HS Icon Eggs

0407 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.36B, Rnk 546 / 1225

Top Exporter (2018): $836M, Netherlands

Top Importer (2018): $729M, Germany

Product Complexity (2018): -0.56, Rnk 717 / 1018

Export Growth (CAGR)(2017 - 2018): 12.1%, Rnk 665 / 1225

Mean Tariff (2018): 14.4%, Rnk 223 / 1259

Share of World Trade (2018): 0.024%, Rnk 546 / 1225

Overview: In 2018, Eggs were the world's 546th most traded product, with a total trade of $4.36B. Between 2017 and 2018 the exports of Eggs grew by 12.1%, from  $3.89B to $4.36B. Trade in Eggs represent 0.024% of total world trade.

Exports: In 2018 the top exporters of Eggs  were Netherlands ($836M), United States ($456M), Turkey ($431M), Germany ($312M), and Poland ($282M).

Imports: In 2018 the top importers of Eggs were Germany ($729M), Iraq ($396M), Netherlands ($346M), Russia ($249M), and Hong Kong ($244M).

Tariffs: In 2018 the average tariff for Eggs was 14.4%, been the 223 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Eggs are Norway (196%), Iceland (187%), Canada (84.9%), Barbados (71%), and Vietnam (38%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Eggs ranks 717th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Netherlands, $836M

Top Destination (2018): Germany, $729M

Eggs are the world's 546th most traded product.

In 2018, the top exporters of Eggs were Netherlands ($836M), United States ($456M), Turkey ($431M), Germany ($312M), and Poland ($282M).

In 2018, the top importers of Eggs were Germany ($729M), Iraq ($396M), Netherlands ($346M), Russia ($249M), and Hong Kong ($244M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $82.8M

Top Destination Growth (2017 - 2018): Saudi Arabia, $56.6M

Between 2017 and 2018, the exports of Eggs grew the fastest in Netherlands ($82.8M), United States ($53M), Turkey ($52.1M), Malaysia ($33.5M), and Ukraine ($26M).

Between 2017 and 2018, the fastest growing importers of Eggs were Saudi Arabia ($56.6M), Hong Kong ($52.2M), Germany ($47.3M), Russia ($39.5M), and Iran ($23.5M).

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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 Eggs.

In 2018,  market concentration measured using Shannon Entropy, was 4.49. This means that most of the exports of Eggs are explained by 22 countries.

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TOP NET EXPORTER (2018): Netherlands, $489M

TOP NET IMPORTER (2018): Germany, $417M

This map shows which countries export or import more of Eggs. Each country is colored based on the difference in exports and imports of Eggs during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Eggs were Netherlands ($489M), United States ($398M), Turkey ($391M), Poland ($249M), and China ($162M).

In 2018, the countries that had a largest trade value in imports than in exports of Eggs were Germany ($417M), Iraq ($395M), Hong Kong ($239M), Russia ($215M), and Mexico ($167M).

Trade Forecasts

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This section shows forecasts for total trade for Eggs. 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 Eggs was 14.4%.  The countries with the highest tariffs for importing Eggs were Norway (196%), Iceland (187%), Canada (84.9%), Barbados (71%), and Vietnam (38%).

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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.