HS Icon Locust beans, seaweed, sugar beet, cane, for food

Locust beans, seaweeds and other algae, sugar beet, sugar cane, fresh, chilled, frozen or dried, whether or not ground; fruit stones, kernels and other vegetable products (including unroasted chicory roots) used primarily for human consumption, n.e.c.

1212 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Locust beans, seaweed, sugar beet, cane, for food. In 2021, Locust beans, seaweed, sugar beet, cane, for food were the world's 827th most traded product, with a total trade of $1.56B. Between 2020 and 2021 the exports of Locust beans, seaweed, sugar beet, cane, for food grew by 18.7%, from $1.31B to $1.56B. Trade in Locust beans, seaweed, sugar beet, cane, for food represent 0.000074% of total world trade.

Locust beans, seaweed, sugar beet, cane, for food are a part of Oils seeds, oleaginous fruits, grains, straw & fodder. They include Other vegetable products (chicory roots, tuber of koyaku etc), Seaweeds and other algae, Locust beans and seeds, Sugar beet, Apricot, peach or plum stones, and Sugar cane.

Exports In 2021 the top exporters of Locust beans, seaweed, sugar beet, cane, for food  were China ($563M), Morocco ($210M), Spain ($68.8M), Germany ($66.1M), and Portugal ($65.3M).

Imports In 2021 the top importers of Locust beans, seaweed, sugar beet, cane, for food were Italy ($204M), Spain ($151M), United States ($113M), Germany ($108M), and China ($93M).

Tariffs In 2018 the average tariff for Locust beans, seaweed, sugar beet, cane, for food was 7.76%, making it the 560th lowest tariff using the HS4 product classification.

Ranking Locust beans, seaweed, sugar beet, cane, for food ranks 977th in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Locust beans, seaweed, sugar beet, cane, for food. 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 (2021): China, $563M

Top Destination (2021): Italy, $204M

Locust beans, seaweed, sugar beet, cane, for food are the world's 827th most traded product.

In 2021, the top exporters of Locust beans, seaweed, sugar beet, cane, for food were China ($563M), Morocco ($210M), Spain ($68.8M), Germany ($66.1M), and Portugal ($65.3M).

In 2021, the top importers of Locust beans, seaweed, sugar beet, cane, for food were Italy ($204M), Spain ($151M), United States ($113M), Germany ($108M), and China ($93M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Morocco, $103M

Top Destination Growth (2020 -  2021): Italy, $120M

Between 2020 and 2021, the exports of Locust beans, seaweed, sugar beet, cane, for food grew the fastest in Morocco ($103M), China ($76.5M), Portugal ($24M), Turkey ($16.9M), and Algeria ($11.2M).

Between 2020 and 2021, the fastest growing importers of Locust beans, seaweed, sugar beet, cane, for food were Italy ($120M), Spain ($29.1M), Netherlands ($23.1M), Germany ($19.6M), and Switzerland ($16.1M).

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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 Locust beans, seaweed, sugar beet, cane, for food.

In 2021, market concentration measured using Shannon Entropy, was 4.07. This means that most of the exports of Locust beans, seaweed, sugar beet, cane, for food are explained by 16 countries.

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TOP NET EXPORTER (2021): China, $470M

TOP NET IMPORTER (2021): Italy, $188M

This map shows which countries export or import more of Locust beans, seaweed, sugar beet, cane, for food. Each country is colored based on the difference in exports and imports of Locust beans, seaweed, sugar beet, cane, for food during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Locust beans, seaweed, sugar beet, cane, for food were China ($470M), Morocco ($197M), Portugal ($60M), South Africa ($54.5M), and Burma ($38.1M).

In 2021, the countries that had a largest trade value in imports than in exports of Locust beans, seaweed, sugar beet, cane, for food were Italy ($188M), United States ($104M), Spain ($82.6M), Netherlands ($57.5M), and Switzerland ($56.9M).

Disaggregation

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Value

In 2021, the world most traded Locust beans, seaweed, sugar beet, cane,..., disaggragated by their HS6 level were Other vegetable products (chicory roots, tuber... ($1.48B), Sugar beet ($72.4M), Locust beans and seeds ($1.85M), Seaweeds and other algae ($1.48M), and Sugar cane ($73.4k)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Locust beans, seaweed, sugar beet, cane, for food.
It is possible to select the main countries that export or import Locust beans, seaweed, sugar beet, cane, for food in the world, or by continent, as well as select the measure of interest.

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.

Country by Relatedness

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The following visualization shows the relatedness of Locust beans, seaweed, sugar beet, cane, for food to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.