HS Icon Therapeutic respiration apparatus

901920 (Harmonized System 1992 for 6-digit)

World Trade (2018): $7.51B, Rnk 431 / 4726

Top Exporter (2018): $1.18B, Singapore

Top Importer (2018): $2.08B, United States

Export Growth (CAGR)(2017 - 2018): 2.95%, Rnk 3558 / 4726

Mean Tariff (2018): 3.02%, Rnk 5702 / 6538

Share of World Trade (2018): 0.041%, Rnk 431 / 4726

Overview:  This page contains the latest trade data of Therapeutic respiration apparatus. In 2018, Therapeutic respiration apparatus were the world's 431st most traded product, with a total trade of $7.51B. Between 2017 and 2018 the exports of Therapeutic respiration apparatus grew by 2.95%, from  $7.29B to $7.51B. Trade in Therapeutic respiration apparatus represent 0.041% of total world trade.

Exports: In 2018 the top exporters of Therapeutic respiration apparatus  were Singapore ($1.18B), United States ($909M), China ($905M), Australia ($745M), and Germany ($686M).

Imports: In 2018 the top importers of Therapeutic respiration apparatus were United States ($2.08B), Netherlands ($671M), Germany ($491M), France ($412M), and Japan ($371M).

Tariffs: In 2018 the average tariff for Therapeutic respiration apparatus was 3.02%, been the 5702 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Therapeutic respiration apparatus are Bermuda (25%), Venezuela (13.4%), Brazil (13.4%), and Aruba (12%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Madagascar (0%), Mauritius (0%), and Rwanda (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Singapore, $1.18B

Top Destination (2018): United States, $2.08B

Therapeutic respiration apparatus are the world's 431st most traded product.

In 2018, the top exporters of Therapeutic respiration apparatus were Singapore ($1.18B), United States ($909M), China ($905M), Australia ($745M), and Germany ($686M).

In 2018, the top importers of Therapeutic respiration apparatus were United States ($2.08B), Netherlands ($671M), Germany ($491M), France ($412M), and Japan ($371M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $212M

Top Destination Growth (2017 - 2018): Netherlands, $180M

Between 2017 and 2018, the exports of Therapeutic respiration apparatus grew the fastest in Netherlands ($212M), Singapore ($157M), Germany ($89.1M), Czechia ($68.3M), and United Kingdom ($59.4M).

Between 2017 and 2018, the fastest growing importers of Therapeutic respiration apparatus were Netherlands ($180M), Hong Kong ($52.5M), Brazil ($47.3M), Canada ($45.6M), and Germany ($37.1M).

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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 Therapeutic respiration apparatus.

In 2018,  market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Therapeutic respiration apparatus are explained by 16 countries.

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TOP NET EXPORTER (2018): Singapore, $988M

TOP NET IMPORTER (2018): United States, $1.17B

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

In 2018, the countries that had a largest trade value in exports than in imports of Therapeutic respiration apparatus were Singapore ($988M), China ($612M), Australia ($583M), New Zealand ($310M), and Mexico ($265M).

In 2018, the countries that had a largest trade value in imports than in exports of Therapeutic respiration apparatus were United States ($1.17B), Japan ($345M), France ($277M), Netherlands ($237M), and Spain ($131M).

Trade Forecasts

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This section shows forecasts for total trade for Therapeutic respiration apparatus. 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 Therapeutic respiration apparatus was 3.02%.  The countries with the highest tariffs for importing Therapeutic respiration apparatus were Bermuda (25%), Venezuela (13.4%), Brazil (13.4%), and Aruba (12%).

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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.