HS Icon Carbonates of metals nes

283699 (Harmonized System 1992 for 6-digit)

Overview:  This page contains the latest trade data of Carbonates of metals nes. In 2019, Carbonates of metals nes were the world's 2262nd most traded product, with a total trade of $811M. Between 2018 and 2019 the exports of Carbonates of metals nes decreased by -24.1%, from $1.07B to $811M. Trade in Carbonates of metals nes represent 0.0045% of total world trade.

Exports: In 2019 the top exporters of Carbonates of metals nes  were China ($234M), Germany ($167M), Poland ($84.8M), United States ($40.5M), and Australia ($29M).

Imports: In 2019 the top importers of Carbonates of metals nes were United States ($79.4M), United Kingdom ($40.9M), Germany ($40M), Netherlands ($35.6M), and France ($35.1M).

Tariffs: In 2018 the average tariff for Carbonates of metals nes was 3.68%, making it the 5271st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Carbonates of metals nes are Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Carbonates of metals nes ranks 2985th in the Product Complexity Index (PCI).

Description: Carbonates of metals are often used in batteries.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): China, $234M

Top Destination (2019): United States, $79.4M

Carbonates of metals nes are the world's 2262nd most traded product.

In 2019, the top exporters of Carbonates of metals nes were China ($234M), Germany ($167M), Poland ($84.8M), United States ($40.5M), and Australia ($29M).

In 2019, the top importers of Carbonates of metals nes were United States ($79.4M), United Kingdom ($40.9M), Germany ($40M), Netherlands ($35.6M), and France ($35.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Germany, $13.7M

Top Destination Growth (2018 - 2019): Belgium, $4.39M

Between 2018 and 2019, the exports of Carbonates of metals nes grew the fastest in Germany ($13.7M), Turkey ($7.07M), Philippines ($6.04M), Australia ($4.15M), and Netherlands ($3.82M).

Between 2018 and 2019, the fastest growing importers of Carbonates of metals nes were Belgium ($4.39M), United Arab Emirates ($3.73M), Poland ($1.42M), Mexico ($1.17M), and Jordan ($1.1M).

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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 Carbonates of metals nes.

In 2019,  market concentration measured using Shannon Entropy, was 3.72. This means that most of the exports of Carbonates of metals nes are explained by 13 countries.

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TOP NET EXPORTER (2019): China, $214M

TOP NET IMPORTER (2019): United States, $38.9M

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

In 2019, the countries that had a largest trade value in exports than in imports of Carbonates of metals nes were China ($214M), Germany ($127M), Poland ($52.9M), Australia ($22.3M), and Finland ($11.5M).

In 2019, the countries that had a largest trade value in imports than in exports of Carbonates of metals nes were United States ($38.9M), Czechia ($29M), France ($26M), United Kingdom ($25.9M), and South Africa ($25.6M).

Import Tariffs

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In 2018, the average tariff for importing Carbonates of metals nes was 3.68%. The countries with the highest tariffs for importing Carbonates of metals nes were Bahamas (40.2%), Bermuda (25%), Maldives (14.7%), Algeria (12.2%), and Aruba (12%).

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.