HS Icon Prepared culture media for developing micro-organisms

382100 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.37B, Rnk 1188 / 4726

Top Exporter (2018): $761M, United States

Top Importer (2018): $213M, United States

Product Complexity (2018): 1.05, Rnk 350 / 2722

Export Growth (CAGR)(2017 - 2018): 18.7%, Rnk 1488 / 4726

Mean Tariff (2018): 3.55%, Rnk 5376 / 6538

Share of World Trade (2018): 0.013%, Rnk 1188 / 4726

Overview:  This page contains the latest trade data of Prepared culture media for developing micro-organisms. In 2018, Prepared culture media for developing micro-organisms were the world's 1188th most traded product, with a total trade of $2.37B. Between 2017 and 2018 the exports of Prepared culture media for developing micro-organisms grew by 18.7%, from  $1.99B to $2.37B. Trade in Prepared culture media for developing micro-organisms represent 0.013% of total world trade.

Exports: In 2018 the top exporters of Prepared culture media for developing micro-organisms  were United States ($761M), United Kingdom ($310M), France ($295M), Germany ($261M), and Netherlands ($95.8M).

Imports: In 2018 the top importers of Prepared culture media for developing micro-organisms were United States ($213M), Germany ($208M), China ($178M), France ($162M), and Netherlands ($151M).

Tariffs: In 2018 the average tariff for Prepared culture media for developing micro-organisms was 3.55%, been the 5376 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 350th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $761M

Top Destination (2018): United States, $213M

Prepared culture media for developing micro-organisms are the world's 1188th most traded product.

In 2018, the top exporters of Prepared culture media for developing micro-organisms were United States ($761M), United Kingdom ($310M), France ($295M), Germany ($261M), and Netherlands ($95.8M).

In 2018, the top importers of Prepared culture media for developing micro-organisms were United States ($213M), Germany ($208M), China ($178M), France ($162M), and Netherlands ($151M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Kingdom, $87.9M

Top Destination Growth (2017 - 2018): United States, $70.7M

Between 2017 and 2018, the exports of Prepared culture media for developing micro-organisms grew the fastest in United Kingdom ($87.9M), France ($56.3M), Netherlands ($44.2M), Germany ($41.9M), and United States ($38.7M).

Between 2017 and 2018, the fastest growing importers of Prepared culture media for developing micro-organisms were United States ($70.7M), Germany ($38.7M), Belgium-Luxembourg ($37M), China ($36.6M), and France ($31.9M).

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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 culture media for developing micro-organisms.

In 2018,  market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Prepared culture media for developing micro-organisms are explained by 11 countries.

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TOP NET EXPORTER (2018): United States, $548M

TOP NET IMPORTER (2018): China, $170M

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 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Prepared culture media for developing micro-organisms were United States ($548M), United Kingdom ($205M), France ($133M), Germany ($53.7M), and Italy ($33.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Prepared culture media for developing micro-organisms were China ($170M), South Korea ($86.8M), Japan ($61.4M), Netherlands ($55M), and Ireland ($46.6M).

Import Tariffs

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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%).

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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.