HS Icon Silicates

2839 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $689M, Rnk 973 / 1217

2019
Top Exporter | Top Importer
: $140M | $54.1M, China | United States

2018 - 2019
Export Growth (CAGR)
: -4.23%, Rnk 703 / 1217

2018
Mean Tariff
: 4.52%, Rnk 911 / 1259

 2019
Share of World Trade
: 0.0038%, Rnk 973 / 1217

Overview:  This page contains the latest trade data of Silicates. In 2019, Silicates were the world's 973rd most traded product, with a total trade of $689M. Between 2018 and 2019 the exports of Silicates decreased by -4.23%, from  $719M to $689M. Trade in Silicates represent 0.0038% of total world trade.

Exports: In 2019 the top exporters of Silicates  were China ($140M), United States ($66.5M), Netherlands ($58.9M), Poland ($47.7M), and Germany ($40.6M).

Imports: In 2019 the top importers of Silicates were United States ($54.1M), Germany ($46M), South Korea ($39.9M), Japan ($34.1M), and Netherlands ($32.2M).

Tariffs: In 2018 the average tariff for Silicates was 4.52%, making it the 911th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Silicates are Bahamas (40.2%), Bermuda (25%), Ethiopia (14.9%), Nepal (14.8%), and Maldives (14.7%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Description: Silicates are used in many different industries. They are used in the glass industry, where they are used to make glass. They are also used in the construction industry, where they are used to make cement. Silicates are also used in the paint industry, where they are used to make paint.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $140M

Top Destination (2019): United States, $54.1M

Silicates are the world's 973rd most traded product.

In 2019, the top exporters of Silicates were China ($140M), United States ($66.5M), Netherlands ($58.9M), Poland ($47.7M), and Germany ($40.6M).

In 2019, the top importers of Silicates were United States ($54.1M), Germany ($46M), South Korea ($39.9M), Japan ($34.1M), and Netherlands ($32.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Canada, $6.41M

Top Destination Growth (2018 - 2019): United States, $12M

Between 2018 and 2019, the exports of Silicates grew the fastest in Canada ($6.41M), Ukraine ($3.74M), Brazil ($3.02M), Denmark ($2.34M), and Belarus ($2.27M).

Between 2018 and 2019, the fastest growing importers of Silicates were United States ($12M), India ($5.49M), Mexico ($4.88M), Poland ($4.35M), and Russia ($2.01M).

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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 Silicates.

In 2019,  market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of Silicates are explained by 22 countries.

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TOP NET EXPORTER (2019): China, $126M

TOP NET IMPORTER (2019): South Korea, $37.7M

This map shows which countries export or import more of Silicates. Each country is colored based on the difference in exports and imports of Silicates during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Silicates were China ($126M), Poland ($33.1M), Netherlands ($26.7M), Belgium ($17.7M), and Egypt ($17.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Silicates were South Korea ($37.7M), Turkey ($15.2M), Russia ($14M), Mexico ($12.9M), and Japan ($11.6M).

Disaggregation

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Value

In 2019, the world most traded Silicates, disaggragated by their HS6 level were N/A

Import Tariffs

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In 2018, the average tariff for importing Silicates was 4.52%.  The countries with the highest tariffs for importing Silicates were Bahamas (40.2%), Bermuda (25%), Ethiopia (14.9%), Nepal (14.8%), and Maldives (14.7%).

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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.