HS Icon Silicones in primary forms

391000 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Silicones in primary forms. In 2019, Silicones in primary forms were the world's 390th most traded product, with a total trade of $7.93B. Between 2018 and 2019 the exports of Silicones in primary forms decreased by -9.15%, from $8.73B to $7.93B. Trade in Silicones in primary forms represent 0.044% of total world trade.

Exports: In 2019 the top exporters of Silicones in primary forms  were Germany ($1.87B), United States ($1.34B), Japan ($803M), China ($795M), and Belgium ($567M).

Imports: In 2019 the top importers of Silicones in primary forms were China ($813M), Belgium ($713M), United States ($609M), South Korea ($443M), and Germany ($443M).

Tariffs: In 2018 the average tariff for Silicones in primary forms was 3.89%, making it the 5091st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Silicones in primary forms are Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Romania (16.5%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritania (0%), Mauritius (0%), and Rwanda (0%).

Ranking: Silicones in primary forms ranks 88th in the Product Complexity Index (PCI).

Description: Silicone is most often used in hair care products as a conditioner. It can also be used as an anti-static agent, and to seal hair follicles. Silicone is also used in skin care products, for instance, as a moisturizer and a sunscreen. Silicone grease is often used as a lubricant.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $1.87B

Top Destination (2019): China, $813M

Silicones in primary forms are the world's 390th most traded product.

In 2019, the top exporters of Silicones in primary forms were Germany ($1.87B), United States ($1.34B), Japan ($803M), China ($795M), and Belgium ($567M).

In 2019, the top importers of Silicones in primary forms were China ($813M), Belgium ($713M), United States ($609M), South Korea ($443M), and Germany ($443M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United Arab Emirates, $5.63M

Top Destination Growth (2018 - 2019): Belgium, $43M

Between 2018 and 2019, the exports of Silicones in primary forms grew the fastest in United Arab Emirates ($5.63M), Brazil ($5.56M), North Korea ($5.31M), Canada ($5.08M), and Indonesia ($3.72M).

Between 2018 and 2019, the fastest growing importers of Silicones in primary forms were Belgium ($43M), Dominican Republic ($5.83M), Saudi Arabia ($2.5M), Vietnam ($2M), and Iraq ($1.96M).

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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 Silicones in primary forms.

In 2019,  market concentration measured using Shannon Entropy, was 3.64. This means that most of the exports of Silicones in primary forms are explained by 12 countries.

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TOP NET EXPORTER (2019): Germany, $1.42B

TOP NET IMPORTER (2019): Italy, $238M

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

In 2019, the countries that had a largest trade value in exports than in imports of Silicones in primary forms were Germany ($1.42B), United States ($726M), Japan ($636M), United Kingdom ($272M), and Thailand ($94.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Silicones in primary forms were Italy ($238M), Mexico ($216M), Vietnam ($169M), South Korea ($164M), and India ($160M).

Import Tariffs

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In 2018, the average tariff for importing Silicones in primary forms was 3.89%. The countries with the highest tariffs for importing Silicones in primary forms were Bahamas (40.2%), Bermuda (25%), Maldives (19.6%), Romania (16.5%), and Aruba (12%).

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.