HS Icon Yarn of cellulose acetate, single, nes, not retail

540333 (Harmonized System 1992 for 6-digit)

World Trade (2018): $206M, Rnk 3634 / 4726

Top Exporter (2018): $107M, United States

Top Importer (2018): $49M, China

Export Growth (CAGR)(2017 - 2018): 4.67%, Rnk 3369 / 4726

Mean Tariff (2018): 4.71%, Rnk 4372 / 6538

Share of World Trade (2018): 0.0011%, Rnk 3634 / 4726

Overview:  This page contains the latest trade data of Yarn of cellulose acetate, single, nes, not retail. In 2018, Yarn of cellulose acetate, single, nes, not retail were the world's 3634th most traded product, with a total trade of $206M. Between 2017 and 2018 the exports of Yarn of cellulose acetate, single, nes, not retail grew by 4.67%, from  $197M to $206M. Trade in Yarn of cellulose acetate, single, nes, not retail represent 0.0011% of total world trade.

Exports: In 2018 the top exporters of Yarn of cellulose acetate, single, nes, not retail  were United States ($107M), Germany ($26M), Lithuania ($15.2M), Japan ($15.1M), and Netherlands ($13.6M).

Imports: In 2018 the top importers of Yarn of cellulose acetate, single, nes, not retail were China ($49M), South Korea ($41.2M), Italy ($30M), Nigeria ($11.7M), and Russia ($9.1M).

Tariffs: In 2018 the average tariff for Yarn of cellulose acetate, single, nes, not retail was 4.71%, been the 4372 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Yarn of cellulose acetate, single, nes, not retail are Bahamas (40.2%), Finland (20%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Lebanon (0%), and Sri Lanka (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $107M

Top Destination (2018): China, $49M

Yarn of cellulose acetate, single, nes, not retail are the world's 3634th most traded product.

In 2018, the top exporters of Yarn of cellulose acetate, single, nes, not retail were United States ($107M), Germany ($26M), Lithuania ($15.2M), Japan ($15.1M), and Netherlands ($13.6M).

In 2018, the top importers of Yarn of cellulose acetate, single, nes, not retail were China ($49M), South Korea ($41.2M), Italy ($30M), Nigeria ($11.7M), and Russia ($9.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $15M

Top Destination Growth (2017 - 2018): China, $16M

Between 2017 and 2018, the exports of Yarn of cellulose acetate, single, nes, not retail grew the fastest in Germany ($15M), Netherlands ($3.01M), Belgium-Luxembourg ($1.62M), Italy ($657k), and Lithuania ($545k).

Between 2017 and 2018, the fastest growing importers of Yarn of cellulose acetate, single, nes, not retail were China ($16M), Italy ($9.69M), Latvia ($4.39M), Japan ($1.17M), and Uzbekistan ($1.14M).

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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 Yarn of cellulose acetate, single, nes, not retail.

In 2018,  market concentration measured using Shannon Entropy, was 2.39. This means that most of the exports of Yarn of cellulose acetate, single, nes, not retail are explained by 5 countries.

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TOP NET EXPORTER (2018): United States, $105M

TOP NET IMPORTER (2018): China, $48M

This map shows which countries export or import more of Yarn of cellulose acetate, single, nes, not retail. Each country is colored based on the difference in exports and imports of Yarn of cellulose acetate, single, nes, not retail during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Yarn of cellulose acetate, single, nes, not retail were United States ($105M), Germany ($24M), Lithuania ($14.7M), Spain ($10.4M), and Japan ($9.46M).

In 2018, the countries that had a largest trade value in imports than in exports of Yarn of cellulose acetate, single, nes, not retail were China ($48M), South Korea ($40.7M), Italy ($25.8M), Russia ($8.48M), and Poland ($1.95M).

Trade Forecasts

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This section shows forecasts for total trade for Yarn of cellulose acetate, single, nes, not retail. 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 Yarn of cellulose acetate, single, nes, not retail was 4.71%.  The countries with the highest tariffs for importing Yarn of cellulose acetate, single, nes, not retail were Bahamas (40.2%), Finland (20%), Ethiopia (19.8%), Argentina (17.3%), and Venezuela (17.3%).

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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.