HS Icon Homogenized or reconstituted tobacco

240391 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Homogenized or reconstituted tobacco. In 2020, Homogenized or reconstituted tobacco were the world's 2761st most traded product, with a total trade of $456M. Between 2019 and 2020 the exports of Homogenized or reconstituted tobacco decreased by -11.6%, from $516M to $456M. Trade in Homogenized or reconstituted tobacco represent 0.0027% of total world trade.

Homogenized or reconstituted tobacco are a part of Processed Tobacco.

Exports In 2020 the top exporters of Homogenized or reconstituted tobacco  were France ($123M), United States ($61.6M), Netherlands ($44.1M), Malaysia ($36.9M), and Dominican Republic ($27.2M).

Imports In 2020 the top importers of Homogenized or reconstituted tobacco were South Korea ($39.3M), Russia ($38.8M), United States ($35.8M), Japan ($31.2M), and Belgium ($29.8M).

Tariffs In 2018 the average tariff for Homogenized or reconstituted tobacco was 46.1%, making it the 33rd lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Homogenized or reconstituted tobacco are Cook Islands (11.7k%), Bermuda (9.14k%), Nauru (5.42k%), Solomon Islands (3.41k%), and Aruba (2.78k%). The countries with the lowest tariffs are Egypt (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).

Ranking Homogenized or reconstituted tobacco ranks 3740th in the Product Complexity Index (PCI).

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Homogenized or reconstituted tobacco. 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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): France, $123M

Top Destination (2020): South Korea, $39.3M

Homogenized or reconstituted tobacco are the world's 2761st most traded product.

In 2020, the top exporters of Homogenized or reconstituted tobacco were France ($123M), United States ($61.6M), Netherlands ($44.1M), Malaysia ($36.9M), and Dominican Republic ($27.2M).

In 2020, the top importers of Homogenized or reconstituted tobacco were South Korea ($39.3M), Russia ($38.8M), United States ($35.8M), Japan ($31.2M), and Belgium ($29.8M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Malaysia, $6M

Top Destination Growth (2019 - 2020): South Korea, $9.76M

Between 2019 and 2020, the exports of Homogenized or reconstituted tobacco grew the fastest in Malaysia ($6M), Pakistan ($5.33M), France ($4.58M), Japan ($4.32M), and Zimbabwe ($4.22M).

Between 2019 and 2020, the fastest growing importers of Homogenized or reconstituted tobacco were South Korea ($9.76M), Turkey ($7.22M), Netherlands ($6.58M), Japan ($6.35M), and Yemen ($5.6M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Homogenized or reconstituted tobacco.

In 2020,  market concentration measured using Shannon Entropy, was 3.73. This means that most of the exports of Homogenized or reconstituted tobacco are explained by 13 countries.

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TOP NET EXPORTER (2020): France, $122M

TOP NET IMPORTER (2020): South Korea, $29.5M

This map shows which countries export or import more of Homogenized or reconstituted tobacco. Each country is colored based on the difference in exports and imports of Homogenized or reconstituted tobacco during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Homogenized or reconstituted tobacco were France ($122M), Malaysia ($31.4M), Netherlands ($27.8M), United States ($25.8M), and Pakistan ($13.7M).

In 2020, the countries that had a largest trade value in imports than in exports of Homogenized or reconstituted tobacco were South Korea ($29.5M), Japan ($26.3M), Turkey ($21.6M), Belgium ($17.4M), and China ($15.4M).

Disaggregation

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Value

In 2019, the world most traded Homogenized or reconstituted tobacco, disaggragated by their HS6 level were Homogenized or reconstituted tobacco ($456M)

Country Comparison

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Flow
Measure
Ranking

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

Import Tariffs

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In 2018, the average tariff for importing Homogenized or reconstituted tobacco was 46.1%. The countries with the highest tariffs for importing Homogenized or reconstituted tobacco were Cook Islands (11.7k%), Bermuda (9.14k%), Nauru (5.42k%), Solomon Islands (3.41k%), and Aruba (2.78k%).

Product Complexity

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Diversification Frontier

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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.