HS Icon Fresh cheese, unfermented whey cheese, curd

040610 (Harmonized System 1992 for 6-digit)

World Trade (2018): $7.25B, Rnk 447 / 4726

Top Exporter (2018): $1.62B, Germany

Top Importer (2018): $858M, Italy

Product Complexity (2018): -0.38, Rnk 3232 / 4873

Export Growth (CAGR)(2017 - 2018): 12.7%, Rnk 2248 / 4726

Mean Tariff (2018): 29.4%, Rnk 128 / 6538

Share of World Trade (2018): 0.039%, Rnk 447 / 4726

Overview:  This page contains the latest trade data of Fresh cheese, unfermented whey cheese, curd. In 2018, Fresh cheese, unfermented whey cheese, curd were the world's 447th most traded product, with a total trade of $7.25B. Between 2017 and 2018 the exports of Fresh cheese, unfermented whey cheese, curd grew by 12.7%, from  $6.43B to $7.25B. Trade in Fresh cheese, unfermented whey cheese, curd represent 0.039% of total world trade.

Exports: In 2018 the top exporters of Fresh cheese, unfermented whey cheese, curd  were Germany ($1.62B), Italy ($972M), Denmark ($625M), France ($601M), and United States ($437M).

Imports: In 2018 the top importers of Fresh cheese, unfermented whey cheese, curd were Italy ($858M), United Kingdom ($613M), Germany ($595M), France ($528M), and Japan ($412M).

Tariffs: In 2018 the average tariff for Fresh cheese, unfermented whey cheese, curd was 29.4%, been the 128 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fresh cheese, unfermented whey cheese, curd are Canada (175%), Iceland (139%), Turkey (139%), Israel (85.3%), and Cyprus (72.1%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Fresh cheese, unfermented whey cheese, curd ranks 3232nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $1.62B

Top Destination (2018): Italy, $858M

Fresh cheese, unfermented whey cheese, curd are the world's 447th most traded product.

In 2018, the top exporters of Fresh cheese, unfermented whey cheese, curd were Germany ($1.62B), Italy ($972M), Denmark ($625M), France ($601M), and United States ($437M).

In 2018, the top importers of Fresh cheese, unfermented whey cheese, curd were Italy ($858M), United Kingdom ($613M), Germany ($595M), France ($528M), and Japan ($412M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Germany, $234M

Top Destination Growth (2017 - 2018): Italy, $88.7M

Between 2017 and 2018, the exports of Fresh cheese, unfermented whey cheese, curd grew the fastest in Germany ($234M), Italy ($194M), United Kingdom ($59.1M), Saudi Arabia ($53.4M), and France ($49.6M).

Between 2017 and 2018, the fastest growing importers of Fresh cheese, unfermented whey cheese, curd were Italy ($88.7M), France ($75.9M), Germany ($72.5M), United Kingdom ($70M), and Netherlands ($65.2M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Fresh cheese, unfermented whey cheese, curd.

In 2018,  market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Fresh cheese, unfermented whey cheese, curd are explained by 17 countries.

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TOP NET EXPORTER (2018): Germany, $1.02B

TOP NET IMPORTER (2018): Japan, $410M

This map shows which countries export or import more of Fresh cheese, unfermented whey cheese, curd. Each country is colored based on the difference in exports and imports of Fresh cheese, unfermented whey cheese, curd during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Fresh cheese, unfermented whey cheese, curd were Germany ($1.02B), Denmark ($543M), United States ($365M), Australia ($293M), and New Zealand ($244M).

In 2018, the countries that had a largest trade value in imports than in exports of Fresh cheese, unfermented whey cheese, curd were Japan ($410M), United Kingdom ($378M), South Korea ($312M), Netherlands ($234M), and China ($207M).

Trade Forecasts

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This section shows forecasts for total trade for Fresh cheese, unfermented whey cheese, curd. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Fresh cheese, unfermented whey cheese, curd was 29.4%.  The countries with the highest tariffs for importing Fresh cheese, unfermented whey cheese, curd were Canada (175%), Iceland (139%), Turkey (139%), Israel (85.3%), and Cyprus (72.1%).

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Product Complexity

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Diversification Frontier

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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.