HS Icon Tin Bars

8003 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $537M, Rnk 1015 / 1217

2019
Top Exporter | Top Importer
: $68.9M | $63.9M, Poland | Malaysia

2018 - 2019
Export Growth (CAGR)
: -8.15%, Rnk 894 / 1217

2018
Mean Tariff
: 3.99%, Rnk 995 / 1259

 2019
Share of World Trade
: 0.003%, Rnk 1015 / 1217

Overview:  This page contains the latest trade data of Tin Bars. In 2019, Tin Bars were the world's 1015th most traded product, with a total trade of $537M. Between 2018 and 2019 the exports of Tin Bars decreased by -8.15%, from  $584M to $537M. Trade in Tin Bars represent 0.003% of total world trade.

Exports: In 2019 the top exporters of Tin Bars  were Poland ($68.9M), Chinese Taipei ($58.7M), United States ($53.3M), Hong Kong ($47.6M), and Germany ($31.7M).

Imports: In 2019 the top importers of Tin Bars were Malaysia ($63.9M), China ($48.9M), Mexico ($41M), United States ($34M), and Hong Kong ($28.2M).

Tariffs: In 2018 the average tariff for Tin Bars was 3.99%, making it the 995th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Tin Bars are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Mauritania (20%), and Republic of the Congo (19.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Armenia (0%), and Hong Kong (0%).

Exporters and Importers

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Trade By Country

Top Origin (2019): Poland, $68.9M

Top Destination (2019): Malaysia, $63.9M

Tin Bars are the world's 1015th most traded product.

In 2019, the top exporters of Tin Bars were Poland ($68.9M), Chinese Taipei ($58.7M), United States ($53.3M), Hong Kong ($47.6M), and Germany ($31.7M).

In 2019, the top importers of Tin Bars were Malaysia ($63.9M), China ($48.9M), Mexico ($41M), United States ($34M), and Hong Kong ($28.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Thailand, $4.81M

Top Destination Growth (2018 - 2019): United Kingdom, $7.17M

Between 2018 and 2019, the exports of Tin Bars grew the fastest in Thailand ($4.81M), Poland ($3.79M), United States ($3.53M), South Korea ($2.9M), and Belgium ($2.01M).

Between 2018 and 2019, the fastest growing importers of Tin Bars were United Kingdom ($7.17M), Vietnam ($5.36M), United States ($4.21M), Hungary ($3.87M), and Turkey ($3.41M).

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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 Tin Bars.

In 2019,  market concentration measured using Shannon Entropy, was 4.28. This means that most of the exports of Tin Bars are explained by 19 countries.

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TOP NET EXPORTER (2019): Poland, $62.8M

TOP NET IMPORTER (2019): Malaysia, $33.7M

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

In 2019, the countries that had a largest trade value in exports than in imports of Tin Bars were Poland ($62.8M), Chinese Taipei ($43.6M), Japan ($23M), Hong Kong ($19.5M), and United States ($19.3M).

In 2019, the countries that had a largest trade value in imports than in exports of Tin Bars were Malaysia ($33.7M), Mexico ($26.9M), United Kingdom ($23.5M), Vietnam ($23.2M), and China ($18.6M).

Disaggregation

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Value

In 2019, the world most traded Tin Bars, disaggragated by their HS6 level were Tin bars, rods, profiles and wire ($537M)

Import Tariffs

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In 2018, the average tariff for importing Tin Bars was 3.99%.  The countries with the highest tariffs for importing Tin Bars were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Mauritania (20%), and Republic of the Congo (19.6%).

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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.