HS Icon Computers

8471 (Harmonized System 1992 for 4-digit)

World Trade (2018): $289B, Rnk 10 / 1225

Top Exporter (2018): $147B, China

Top Importer (2018): $80.8B, United States

Export Growth (CAGR)(2017 - 2018): 8.99%, Rnk 818 / 1225

Mean Tariff (2018): 3.35%, Rnk 1101 / 1259

Share of World Trade (2018): 1.57%, Rnk 10 / 1225

Overview:  This page contains the latest trade data of Computers. In 2018, Computers were the world's 10th most traded product, with a total trade of $289B. Between 2017 and 2018 the exports of Computers grew by 8.99%, from  $265B to $289B. Trade in Computers represent 1.57% of total world trade.

Exports: In 2018 the top exporters of Computers  were China ($147B), Mexico ($29.7B), United States ($16.8B), Germany ($12B), and Netherlands ($11.2B).

Imports: In 2018 the top importers of Computers were United States ($80.8B), Hong Kong ($20.7B), Germany ($19.2B), Netherlands ($17.3B), and United Kingdom ($11.3B).

Tariffs: In 2018 the average tariff for Computers was 3.35%, been the 1101 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Computers are Iran (27.2%), Bermuda (25%), Algeria (16.1%), Cuba (14.6%), and Mauritania (13%). The countries with the lowest tariffs are Egypt (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $147B

Top Destination (2018): United States, $80.8B

Computers are the world's 10th most traded product.

In 2018, the top exporters of Computers were China ($147B), Mexico ($29.7B), United States ($16.8B), Germany ($12B), and Netherlands ($11.2B).

In 2018, the top importers of Computers were United States ($80.8B), Hong Kong ($20.7B), Germany ($19.2B), Netherlands ($17.3B), and United Kingdom ($11.3B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Mexico, $7.13B

Top Destination Growth (2017 - 2018): United States, $7.39B

Between 2017 and 2018, the exports of Computers grew the fastest in Mexico ($7.13B), United States ($4.33B), Czechia ($3.85B), Germany ($2.82B), and United Arab Emirates ($2.22B).

Between 2017 and 2018, the fastest growing importers of Computers were United States ($7.39B), Hong Kong ($6.35B), Netherlands ($6.3B), Ireland ($1.55B), and India ($1.03B).

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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 Computers.

In 2018,  market concentration measured using Shannon Entropy, was 3.06. This means that most of the exports of Computers are explained by 8 countries.

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TOP NET EXPORTER (2018): China, $143B

TOP NET IMPORTER (2018): United States, $64B

This map shows which countries export or import more of Computers. Each country is colored based on the difference in exports and imports of Computers during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Computers were China ($143B), Mexico ($22.2B), Czechia ($6.35B), Philippines ($3.76B), and Malaysia ($3.22B).

In 2018, the countries that had a largest trade value in imports than in exports of Computers were United States ($64B), Hong Kong ($17.8B), Japan ($9.66B), United Kingdom ($8.05B), and Germany ($7.23B).

Trade Forecasts

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This section shows forecasts for total trade for Computers. 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 Computers was 3.35%.  The countries with the highest tariffs for importing Computers were Iran (27.2%), Bermuda (25%), Algeria (16.1%), Cuba (14.6%), and Mauritania (13%).

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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.