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681520 (Harmonized System 1992 for 6-digit)

2022
World Trade $70.3MRnk 4257 / 4648
2022
Top Exporter | Top Importer $9.95M | $17.6MCanada | United States
2022
Product Complexity 0.51Rnk 1621 / 4653
2021 - 2022
Export Growth (CAGR) 32.5%Rnk 366 / 4648
2022
Share of World Trade 0.0003%Rnk 4257 / 4648

About

Overview This page contains the latest trade data of Articles of peat. In 2022, Articles of peat were the world's 4257th most traded product, with a total trade of $70.3M. Between 2021 and 2022 the exports of Articles of peat grew by 32.5%, from $53M to $70.3M. Trade in Articles of peat represent 0.0003% of total world trade.

Articles of peat are a part of Other Stone Articles.

Exports In 2022 the top exporters of Articles of peat  were Canada ($9.95M), Netherlands ($9.8M), United Kingdom ($7.89M), Denmark ($6.08M), and New Zealand ($5.66M).

Imports In 2022 the top importers of Articles of peat were United States ($17.6M), Canada ($8.79M), Netherlands ($6.58M), Germany ($5.77M), and Denmark ($2.76M).

Ranking Articles of peat ranks 1621st in the Product Complexity Index (PCI).

Description Peat is often used to lighten and aerate soil in gardens. It is sometimes used in horticultural mixes for potted plants and in seed starting mixes.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Articles of peat. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Canada$9.95M
Top Destination (2022)United States$17.6M

In 2022 Articles of peat were the world's 4257th most traded product (out of 4,648).

In 2022, the top exporters of Articles of peat were Canada ($9.95M), Netherlands ($9.8M), United Kingdom ($7.89M), Denmark ($6.08M), and New Zealand ($5.66M).

In 2022, the top importers of Articles of peat were United States ($17.6M), Canada ($8.79M), Netherlands ($6.58M), Germany ($5.77M), and Denmark ($2.76M).

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Exporters of Articles of peat (2022)
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Importers of Articles of peat (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$7.45M
Top Destination Growth (2021 -  2022)United States$7.36M

Between 2021 and 2022, the exports of Articles of peat grew the fastest in United Kingdom ($7.45M), New Zealand ($5.66M), Canada ($3.51M), United States ($1.42M), and Latvia ($775k).

Between 2021 and 2022, the fastest growing importers of Articles of peat were United States ($7.36M), Netherlands ($5.01M), Canada ($4.89M), Mexico ($1.73M), and China ($665k).

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Exporters of Articles of peat (2021 - 2022)

Importers of Articles of peat (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Articles of peat.

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Articles of peat are explained by 16 countries.

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Value of Exports in Articles of peat

Net Trade

TOP NET EXPORTER (2022)United Kingdom$5.52M
TOP NET IMPORTER (2022)United States$12.5M

This map shows which countries export or import more of Articles of peat. Each country is colored based on the difference in exports and imports of Articles of peat during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Articles of peat were United Kingdom ($5.52M), New Zealand ($5.09M), Norway ($4.92M), Denmark ($3.31M), and Netherlands ($3.21M).

In 2022, the countries that had a largest trade value in imports than in exports of Articles of peat were United States ($12.5M), Germany ($4.6M), Mexico ($1.81M), Poland ($1.27M), and India ($1.12M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Articles of peat.
It is possible to select the main countries that export or import Articles of peat in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Articles of peat by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

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