Palm hearts, otherwise prepared or preserved200891 (Harmonized System 1992 for 6-digit)
2020 World Trade: $101M, Rnk 4011 / 4613
2020 Top Exporter | Top Importer: $61.3M | $27M, Ecuador | France
2020 Product Complexity: -2.11, Rnk 4700 / 4783
2019 - 2020 Export Growth (CAGR): 2.06%, Rnk 985 / 4613
2018 Mean Tariff: 18.6%, Rnk 655 / 6538
2020 Share of World Trade: 0.00061%, Rnk 4011 / 4613
Overview This page contains the latest trade data of Palm hearts, otherwise prepared or preserved. In 2020, Palm hearts, otherwise prepared or preserved were the world's 4011th most traded product, with a total trade of $101M. Between 2019 and 2020 the exports of Palm hearts, otherwise prepared or preserved grew by 2.06%, from $99.4M to $101M. Trade in Palm hearts, otherwise prepared or preserved represent 0.00061% of total world trade.
Palm hearts, otherwise prepared or preserved are a part of Other Processed Fruits and Nuts.
Exports In 2020 the top exporters of Palm hearts, otherwise prepared or preserved were Ecuador ($61.3M), Bolivia ($10.2M), Peru ($8.74M), Costa Rica ($7.26M), and Spain ($1.99M).
Imports In 2020 the top importers of Palm hearts, otherwise prepared or preserved were France ($27M), United States ($25.1M), Chile ($16.5M), Argentina ($7.82M), and Spain ($3.94M).
Tariffs In 2018 the average tariff for Palm hearts, otherwise prepared or preserved was 18.6%, making it the 655th lowest tariff using the HS6 product classification.
Ranking Palm hearts, otherwise prepared or preserved ranks 4700th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Palm hearts, otherwise prepared or preserved. 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
Palm hearts, otherwise prepared or preserved are the world's 4011th most traded product.
In 2020, the top exporters of Palm hearts, otherwise prepared or preserved were Ecuador ($61.3M), Bolivia ($10.2M), Peru ($8.74M), Costa Rica ($7.26M), and Spain ($1.99M).
In 2020, the top importers of Palm hearts, otherwise prepared or preserved were France ($27M), United States ($25.1M), Chile ($16.5M), Argentina ($7.82M), and Spain ($3.94M).
Trade by country
Top Origin Growth (2019 - 2020): Ecuador, $6.22M
Top Destination Growth (2019 - 2020): United States, $6.85M
Between 2019 and 2020, the exports of Palm hearts, otherwise prepared or preserved grew the fastest in Ecuador ($6.22M), Bolivia ($1.93M), Belgium ($542k), Argentina ($244k), and Netherlands ($111k).
Between 2019 and 2020, the fastest growing importers of Palm hearts, otherwise prepared or preserved were United States ($6.85M), Argentina ($1.24M), Belgium ($928k), Australia ($201k), and Costa Rica ($163k).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Palm hearts, otherwise prepared or preserved.
In 2020, market concentration measured using Shannon Entropy, was 2.25. This means that most of the exports of Palm hearts, otherwise prepared or preserved are explained by 4 countries.
This map shows which countries export or import more of Palm hearts, otherwise prepared or preserved. Each country is colored based on the difference in exports and imports of Palm hearts, otherwise prepared or preserved during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Palm hearts, otherwise prepared or preserved were Ecuador ($61.3M), Bolivia ($10.2M), Peru ($8.74M), Costa Rica ($7.1M), and Guyana ($1.49M).
In 2020, the countries that had a largest trade value in imports than in exports of Palm hearts, otherwise prepared or preserved were France ($26.2M), United States ($23.7M), Chile ($16.5M), Argentina ($7.58M), and Canada ($3.68M).
This visualization shows the countries that have an important ratio of their trade related to Palm hearts, otherwise prepared or preserved. It is possible to select the main countries that export or import Palm hearts, otherwise prepared or preserved in the world, or by continent, as well as select the measure of interest.
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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