Overview This page contains the latest trade data of Foodstuffs. In 2020, Foodstuffs were the world's 10th most traded product, with a total trade of $620B. Between 2019 and 2020 the exports of Foodstuffs grew by 0.25%, from $618B to $620B. Trade in Foodstuffs represent 3.7% of total world trade.
Foodstuffs include Wine, Other Edible Preparations, Raw Sugar, Hard Liquor, Baked Goods, Rolled Tobacco, Soybean Meal, Animal Food, Chocolate, and Malt Extract, among others.
Exports In 2020 the top exporters of Foodstuffs were United States ($44.7B), Germany ($44B), Netherlands ($38.7B), France ($36.5B), and Italy ($32.3B).
Imports In 2020 the top importers of Foodstuffs were United States ($74.4B), Germany ($40B), United Kingdom ($33.6B), France ($27.3B), and Netherlands ($26.8B).
Tariffs In 2018 the average tariff for Foodstuffs was 1.65k%, making it the 1st lowest tariff using the Section product classification.
The countries with the highest import tariffs for Foodstuffs are Cook Islands (1.54M%), Fiji (1.07M%), Nauru (699k%), Solomon Islands (612k%), and Cayman Islands (505k%). The countries with the lowest tariffs are Hong Kong (0%), Singapore (0%), Switzerland (0%), Norway (0.36%), and Australia (1.42%).
Ranking Foodstuffs ranks 16th in the Product Complexity Index (PCI).