Ground Nuts1202 (Harmonized System 1992 for 4-digit)
2020 World Trade: $4.06B, Rnk 539 / 1217
2020 Top Exporter | Top Importer: $875M | $902M, China | Argentina
2020 Product Complexity: -2.05, Rnk 1009 / 1028
2019 - 2020 Export Growth (CAGR): 27.3%, Rnk 34 / 1217
2018 Mean Tariff: 11.3%, Rnk 348 / 1259
2020 Share of World Trade: 0.024%, Rnk 539 / 1217
Overview This page contains the latest trade data of Ground Nuts. In 2020, Ground Nuts were the world's 539th most traded product, with a total trade of $4.06B. Between 2019 and 2020 the exports of Ground Nuts grew by 27.3%, from $3.19B to $4.06B. Trade in Ground Nuts represent 0.024% of total world trade.
Ground Nuts are a part of Oil seeds and oleaginous fruits. They include Ground-nuts shelled, not roasted or cookedand Ground-nuts in shell not roasted or cooked.
Exports In 2020 the top exporters of Ground Nuts were Argentina ($875M), India ($747M), United States ($594M), Brazil ($320M), and Sudan ($305M).
Imports In 2020 the top importers of Ground Nuts were China ($902M), Netherlands ($459M), Indonesia ($302M), Vietnam ($183M), and United Kingdom ($178M).
Tariffs In 2018 the average tariff for Ground Nuts was 11.3%, making it the 348th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Ground Nuts are South Korea (218%), Taiwan (117%), Cyprus (95.7%), Japan (84.7%), and United States (70.7%). The countries with the lowest tariffs are Mauritius (0%), Armenia (0%), Hong Kong (0%), Kazakhstan (0%), and Kyrgyzstan (0%).
Ranking Ground Nuts ranks 1009th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Ground Nuts. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Ground Nuts are the world's 539th most traded product.
In 2020, the top exporters of Ground Nuts were Argentina ($875M), India ($747M), United States ($594M), Brazil ($320M), and Sudan ($305M).
In 2020, the top importers of Ground Nuts were China ($902M), Netherlands ($459M), Indonesia ($302M), Vietnam ($183M), and United Kingdom ($178M).
Trade by country
Between 2019 and 2020, the exports of Ground Nuts grew the fastest in Argentina ($423M), Sudan ($180M), India ($133M), United States ($98.5M), and Brazil ($85.1M).
Between 2019 and 2020, the fastest growing importers of Ground Nuts were China ($467M), Netherlands ($158M), United Kingdom ($63.1M), Germany ($35.1M), and Russia ($27M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Ground Nuts.
In 2020, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Ground Nuts are explained by 12 countries.
This map shows which countries export or import more of Ground Nuts. Each country is colored based on the difference in exports and imports of Ground Nuts during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Ground Nuts were Argentina ($875M), India ($745M), United States ($570M), Brazil ($315M), and Sudan ($305M).
In 2020, the countries that had a largest trade value in imports than in exports of Ground Nuts were China ($640M), Indonesia ($297M), Netherlands ($279M), Russia ($172M), and United Kingdom ($171M).
In 2019, the world most traded Ground Nuts, disaggragated by their HS6 level were Ground-nuts shelled, not roasted or cooked ($3.62B)and Ground-nuts in shell not roasted or... ($444M)
This visualization shows the countries that have an important ratio of their trade related to Ground Nuts. It is possible to select the main countries that export or import Ground Nuts in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Ground Nuts was 11.3%. The countries with the highest tariffs for importing Ground Nuts were South Korea (218%), Taiwan (117%), Cyprus (95.7%), Japan (84.7%), and United States (70.7%).
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.
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