Trade Analytics – HS Code: 853529

Automatic Circuit Breakers for a Voltage > = 72,5 kV

Group 11 Disha Garg (68) Shashank Thakur (97)
Section B Priyanshi Bisen (84) Yash Kejriwal (110)
 Index
Serial number Particulars Slide number
1 HS Code identification at 6-digit level 3
2 Trade profile 3
3 Bubble graph 4
4 Shift Share Analysis 5
5 G-L Index (China) 6
6 G-L Index (Australia) 7
7 G-L Index (Saudi Arabia) 8
8 RCA-RCDA- Revealed Comparative Advantage/ Disadvantage 9
9 EII- Export Intensity index 10
10 ROI- Regional Orientation Index 11
11 RTB- Revealed Trade Barrier Index 12
12 TCI- Trade Complementarity Index 13
13 ESI- Export Specialization Index 14
14 EM-IM- Extensive and Intensive Margin 15
15 Unit Price & Market Share Analysis (China) 16
16 Unit Price & Market Share Analysis (Australia) 17
17 Unit Price & Market Share Analysis (Saudi Arabia) 18
18 Constant Market Share Analysis 19
 HS 853529 – A Bird’s-Eye View
• Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits (for example,
switches, fuses, lighting arresters, voltage limiters, surge suppressors, plugs, junction boxes), for a voltage exceeding 72.5 kV
• Exports of 937,776 USD thousand value in the year 2019
• Indian Exports of 51,875 USD thousand value in 2019
HS853529 - Growth In Demand
Growth in demand for a product exported in 2019
 Shift Share Analysis
WORLD’S IMPORTS OF HS853529 INDIA’S EXPORTS OF HS-853529 TARGET COUNTRIES
Importers Pi Importers Pi
Saudi Arabia 18.26901878 Vietnam 21.81076126
Nigeria 15.34088032 Indonesia 18.88536008 CHINA
China 14.01677144
Bangladesh 15.20577881
Bahrain 6.312453886
Côte d'Ivoire 14.89886879
Canada 5.475306392
Sierra Leone 4.245560883
Ethiopia 5.273282709
Pakistan 4.331370051 Nepal 4.148303394
Kuwait 3.550530791 Malaysia 3.857110035 SAUDI
ARABIA
Saudi Arabia 2.898214621
United Arab Emirates 2.503080301
China 2.819243415
China, Australia and Saudi Arabia
Ethiopia 1.621735671
have shown high growth in imports
of the product; But, this growth has Zimbabwe 1.455306887
not been powered by Indian Cameroon 1.410603494 AUSTRALIA
Imports Australia 1.398455735
Ghana -0.10366357
SOURCE :
Intra-Industry Trade Index : Grubel-Lloyd Index (China)
Year GLU
2011 3.593417639
2015 3.824590482
2018 3.290040445

GLU – INDIA-CHINA Lesser Value indicates that there is higher Inter-

Industry Trade for this product (4 digit HS Code 85XX)

3.9
3.8
3.82
UNIT PRICE RATIO ANALYSIS
3.7 CHINA
3.59   2010 2011 2012 2013 2014 2015 2016 2017 2018
3.6
3.5 UVM from
China 22176 64882 26425 49512 29833 42333 47857 19138  
3.4
3.29 UVX to
3.3
China 19077 25000 54667 15000  18000 29000  16000   333
3.2 UPR 0.86 0.39 2.07 0.30 0.60 0.69 0.33 0.00 NA
3.1
IIT Type
3 (15%) HIIT LQVIIT HQVIIT LQVIIT LQVIIT LQVIIT LQVIIT LQVIIT NA
2011 2015
2018
IIT Type
Data available till 2018 (25%) HIIT LQVIIT HQVIIT LQVIIT LQVIIT LQVIIT LQVIIT LQVIIT NA
Intra-Industry Trade Index : Grubel-Lloyd Index (Australia)
Year GLU GLC
2011 25.766806 55.926826
2015 47.0144196 100%
2018 31.05772 100%

A lower value indicates that GLC cannot be used to

GLU – INDIA-AUSTRALIA there is more Inter-Industry determine the intra-industry
Trade for this product (4 digit trade because in both the cases
HS Code 85XX) exports are greater than
50 47.01 imports
45
40 UNIT PRICE RATIO ANALYSIS
35
31.06
30 AUSTRALIA
25.77
25   2016 2017 2018
20 UVM from Australia 24000 23000 0
15
Australia 7250 5227 17800
10
5 UPR 0.30 0.23 NA
0 IIT Type (15%) LQVIIT LQVIIT NA
2011 2015 2018

IIT Type (25%) LQVIIT LQVIIT NA

Data available till 2018
Intra-Industry Trade Index : Grubel-Lloyd Index (Saudi Arabia)
Year GLU
2011 1.80895019
2015 0.60519318
2018 0.621233

GLU : INDIA-SAUDI ARABIA

2
Extremely low value
1.81
1.8 indicates that there is a
1.6 substantially high amount
1.4 of Inter-Industry Trade for
1.2
this product (4 digit HS
1
Code 85XX)
0.8
0.61 0.62
0.6
0.4
0.2
0
2011 2015 2018

GLU Data available till 2018

 RCA and RCDA
RCA RCDA RCA>1 RCA<1
India China Saudi Australia India China Saudi Australia RCDA>1 Australia Saudi Arabia
Arabia Arabia
RCDA<1 India China
2011 0.74139 0.635512 0.128876 0.270925 2.02514 0.939949 17.68383 4.080573
RCA - India
2012 1.045098 0.578025 0.028376 0.342083 1.727429 0.388746 20.25684 1.634144
3
2013 0.733891 0.549846 0.066343 0.708981 1.50854 0.268304 21.61551 2.034432
2.5
2014 1.438382 0.51426 0.026362 1.754611 0.857964 0.192481 22.24606 2.011885
2

2015 1.386642 0.407233 0.024743 1.797637 0.511743 0.34889 10.81084 1.877241 1.5

2016 1.759128 0.725413 0.133937 1.629738 0.370668 0.225026 21.56937 1.008674 1

2017 2.252526 0.779379 0.156557 0.924672 0.29694 0.315264 26.85529 0.75678 0.5

2018 2.529775 0.736037 0.373833 0.142134 0.252607 0.70645 27.06962 1.148626 0

India has RCA > 1. Thus, India has
a comparative advantage and has
a competitive edge for exporting
the product (HS 853529) over other
chosen countries.
RCDA for Saudi Arabia and Australia
Saudi Arabia has RCA <1
shows a trend > 1. Hence, the import
and RCDA > 1; It is the most
orientation for the product (HS-853529) is
preferred target market for
high in these countries and hence, they
the product.
are potential markets for the product.
 Export Intensity Index (EII)
3.5 4.61
5 Year Average EII 10 Year EII 4.25
3

3.02
3.59
2.5
2.92 2.96
2.64
2 2.41 2.44
2.37

3.23
1.5

0.92
1
0.63

0.59
0.38

0.5

0
EII Average 5 yr china EII Average 5 yr AUS EII Average 5 yr SA EII C EII AUS EII SA
2010-14 2015-19

Values >1 indicate export flow between countries / regions Particulars

2010-14 2015-19
is larger than expected given their importance in world trade.
The implication is whether India’s exports to a country have a EII Average 5 yr china 0.627510798 0.376482516
greater presence in its export basket vis a vis the world’s
export inclination to that country. Saudi Arabia > 1 = Intensive EII Average 5 yr AUS 0.586862354 0.917873134
exports
EII Average 5 yr SA 3.225921402 3.017513628
 Regional Orientation Index (ROI)
It measures the importance of intra-regional exports relative 2010-14 2015-19
to extra-regional exports.
Takes a value between 0 and +∞.
A value greater than unity implies a regional bias in exports. 5 Year Average ROI

Particulars 2010-14 2015-19

ROI (5 year Average) China 0.1617 0.0127
ROI (5 year Average) SA 0.0599 0.0006

ROI (5 year Average) AUS 0.6668 0.2820

ROI (5 year Average) ROI (5 year Average) SA ROI (5 year Average) AUS
China

India has very low regional bias in general for all the 3 2.48

countries. But In 2012, ROI for Australia exceeded 1 which

10 Year ROI
indicates a bias.
Also, in the 5 year period, the ROI for all the countries has
reduced showcasing the diverse opportunities to export the 0.82
products to other markets. 0.66

0.07 0
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

ROI china ROI SA ROI AUS

 Revealed Trade Barriers (RTB)
RTB < 1 - India is exporting a commodity relatively more Particulars 2018 2019
to the rest of the world than it is to the partner, possibly
due to trade barriers therein. RTB china 0.06288 0.00142

0.12000 RTB AUS 0.10749 0.06370

2018 2019
0.10749

0.10000 RTB SA 0.00000 0.00004

0.08000

0.06288 0.06370
0.06000 1. SA has lowest RTB suggesting India is exporting
more to other countries but due the demand
0.04000
potential has opportunities to expand its exports.
0.02000
2. CHINA – exports have reduced heavily from 2018
0.00142
0.00000
0.00000 0.00004
to 2019 and hence RTB too.
RTB china RTB AUS RTB SA

3. AUS - IT has the highest RTB in both the periods

SAUDI ARABIA <= 0 due to its high comparative advantage and high
trade volumes with India.
 Trade Complementarity Index (TCI)
TCI - The index is zero when no goods are exported by TCI 2014 2015 2016 2017 2018
one country or imported by the other and 100% when the
export and import shares exactly match. China 37.7 36.4 35.8 33.7 31.7

70
AUS 58.2 51.5 53.4 54.2 57.5
60
SA 52.2 52.3 51.5 51.3 51.3
50

40

30 1.China has lowest TCI suggesting structures of

China and India in terms of exports and imports do
20
not match to a high extent.
10
2. SA – It has consistently been around 51% for last
0
2015 2016 2017 2018 four years indicating that half of India’s and SA’s
TCI China TCI AUS TCI SA exports and imports match.

CHINA close to 32% in 2018 3. AUS - It has the highest TCI in almost all the
periods that means it goes well with the Indian
trade.
 Export Specialization Index (ESI)
ESI - It provides product information on revealed
Country 2015 2016 2017 2018
specialization in the export sector of a country. More it is,
more is the competition between two countries. Australia 129.09 107.39 128.85 80.91

China 13.41 28.12 18.26 12.70

Saudi Arabia 114.46 9249.09 1245.12 282.56

United States
of America 583.72 13.40 38.21 73.13

1.China has lowest ESI suggesting that Indian and

Chinese goods are not competitors. It implies what
China wants to export is what India wants to import
and vice versa.

2. SA – It has an extremely high ESI. This implies

India and SA are strong competitors in terms of
HS853529.
SA > 100 % in 2018
3. AUS and USA - They also are competitors to the
Indian product.
 Extensive and Intensive Margin
2011-2014 2015-2018 80
70.24

Category Absolute Percentage Absolute Percentage 59.12

60
Change change 50.84 51.93
(US$ 000) (US$ 000)
40
Overall 13162 100.00 14817 100.00
Change 20
Intensive 6692 50.84 7695 51.93
margin
0
Intensive Margin Extensive Margin Market Death Margin
Extensive 7781 59.12 10407 70.24
margin -9.96
-20
Market -1311 -9.96 -3285 -22.17 -22.17
death
margin -40
2011-14 2015-18

 Ideally Intensive margin should be around 100. This product is not exported to many countries because during till 2013-14
Germany and Sweden were leaders in this segment and they were the highest exporter.

 For the later years we lost to low cost China in this segment which became to 2nd largest exporter of the product.

 High death margins also indicate that we have been losing markets in already existing ones.
 Unit Price And Market Share Analysis (China)
Unit Price – Market Share for 853529 in China comparison over 2009-13 and 2014-18
Change in Market Change in Unit CHANGE IN UNIT PRICE – MARKET 8SHARE
Exporters  Share Price
Japan

Difference in Relative Quality (Unit Price)

Japan 6.54 -34.54% Canada 6

Canada 5.26 -37.21% 4

Korea, Republic of -7.22 5.54%
2
France -3.08 -21.32%
Italy -2.28 20.57% 0
-40 -35 -30 -25 -20 -15 -10 -5 0 5 10
Sweden 4.06 -34.06%
France -2 Difference in Market Share (%)
United States of America -1.32 -64.18%
-4
Germany 5.84 -27.97%
-6
Switzerland -8.62 -24.88% Korea
India -2.9 -49.75% -8

  Rise in Unit Price Fall in Unit Price

Japan, Canada, • No countries undergoing qualitative improvement

Rise in Market Share - Sweden, Germany • Japan, Canada etc making product innovations
• Korea, Italy, show inefficiencies
Fall in Market Share Korea, Italy, Poland France, USA, • France, USA, Switzerland, India showing decline in
Switzerland,India
quality of products
 Unit Price And Market Share Analysis (Australia)
Unit Price – Market Share for 853529 in Australia comparison over 2009-13 and 2014-18
Change in Market Change in Unit CHANGE IN UNIT PRICE – MARKET SHARE
EXPORTERS  Share Price 18

6.38 -37% Mexico 16

China
Sweden -0.46 11% 14

-0.44 -11% 12
United States of America
Mexico 16.22 -28% 10

Germany -5.1 22% 8

United Kingdom -3.2 -17% China 6
0.02 -19% 4
India
Italy -0.7 -57% 2

Korea, Republic of -2.04 -15% 0

USA 0% 10% Sweden
20%
Japan 3.04 185% -2

  Rise in Unit Price Fall in Unit Price

China, Mexico, • Japan undergoing qualitative improvement

Rise in Market Share Japan
India • China, India are making product innovations
• Sweden, Germany exhibit inefficiencies
USA, UK, Italy, •
Fall in Market Share Sweden, Germany
Korea USA, UK, Korea are showing decline in quality of
products
Unit Price And Market Share Analysis (Saudi Arabia)
Unit Price – Market Share for 853529 in Saudi Arabia comparison over 2009-13 and 2014-18
Change in Market Change in Unit
Exporters  Share Price CHANGE IN UNIT PRICE – MARKET SHARE
14

Difference in Relative Quality (Unit Price)

Switzerland 11.92 -22%
Switzerland 12
Korea, Republic of 6.14 32%
10
France -1.8 -8%
8
Italy 1.08 13%
6 Korea
Germany -9.6 3%
United States of America -5.5 10% 4

Czech Republic 0.24 660% 2

Italy
Turkey 0.5 -28% 0
0% 10% 20% 30% 40%
Japan -2.66 8%
France
-2
India -1.36 11% Difference in Market Share (%)
-4

  Rise in Unit Price Fall in Unit Price

• Korea, Italy, Czech Republic are undergoing
Korea, Italy, Czech Switzerland, qualitative improvements
Rise in Market Share
Republic Turkey
• Switzerland, Turkey etc. are working towards product
Germany, USA, innovations
Fall in Market Share France
Japan, India • Germany, USA, India show inefficiencies
• France showing decline in the quality of products
 Constant Market Share Analysis
Absolute Percentage Calculated for the top world importers and
Change in Total Exports 14825 40.01
the target markets
World Growth Effect -717.55 -20.47
Market Composition Effect 24009.63 685.01 • World growth effect measures part of export
Residual Competitiveness Effect -19787.1 -564.54 growth for India expected in line with Global
export change
• Market Composition Effect displays
whether the market provides positive thrust on
Indian exports
• Residual competitiveness effect measures
685.01 difference between actual export change and
growth effect

-20.47
World Growth ef... Market compositon ef... Residual competitiveness...
Market Composition Effect is high showing
positive thrust on Indian exports in excess of
global growth.
-564.54 Decrease in Residual competitiveness effect
loss of competitiveness
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