HS Icon Salt; sulphur; earths, stone; plastering materials, lime and cement

25 (Harmonized System 1992 for 2-digit)

Overview This page contains the latest trade data of Salt; sulphur; earths, stone; plastering materials, lime and cement. In 2019, Salt; sulphur; earths, stone; plastering materials, lime and cement were the world's 55th most traded product, with a total trade of $49.9B. Between 2018 and 2019 the exports of Salt; sulphur; earths, stone; plastering materials, lime and cement decreased by -5.46%, from $52.8B to $49.9B. Trade in Salt; sulphur; earths, stone; plastering materials, lime and cement represent 0.28% of total world trade.

Exports In 2019 the top exporters of Salt; sulphur; earths, stone; plastering materials, lime and cement  were China ($3.7B), Turkey ($2.98B), United States ($2.58B), Germany ($2.18B), and United Arab Emirates ($2.16B).

Imports In 2019 the top importers of Salt; sulphur; earths, stone; plastering materials, lime and cement were China ($6.08B), United States ($3.94B), India ($2.68B), Germany ($1.91B), and Netherlands ($1.68B).

Tariffs In 2018 the average tariff for Salt; sulphur; earths, stone; plastering materials, lime and cement was 3.82%, making it the 85th lowest tariff using the HS2 product classification.

The countries with the highest import tariffs for Salt; sulphur; earths, stone; plastering materials, lime and cement are Bahamas (35.2%), Bermuda (19.4%), Angola (17.5%), Uzbekistan (15.6%), and Bangladesh (11.5%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0%), and Canada (0.0074%).

Ranking Salt; sulphur; earths, stone; plastering materials, lime and cement ranks 88th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $3.7B

Top Destination (2019): China, $6.08B

Salt; sulphur; earths, stone; plastering materials, lime and cement are the world's 55th most traded product.

In 2019, the top exporters of Salt; sulphur; earths, stone; plastering materials, lime and cement were China ($3.7B), Turkey ($2.98B), United States ($2.58B), Germany ($2.18B), and United Arab Emirates ($2.16B).

In 2019, the top importers of Salt; sulphur; earths, stone; plastering materials, lime and cement were China ($6.08B), United States ($3.94B), India ($2.68B), Germany ($1.91B), and Netherlands ($1.68B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $231M

Top Destination Growth (2018 - 2019): Libya, $90.5M

Between 2018 and 2019, the exports of Salt; sulphur; earths, stone; plastering materials, lime and cement grew the fastest in Vietnam ($231M), Turkey ($230M), Guyana ($75.3M), Egypt ($71.5M), and Zambia ($57.7M).

Between 2018 and 2019, the fastest growing importers of Salt; sulphur; earths, stone; plastering materials, lime and cement were Libya ($90.5M), Bangladesh ($86.1M), Trinidad and Tobago ($73.6M), Cambodia ($65.6M), and Kuwait ($46.9M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Salt; sulphur; earths, stone; plastering materials, lime and cement.

In 2019,  market concentration measured using Shannon Entropy, was 5.72. This means that most of the exports of Salt; sulphur; earths, stone; plastering materials, lime and cement are explained by 52 countries.

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TOP NET EXPORTER (2019): Turkey, $2.57B

TOP NET IMPORTER (2019): China, $2.38B

This map shows which countries export or import more of Salt; sulphur; earths, stone; plastering materials, lime and cement. Each country is colored based on the difference in exports and imports of Salt; sulphur; earths, stone; plastering materials, lime and cement during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Salt; sulphur; earths, stone; plastering materials, lime and cement were Turkey ($2.57B), United Arab Emirates ($1.71B), Vietnam ($1.65B), Australia ($1.11B), and Morocco ($824M).

In 2019, the countries that had a largest trade value in imports than in exports of Salt; sulphur; earths, stone; plastering materials, lime and cement were China ($2.38B), United States ($1.36B), Bangladesh ($1.07B), India ($635M), and Japan ($602M).

Disaggregation

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Value
Disaggregation

In 2019, the world most traded Salt; sulphur; earths, stone; plastering materials,..., disaggragated by their HS6 level were Portland cement, other than white cement ($6.34B), Cement clinkers ($4.01B), Salt (sodium chloride) including solution, salt... ($3.4B), Sulphur, crude or unrefined ($3.24B), and Pebbles, gravel, broken & crushed stone... ($2.25B)

Import Tariffs

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In 2018, the average tariff for importing Salt; sulphur; earths, stone; plastering materials, lime and cement was 3.82%. The countries with the highest tariffs for importing Salt; sulphur; earths, stone; plastering materials, lime and cement were Bahamas (35.2%), Bermuda (19.4%), Angola (17.5%), Uzbekistan (15.6%), and Bangladesh (11.5%).

Product Complexity

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Diversification Frontier

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Specialization

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.