HS Icon Syringes, with or without needles

901831 (Harmonized System 1992 for 6-digit)

World Trade (2018): $4.91B, Rnk 640 / 4726

Top Exporter (2018): $672M, United States

Top Importer (2018): $570M, Germany

Export Growth (CAGR)(2017 - 2018): 7.27%, Rnk 3056 / 4726

Mean Tariff (2018): 4.4%, Rnk 4611 / 6538

Share of World Trade (2018): 0.027%, Rnk 640 / 4726

Overview:  This page contains the latest trade data of Syringes, with or without needles. In 2018, Syringes, with or without needles were the world's 640th most traded product, with a total trade of $4.91B. Between 2017 and 2018 the exports of Syringes, with or without needles grew by 7.27%, from  $4.58B to $4.91B. Trade in Syringes, with or without needles represent 0.027% of total world trade.

Exports: In 2018 the top exporters of Syringes, with or without needles  were United States ($672M), China ($556M), Germany ($472M), France ($448M), and Belgium-Luxembourg ($373M).

Imports: In 2018 the top importers of Syringes, with or without needles were Germany ($570M), United States ($515M), France ($500M), Belgium-Luxembourg ($416M), and Italy ($237M).

Tariffs: In 2018 the average tariff for Syringes, with or without needles was 4.4%, been the 4611 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Syringes, with or without needles are Algeria (26.6%), Bermuda (25%), Tunisia (20%), Pakistan (19.6%), and Indonesia (18.9%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $672M

Top Destination (2018): Germany, $570M

Syringes, with or without needles are the world's 640th most traded product.

In 2018, the top exporters of Syringes, with or without needles were United States ($672M), China ($556M), Germany ($472M), France ($448M), and Belgium-Luxembourg ($373M).

In 2018, the top importers of Syringes, with or without needles were Germany ($570M), United States ($515M), France ($500M), Belgium-Luxembourg ($416M), and Italy ($237M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $97.2M

Top Destination Growth (2017 - 2018): United States, $95.3M

Between 2017 and 2018, the exports of Syringes, with or without needles grew the fastest in Belgium-Luxembourg ($97.2M), Germany ($81.5M), Netherlands ($62.5M), Costa Rica ($60.2M), and Hungary ($51M).

Between 2017 and 2018, the fastest growing importers of Syringes, with or without needles were United States ($95.3M), Germany ($86.1M), India ($31M), China ($28.6M), and Japan ($25.3M).

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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 Syringes, with or without needles.

In 2018,  market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Syringes, with or without needles are explained by 19 countries.

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TOP NET EXPORTER (2018): China, $359M

TOP NET IMPORTER (2018): Canada, $123M

This map shows which countries export or import more of Syringes, with or without needles. Each country is colored based on the difference in exports and imports of Syringes, with or without needles during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Syringes, with or without needles were China ($359M), Mexico ($215M), Switzerland ($168M), United States ($156M), and Hungary ($74.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Syringes, with or without needles were Canada ($123M), Germany ($97.3M), Russia ($88.9M), Brazil ($63.9M), and Italy ($56.5M).

Trade Forecasts

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This section shows forecasts for total trade for Syringes, with or without needles. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Syringes, with or without needles was 4.4%.  The countries with the highest tariffs for importing Syringes, with or without needles were Algeria (26.6%), Bermuda (25%), Tunisia (20%), Pakistan (19.6%), and Indonesia (18.9%).

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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.