HS Icon Vegetable Plaiting Materials

1401 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Vegetable Plaiting Materials. In 2019, Vegetable Plaiting Materials were the world's 1134th most traded product, with a total trade of $199M. Between 2018 and 2019 the exports of Vegetable Plaiting Materials grew by 5.55%, from $189M to $199M. Trade in Vegetable Plaiting Materials represent 0.0011% of total world trade.

Exports In 2019 the top exporters of Vegetable Plaiting Materials  were China ($97.7M), Vietnam ($10.6M), Netherlands ($9.07M), Singapore ($8.13M), and Indonesia ($7.52M).

Imports In 2019 the top importers of Vegetable Plaiting Materials were Netherlands ($21.2M), United States ($17.5M), China ($13.2M), Germany ($13M), and Spain ($10.2M).

Tariffs In 2018 the average tariff for Vegetable Plaiting Materials was 5.52%, making it the 746th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Vegetable Plaiting Materials are Tunisia (36%), India (25.9%), Bermuda (25%), Maldives (24.5%), and Sudan (21.9%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Sri Lanka (0%), and Singapore (0%).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $97.7M

Top Destination (2019): Netherlands, $21.2M

Vegetable Plaiting Materials are the world's 1134th most traded product.

In 2019, the top exporters of Vegetable Plaiting Materials were China ($97.7M), Vietnam ($10.6M), Netherlands ($9.07M), Singapore ($8.13M), and Indonesia ($7.52M).

In 2019, the top importers of Vegetable Plaiting Materials were Netherlands ($21.2M), United States ($17.5M), China ($13.2M), Germany ($13M), and Spain ($10.2M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $6.1M

Top Destination Growth (2018 - 2019): India, $6.65M

Between 2018 and 2019, the exports of Vegetable Plaiting Materials grew the fastest in Vietnam ($6.1M), Indonesia ($3.31M), Singapore ($2.27M), Netherlands ($1.97M), and Malaysia ($1.77M).

Between 2018 and 2019, the fastest growing importers of Vegetable Plaiting Materials were India ($6.65M), China ($6.35M), Netherlands ($2.33M), United Kingdom ($1.54M), and Egypt ($1.49M).

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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 Plaiting Materials.

In 2019,  market concentration measured using Shannon Entropy, was 3.49. This means that most of the exports of Vegetable Plaiting Materials are explained by 11 countries.

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TOP NET EXPORTER (2019): China, $84.5M

TOP NET IMPORTER (2019): United States, $15.9M

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

In 2019, the countries that had a largest trade value in exports than in imports of Vegetable Plaiting Materials were China ($84.5M), Vietnam ($9.49M), Indonesia ($6.26M), Malaysia ($5.03M), and Singapore ($4.14M).

In 2019, the countries that had a largest trade value in imports than in exports of Vegetable Plaiting Materials were United States ($15.9M), Netherlands ($12.2M), Germany ($10.3M), India ($7.87M), and United Kingdom ($7.42M).

Disaggregation

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Value

In 2019, the world most traded Vegetable Plaiting Materials, disaggragated by their HS6 level were Bamboos used primarily for plaiting ($107M), Vegetable materials nes, used primarily for... ($58.5M), and Rattan used primarily for plaiting ($33.3M)

Import Tariffs

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In 2018, the average tariff for importing Vegetable Plaiting Materials was 5.52%. The countries with the highest tariffs for importing Vegetable Plaiting Materials were Tunisia (36%), India (25.9%), Bermuda (25%), Maldives (24.5%), and Sudan (21.9%).

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 Plaiting Materials to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.