HS Icon Cheese except fresh, grated, processed or blue-veined

040690 (Harmonized System 1992 for 6-digit)

World Trade (2018): $18.8B, Rnk 147 / 4726

Top Exporter (2018): $3.32B, Netherlands

Top Importer (2018): $3.3B, Germany

Product Complexity (2018): -0.18, Rnk 2910 / 4873

Export Growth (CAGR)(2017 - 2018): 4.04%, Rnk 3438 / 4726

Mean Tariff (2018): 28.2%, Rnk 149 / 6538

Share of World Trade (2018): 0.1%, Rnk 147 / 4726

Overview:  This page contains the latest trade data of Cheese except fresh, grated, processed or blue-veined. In 2018, Cheese except fresh, grated, processed or blue-veined were the world's 147th most traded product, with a total trade of $18.8B. Between 2017 and 2018 the exports of Cheese except fresh, grated, processed or blue-veined grew by 4.04%, from  $18.1B to $18.8B. Trade in Cheese except fresh, grated, processed or blue-veined represent 0.1% of total world trade.

Exports: In 2018 the top exporters of Cheese except fresh, grated, processed or blue-veined  were Netherlands ($3.32B), France ($2.43B), Germany ($2.32B), Italy ($1.72B), and Ireland ($888M).

Imports: In 2018 the top importers of Cheese except fresh, grated, processed or blue-veined were Germany ($3.3B), United Kingdom ($1.24B), Belgium-Luxembourg ($1.18B), United States ($1.15B), and Italy ($1.04B).

Tariffs: In 2018 the average tariff for Cheese except fresh, grated, processed or blue-veined was 28.2%, been the 149 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cheese except fresh, grated, processed or blue-veined are Norway (179%), Canada (176%), Iceland (155%), Turkey (135%), and Cyprus (82.4%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Cheese except fresh, grated, processed or blue-veined ranks 2910th in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Netherlands, $3.32B

Top Destination (2018): Germany, $3.3B

Cheese except fresh, grated, processed or blue-veined are the world's 147th most traded product.

In 2018, the top exporters of Cheese except fresh, grated, processed or blue-veined were Netherlands ($3.32B), France ($2.43B), Germany ($2.32B), Italy ($1.72B), and Ireland ($888M).

In 2018, the top importers of Cheese except fresh, grated, processed or blue-veined were Germany ($3.3B), United Kingdom ($1.24B), Belgium-Luxembourg ($1.18B), United States ($1.15B), and Italy ($1.04B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): France, $129M

Top Destination Growth (2017 - 2018): United Kingdom, $129M

Between 2017 and 2018, the exports of Cheese except fresh, grated, processed or blue-veined grew the fastest in France ($129M), Italy ($108M), Ireland ($100M), United Kingdom ($76.7M), and Belgium-Luxembourg ($73.8M).

Between 2017 and 2018, the fastest growing importers of Cheese except fresh, grated, processed or blue-veined were United Kingdom ($129M), Croatia ($67.2M), Japan ($66.6M), France ($62.7M), and United States ($49.3M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Cheese except fresh, grated, processed or blue-veined.

In 2018,  market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Cheese except fresh, grated, processed or blue-veined are explained by 18 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Netherlands, $2.49B

TOP NET IMPORTER (2018): Germany, $987M

This map shows which countries export or import more of Cheese except fresh, grated, processed or blue-veined. Each country is colored based on the difference in exports and imports of Cheese except fresh, grated, processed or blue-veined during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cheese except fresh, grated, processed or blue-veined were Netherlands ($2.49B), France ($1.48B), Ireland ($744M), New Zealand ($730M), and Italy ($677M).

In 2018, the countries that had a largest trade value in imports than in exports of Cheese except fresh, grated, processed or blue-veined were Germany ($987M), Japan ($750M), Russia ($718M), United Kingdom ($717M), and Belgium-Luxembourg ($652M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Cheese except fresh, grated, processed or blue-veined. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

Explore Forecasts

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Cheese except fresh, grated, processed or blue-veined was 28.2%.  The countries with the highest tariffs for importing Cheese except fresh, grated, processed or blue-veined were Norway (179%), Canada (176%), Iceland (155%), Turkey (135%), and Cyprus (82.4%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.