018 - 2019): United States, $28.6M
Between 2018 and 2019, the exports of Prepared culture media for developing micro-organisms grew the fastest in United States ($48.7M), Netherlands ($32.5M), Singapore ($26.6M), Austria ($23.3M), and United Kingdom ($16.2M).
Between 2018 and 2019, the fastest growing importers of Prepared culture media for developing micro-organisms were United States ($28.6M), China ($27.4M), Netherlands ($17.5M), Japan ($12.8M), and Singapore ($12.8M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Prepared culture media for developing micro-organisms.
In 2019, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Prepared culture media for developing micro-organisms are explained by 11 countries.
TOP NET EXPORTER (2019): United States, $570M
TOP NET IMPORTER (2019): China, $195M
This map shows which countries export or import more of Prepared culture media for developing micro-organisms. Each country is colored based on the difference in exports and imports of Prepared culture media for developing micro-organisms during 2019.
In 2019, the countries that had a largest trade value in exports than in imports of Prepared culture media for developing micro-organisms were United States ($570M), United Kingdom ($225M), France ($145M), Germany ($67.8M), and Italy ($27.2M).
In 2019, the countries that had a largest trade value in imports than in exports of Prepared culture media for developing micro-organisms were China ($195M), South Korea ($88.6M), Japan ($65.3M), Ireland ($49.8M), and Switzerland ($49.4M).
In 2018, the average tariff for importing Prepared culture media for developing micro-organisms was 3.55%. The countries with the highest tariffs for importing Prepared culture media for developing micro-organisms were Bahamas (40.2%), Bermuda (25%), Azerbaijan (14.4%), Paraguay (13.4%), and Uruguay (13.3%).
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.
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