HS Icon Sleeping bags

940430 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Sleeping bags. In 2019, Sleeping bags were the world's 2576th most traded product, with a total trade of $585M. Between 2018 and 2019 the exports of Sleeping bags decreased by -5.84%, from $621M to $585M. Trade in Sleeping bags represent 0.0032% of total world trade.

Exports In 2019 the top exporters of Sleeping bags  were China ($348M), Bangladesh ($49.2M), Germany ($19.5M), Austria ($16.4M), and Belgium ($16.1M).

Imports In 2019 the top importers of Sleeping bags were United States ($134M), Germany ($52M), France ($47.3M), United Kingdom ($35.6M), and Japan ($26.7M).

Tariffs In 2018 the average tariff for Sleeping bags was 15.3%, making it the 1071st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Sleeping bags are Syria (55.2%), Egypt (51.5%), Iran (45%), Bahamas (41.3%), and Bolivia (38.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Sleeping bags ranks 4312th in the Product Complexity Index (PCI).

Description A sleeping bag is typically used by hikers, campers, or people who are outdoors and need to sleep. Sleeping bags are usually made out of a material that is insulated and will keep the person inside warm. There are two main types of sleeping bags: zippered and non-zippered. Zippered sleeping bags are easier to put on and take off, and they are more versatile because they can be used for different climates. Non-zippered sleeping bags are easier to ventilate and are more comfortable for colder weather.

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): China, $348M

Top Destination (2019): United States, $134M

Sleeping bags are the world's 2576th most traded product.

In 2019, the top exporters of Sleeping bags were China ($348M), Bangladesh ($49.2M), Germany ($19.5M), Austria ($16.4M), and Belgium ($16.1M).

In 2019, the top importers of Sleeping bags were United States ($134M), Germany ($52M), France ($47.3M), United Kingdom ($35.6M), and Japan ($26.7M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Belgium, $5.73M

Top Destination Growth (2018 - 2019): Belgium, $8.3M

Between 2018 and 2019, the exports of Sleeping bags grew the fastest in Belgium ($5.73M), Vietnam ($4.63M), Austria ($3.52M), Sweden ($2.97M), and France ($2.44M).

Between 2018 and 2019, the fastest growing importers of Sleeping bags were Belgium ($8.3M), Japan ($3.97M), Switzerland ($2.17M), Saudi Arabia ($1.82M), and Italy ($1.45M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Sleeping bags.

In 2019,  market concentration measured using Shannon Entropy, was 2.78. This means that most of the exports of Sleeping bags are explained by 6 countries.

Explore Visualizations

TOP NET EXPORTER (2019): China, $347M

TOP NET IMPORTER (2019): United States, $128M

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

In 2019, the countries that had a largest trade value in exports than in imports of Sleeping bags were China ($347M), Bangladesh ($49.1M), Vietnam ($13.2M), Austria ($9.89M), and Moldova ($5.22M).

In 2019, the countries that had a largest trade value in imports than in exports of Sleeping bags were United States ($128M), France ($36.6M), Germany ($32.5M), United Kingdom ($27.8M), and Japan ($26.3M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Sleeping bags was 15.3%. The countries with the highest tariffs for importing Sleeping bags were Syria (55.2%), Egypt (51.5%), Iran (45%), Bahamas (41.3%), and Bolivia (38.5%).

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.