HS Icon Wood Tar, Oils and Pitch

3807 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Wood Tar, Oils and Pitch. In 2019, Wood Tar, Oils and Pitch were the world's 1161st most traded product, with a total trade of $126M. Between 2018 and 2019 the exports of Wood Tar, Oils and Pitch decreased by -33.7%, from $191M to $126M. Trade in Wood Tar, Oils and Pitch represent 0.0007% of total world trade.

Exports In 2019 the top exporters of Wood Tar, Oils and Pitch  were United States ($50.4M), Egypt ($13.2M), Finland ($12.5M), France ($9.4M), and Netherlands ($9.03M).

Imports In 2019 the top importers of Wood Tar, Oils and Pitch were Sweden ($57.9M), Malta ($13.2M), China ($8.29M), Canada ($4.09M), and United States ($3.45M).

Tariffs In 2018 the average tariff for Wood Tar, Oils and Pitch was 4.07%, making it the 977th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Wood Tar, Oils and Pitch are Bahamas (40.2%), Bermuda (25%), Sri Lanka (22%), Republic of the Congo (19.6%), and Azerbaijan (14.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $50.4M

Top Destination (2019): Sweden, $57.9M

Wood Tar, Oils and Pitch are the world's 1161st most traded product.

In 2019, the top exporters of Wood Tar, Oils and Pitch were United States ($50.4M), Egypt ($13.2M), Finland ($12.5M), France ($9.4M), and Netherlands ($9.03M).

In 2019, the top importers of Wood Tar, Oils and Pitch were Sweden ($57.9M), Malta ($13.2M), China ($8.29M), Canada ($4.09M), and United States ($3.45M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $7.62M

Top Destination Growth (2018 - 2019): Malta, $13.2M

Between 2018 and 2019, the exports of Wood Tar, Oils and Pitch grew the fastest in United States ($7.62M), Netherlands ($4.32M), France ($3.54M), Russia ($738k), and Thailand ($721k).

Between 2018 and 2019, the fastest growing importers of Wood Tar, Oils and Pitch were Malta ($13.2M), Sweden ($9.62M), China ($3.59M), Finland ($1.53M), and Portugal ($1.4M).

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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 Wood Tar, Oils and Pitch.

In 2019,  market concentration measured using Shannon Entropy, was 3.29. This means that most of the exports of Wood Tar, Oils and Pitch are explained by 9 countries.

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TOP NET EXPORTER (2019): United States, $47M

TOP NET IMPORTER (2019): Sweden, $56.2M

This map shows which countries export or import more of Wood Tar, Oils and Pitch. Each country is colored based on the difference in exports and imports of Wood Tar, Oils and Pitch during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Wood Tar, Oils and Pitch were United States ($47M), Egypt ($13.2M), Finland ($9.61M), France ($7.12M), and Netherlands ($6.85M).

In 2019, the countries that had a largest trade value in imports than in exports of Wood Tar, Oils and Pitch were Sweden ($56.2M), Malta ($13.2M), China ($4.75M), Canada ($2.52M), and Japan ($2.4M).

Disaggregation

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Value

In 2019, the world most traded Wood Tar, Oils and Pitch, disaggragated by their HS6 level were Wood tar, tar oils, creosote, naphtha,... ($126M)

Import Tariffs

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In 2018, the average tariff for importing Wood Tar, Oils and Pitch was 4.07%. The countries with the highest tariffs for importing Wood Tar, Oils and Pitch were Bahamas (40.2%), Bermuda (25%), Sri Lanka (22%), Republic of the Congo (19.6%), and Azerbaijan (14.4%).

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 Wood Tar, Oils and Pitch to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.