HS Icon Vegetable and Mineral Carvings

9602 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Vegetable and Mineral Carvings. In 2019, Vegetable and Mineral Carvings were the world's 936th most traded product, with a total trade of $885M. Between 2018 and 2019 the exports of Vegetable and Mineral Carvings decreased by -3.46%, from $917M to $885M. Trade in Vegetable and Mineral Carvings represent 0.0049% of total world trade.

Exports In 2019 the top exporters of Vegetable and Mineral Carvings  were Belgium ($203M), China ($104M), India ($94.7M), United States ($86.2M), and Mexico ($67.9M).

Imports In 2019 the top importers of Vegetable and Mineral Carvings were United States ($219M), Germany ($58.4M), France ($37.2M), United Kingdom ($32M), and Netherlands ($29.6M).

Tariffs In 2018 the average tariff for Vegetable and Mineral Carvings was 10.9%, making it the 377th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Vegetable and Mineral Carvings are Bahamas (41.3%), Iran (30%), Cape Verde (30%), Cameroon (29.4%), and Gabon (29.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Singapore (0%), and Switzerland (0%).

Ranking Vegetable and Mineral Carvings ranks 580th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Belgium, $203M

Top Destination (2019): United States, $219M

Vegetable and Mineral Carvings are the world's 936th most traded product.

In 2019, the top exporters of Vegetable and Mineral Carvings were Belgium ($203M), China ($104M), India ($94.7M), United States ($86.2M), and Mexico ($67.9M).

In 2019, the top importers of Vegetable and Mineral Carvings were United States ($219M), Germany ($58.4M), France ($37.2M), United Kingdom ($32M), and Netherlands ($29.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Mexico, $8.67M

Top Destination Growth (2018 - 2019): United States, $12M

Between 2018 and 2019, the exports of Vegetable and Mineral Carvings grew the fastest in Mexico ($8.67M), Belgium ($5.93M), Vietnam ($2.33M), Poland ($1.79M), and Japan ($1.27M).

Between 2018 and 2019, the fastest growing importers of Vegetable and Mineral Carvings were United States ($12M), France ($5.86M), Russia ($2.98M), United Kingdom ($2.61M), and Ireland ($2.44M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Vegetable and Mineral Carvings.

In 2019,  market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Vegetable and Mineral Carvings are explained by 15 countries.

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TOP NET EXPORTER (2019): Belgium, $187M

TOP NET IMPORTER (2019): United States, $132M

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

In 2019, the countries that had a largest trade value in exports than in imports of Vegetable and Mineral Carvings were Belgium ($187M), China ($100M), India ($85.1M), Mexico ($43.4M), and South Korea ($33M).

In 2019, the countries that had a largest trade value in imports than in exports of Vegetable and Mineral Carvings were United States ($132M), Germany ($47.6M), United Kingdom ($24.8M), Brazil ($20.4M), and Italy ($19.9M).

Disaggregation

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Value

In 2019, the world most traded Vegetable and Mineral Carvings, disaggragated by their HS6 level were Worked vegetable, mineral carving material, articles ($885M)

Import Tariffs

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In 2018, the average tariff for importing Vegetable and Mineral Carvings was 10.9%. The countries with the highest tariffs for importing Vegetable and Mineral Carvings were Bahamas (41.3%), Iran (30%), Cape Verde (30%), Cameroon (29.4%), and Gabon (29.4%).

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.

Country by Relatedness

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The following visualization shows the relatedness of Vegetable and Mineral Carvings to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.