HS Icon Vegetable Parchment

4806 (Harmonized System 1992 for 4-digit)

World Trade (2018): $2.2B, Rnk 714 / 1225

Top Exporter (2018): $433M, Finland

Top Importer (2018): $311M, Germany

Product Complexity (2018): 1.63, Rnk 31 / 1018

Export Growth (CAGR)(2017 - 2018): 18.6%, Rnk 368 / 1225

Mean Tariff (2018): 4.74%, Rnk 871 / 1259

Share of World Trade (2018): 0.012%, Rnk 714 / 1225

Overview:  This page contains the latest trade data of Vegetable Parchment. In 2018, Vegetable Parchment were the world's 714th most traded product, with a total trade of $2.2B. Between 2017 and 2018 the exports of Vegetable Parchment grew by 18.6%, from  $1.86B to $2.2B. Trade in Vegetable Parchment represent 0.012% of total world trade.

Exports: In 2018 the top exporters of Vegetable Parchment  were Finland ($433M), France ($322M), Italy ($261M), Germany ($188M), and China ($141M).

Imports: In 2018 the top importers of Vegetable Parchment were Germany ($311M), United States ($212M), Belgium-Luxembourg ($150M), Poland ($138M), and France ($133M).

Tariffs: In 2018 the average tariff for Vegetable Parchment was 4.74%, been the 871 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Vegetable Parchment are Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Samoa (20%), and Pakistan (19.5%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Japan (0%).

Ranking: Vegetable Parchment ranks 31st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Finland, $433M

Top Destination (2018): Germany, $311M

Vegetable Parchment are the world's 714th most traded product.

In 2018, the top exporters of Vegetable Parchment were Finland ($433M), France ($322M), Italy ($261M), Germany ($188M), and China ($141M).

In 2018, the top importers of Vegetable Parchment were Germany ($311M), United States ($212M), Belgium-Luxembourg ($150M), Poland ($138M), and France ($133M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): France, $62.6M

Top Destination Growth (2017 - 2018): Canada, $53.2M

Between 2017 and 2018, the exports of Vegetable Parchment grew the fastest in France ($62.6M), Germany ($58.6M), Italy ($32.4M), Finland ($31.5M), and Chinese Taipei ($22.6M).

Between 2017 and 2018, the fastest growing importers of Vegetable Parchment were Canada ($53.2M), Germany ($49.1M), Poland ($33M), United States ($27.9M), and Italy ($21.9M).

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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 Vegetable Parchment.

In 2018,  market concentration measured using Shannon Entropy, was 3.94. This means that most of the exports of Vegetable Parchment are explained by 15 countries.

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TOP NET EXPORTER (2018): Finland, $429M

TOP NET IMPORTER (2018): United States, $146M

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

In 2018, the countries that had a largest trade value in exports than in imports of Vegetable Parchment were Finland ($429M), France ($188M), Italy ($142M), Hungary ($112M), and Chinese Taipei ($77.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Vegetable Parchment were United States ($146M), Belgium-Luxembourg ($124M), Germany ($123M), Poland ($115M), and Spain ($108M).

Trade Forecasts

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This section shows forecasts for total trade for Vegetable Parchment. 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 Vegetable Parchment was 4.74%.  The countries with the highest tariffs for importing Vegetable Parchment were Bahamas (40.2%), Bermuda (25%), Sudan (21.9%), Samoa (20%), and Pakistan (19.5%).

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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.