HS Icon Sand

2505 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.09B, Rnk 726 / 1225

Top Exporter (2018): $518M, United States

Top Importer (2018): $287M, Canada

Product Complexity (2018): -0.79, Rnk 766 / 1018

Export Growth (CAGR)(2017 - 2018): 69.6%, Rnk 34 / 1225

Mean Tariff (2018): 2.92%, Rnk 1150 / 1259

Share of World Trade (2018): 0.011%, Rnk 726 / 1225

Overview:  This page contains the latest trade data of Sand. In 2018, Sand were the world's 726th most traded product, with a total trade of $2.09B. Between 2017 and 2018 the exports of Sand grew by 69.6%, from  $1.23B to $2.09B. Trade in Sand represent 0.011% of total world trade.

Exports: In 2018 the top exporters of Sand  were United States ($518M), Netherlands ($186M), Australia ($181M), Germany ($156M), and Malaysia ($151M).

Imports: In 2018 the top importers of Sand were Canada ($287M), China ($169M), Belgium-Luxembourg ($155M), Singapore ($131M), and Germany ($116M).

Tariffs: In 2018 the average tariff for Sand was 2.92%, been the 1150 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Sand are Bermuda (25%), Bahamas (22.3%), Jordan (15.6%), Cambodia (15%), and Georgia (11.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Sand ranks 766th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $518M

Top Destination (2018): Canada, $287M

Sand are the world's 726th most traded product.

In 2018, the top exporters of Sand were United States ($518M), Netherlands ($186M), Australia ($181M), Germany ($156M), and Malaysia ($151M).

In 2018, the top importers of Sand were Canada ($287M), China ($169M), Belgium-Luxembourg ($155M), Singapore ($131M), and Germany ($116M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $429M

Top Destination Growth (2017 - 2018): Canada, $287M

Between 2017 and 2018, the exports of Sand grew the fastest in United States ($429M), Malaysia ($87.6M), Egypt ($49.6M), Australia ($46.9M), and Netherlands ($46.8M).

Between 2017 and 2018, the fastest growing importers of Sand were Canada ($287M), China ($95.7M), United States ($66.2M), Germany ($60.2M), and Chinese Taipei ($52.2M).

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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 Sand.

In 2018,  market concentration measured using Shannon Entropy, was 4.38. This means that most of the exports of Sand are explained by 20 countries.

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TOP NET EXPORTER (2018): United States, $451M

TOP NET IMPORTER (2018): Canada, $255M

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

In 2018, the countries that had a largest trade value in exports than in imports of Sand were United States ($451M), Australia ($178M), Malaysia ($146M), Netherlands ($75.1M), and Egypt ($48.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Sand were Canada ($255M), Singapore ($129M), China ($122M), Japan ($99.7M), and Italy ($50.7M).

Import Tariffs

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In 2018, the average tariff for importing Sand was 2.92%.  The countries with the highest tariffs for importing Sand were Bermuda (25%), Bahamas (22.3%), Jordan (15.6%), Cambodia (15%), and Georgia (11.4%).

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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.