HS Icon Used postage and revenue stamps, first day covers, et

970400 (Harmonized System 1992 for 6-digit)

World Trade (2018): $156M, Rnk 3860 / 4726

Top Exporter (2018): $38.5M, Switzerland

Top Importer (2018): $39.9M, United States

Product Complexity (2018): 0.36, Rnk 1955 / 4873

Export Growth (CAGR)(2017 - 2018): 84.9%, Rnk 118 / 4726

Mean Tariff (2018): 6.09%, Rnk 3543 / 6538

Share of World Trade (2018): 0.00085%, Rnk 3860 / 4726

Overview:  This page contains the latest trade data of Used postage and revenue stamps, first day covers, et. In 2018, Used postage and revenue stamps, first day covers, et were the world's 3860th most traded product, with a total trade of $156M. Between 2017 and 2018 the exports of Used postage and revenue stamps, first day covers, et grew by 84.9%, from  $84.1M to $156M. Trade in Used postage and revenue stamps, first day covers, et represent 0.00085% of total world trade.

Exports: In 2018 the top exporters of Used postage and revenue stamps, first day covers, et  were Switzerland ($38.5M), Germany ($30.4M), United Kingdom ($23.6M), United States ($8.45M), and Sweden ($5.85M).

Imports: In 2018 the top importers of Used postage and revenue stamps, first day covers, et were United States ($39.9M), Switzerland ($20.8M), Germany ($13.8M), Hong Kong ($11.6M), and United Kingdom ($8.89M).

Tariffs: In 2018 the average tariff for Used postage and revenue stamps, first day covers, et was 6.09%, been the 3543 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Used postage and revenue stamps, first day covers, et are Cameroon (29.4%), Gabon (29.4%), Uzbekistan (28.7%), Syria (27.6%), and Ecuador (27.1%). The countries with the lowest tariffs are Algeria (0%), Mauritius (0%), South Africa (0%), Armenia (0%), and Hong Kong (0%).

Ranking: Used postage and revenue stamps, first day covers, et ranks 1955th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Switzerland, $38.5M

Top Destination (2018): United States, $39.9M

Used postage and revenue stamps, first day covers, et are the world's 3860th most traded product.

In 2018, the top exporters of Used postage and revenue stamps, first day covers, et were Switzerland ($38.5M), Germany ($30.4M), United Kingdom ($23.6M), United States ($8.45M), and Sweden ($5.85M).

In 2018, the top importers of Used postage and revenue stamps, first day covers, et were United States ($39.9M), Switzerland ($20.8M), Germany ($13.8M), Hong Kong ($11.6M), and United Kingdom ($8.89M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Switzerland, $18.5M

Top Destination Growth (2017 - 2018): United States, $39.9M

Between 2017 and 2018, the exports of Used postage and revenue stamps, first day covers, et grew the fastest in Switzerland ($18.5M), United Kingdom ($14M), Germany ($8.93M), Sweden ($5.82M), and Canada ($3.83M).

Between 2017 and 2018, the fastest growing importers of Used postage and revenue stamps, first day covers, et were United States ($39.9M), Israel ($5.47M), Australia ($5.41M), Hong Kong ($4.71M), and United Kingdom ($4.41M).

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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 Used postage and revenue stamps, first day covers, et.

In 2018,  market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Used postage and revenue stamps, first day covers, et are explained by 14 countries.

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TOP NET EXPORTER (2018): Switzerland, $17.7M

TOP NET IMPORTER (2018): United States, $31.4M

This map shows which countries export or import more of Used postage and revenue stamps, first day covers, et. Each country is colored based on the difference in exports and imports of Used postage and revenue stamps, first day covers, et during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Used postage and revenue stamps, first day covers, et were Switzerland ($17.7M), Germany ($16.6M), United Kingdom ($14.7M), Sweden ($5.6M), and Canada ($3.07M).

In 2018, the countries that had a largest trade value in imports than in exports of Used postage and revenue stamps, first day covers, et were United States ($31.4M), Hong Kong ($7.36M), China ($6.02M), Israel ($5.02M), and Australia ($3.68M).

Trade Forecasts

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This section shows forecasts for total trade for Used postage and revenue stamps, first day covers, et. 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 Used postage and revenue stamps, first day covers, et was 6.09%.  The countries with the highest tariffs for importing Used postage and revenue stamps, first day covers, et were Cameroon (29.4%), Gabon (29.4%), Uzbekistan (28.7%), Syria (27.6%), and Ecuador (27.1%).

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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.