Homogenized or reconstituted tobacco240391 (Harmonized System 1992 for 6-digit)
2020 World Trade: $456M, Rnk 2761 / 4613
2020 Top Exporter | Top Importer: $123M | $39.3M, South Korea | France
2020 Product Complexity: -0.84, Rnk 3740 / 4783
2019 - 2020 Export Growth (CAGR): -11.6%, Rnk 2723 / 4613
2018 Mean Tariff: 46.1%, Rnk 33 / 6538
2020 Share of World Trade: 0.0027%, Rnk 2761 / 4613
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).
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.
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).
Trade by country
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).
Cumulative market share
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.
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).
In 2019, the world most traded Homogenized or reconstituted tobacco, disaggragated by their HS6 level were Homogenized or reconstituted tobacco ($456M)
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.
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%).
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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