HS Icon Trees, edible fruit or nut, shrubs and bushes

060220 (Harmonized System 1992 for 6-digit)

World Trade (2018): $816M, Rnk 2286 / 4726

Top Exporter (2018): $167M, Italy

Top Importer (2018): $66.5M, France

Product Complexity (2018): -0.41, Rnk 3281 / 4873

Export Growth (CAGR)(2017 - 2018): 35.2%, Rnk 615 / 4726

Mean Tariff (2018): 6.9%, Rnk 3234 / 6538

Share of World Trade (2018): 0.0044%, Rnk 2286 / 4726

Overview:  This page contains the latest trade data of Trees, edible fruit or nut, shrubs and bushes. In 2018, Trees, edible fruit or nut, shrubs and bushes were the world's 2286th most traded product, with a total trade of $816M. Between 2017 and 2018 the exports of Trees, edible fruit or nut, shrubs and bushes grew by 35.2%, from  $604M to $816M. Trade in Trees, edible fruit or nut, shrubs and bushes represent 0.0044% of total world trade.

Exports: In 2018 the top exporters of Trees, edible fruit or nut, shrubs and bushes  were Italy ($167M), Netherlands ($143M), United States ($96.7M), Spain ($80.5M), and France ($43.2M).

Imports: In 2018 the top importers of Trees, edible fruit or nut, shrubs and bushes were France ($66.5M), Germany ($57.3M), Mexico ($52.1M), Morocco ($49.5M), and Russia ($44.6M).

Tariffs: In 2018 the average tariff for Trees, edible fruit or nut, shrubs and bushes was 6.9%, been the 3234 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Trees, edible fruit or nut, shrubs and bushes are Cyprus (42.5%), Tunisia (36%), Uzbekistan (28.7%), Iceland (26%), and Maldives (24.5%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).

Ranking: Trees, edible fruit or nut, shrubs and bushes ranks 3281st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $167M

Top Destination (2018): France, $66.5M

Trees, edible fruit or nut, shrubs and bushes are the world's 2286th most traded product.

In 2018, the top exporters of Trees, edible fruit or nut, shrubs and bushes were Italy ($167M), Netherlands ($143M), United States ($96.7M), Spain ($80.5M), and France ($43.2M).

In 2018, the top importers of Trees, edible fruit or nut, shrubs and bushes were France ($66.5M), Germany ($57.3M), Mexico ($52.1M), Morocco ($49.5M), and Russia ($44.6M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $49.9M

Top Destination Growth (2017 - 2018): Morocco, $29.8M

Between 2017 and 2018, the exports of Trees, edible fruit or nut, shrubs and bushes grew the fastest in Netherlands ($49.9M), Italy ($48M), Spain ($21.3M), United States ($13.4M), and Belgium-Luxembourg ($12.5M).

Between 2017 and 2018, the fastest growing importers of Trees, edible fruit or nut, shrubs and bushes were Morocco ($29.8M), France ($21.9M), Germany ($21.5M), Italy ($13.2M), and Poland ($11.9M).

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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 Trees, edible fruit or nut, shrubs and bushes.

In 2018,  market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Trees, edible fruit or nut, shrubs and bushes are explained by 16 countries.

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TOP NET EXPORTER (2018): Italy, $129M

TOP NET IMPORTER (2018): Mexico, $50.4M

This map shows which countries export or import more of Trees, edible fruit or nut, shrubs and bushes. Each country is colored based on the difference in exports and imports of Trees, edible fruit or nut, shrubs and bushes during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Trees, edible fruit or nut, shrubs and bushes were Italy ($129M), Netherlands ($114M), United States ($84.9M), Spain ($42.6M), and Turkey ($29.9M).

In 2018, the countries that had a largest trade value in imports than in exports of Trees, edible fruit or nut, shrubs and bushes were Mexico ($50.4M), Russia ($44.1M), Morocco ($38.2M), Germany ($31.6M), and Peru ($31.2M).

Trade Forecasts

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This section shows forecasts for total trade for Trees, edible fruit or nut, shrubs and bushes. 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 Trees, edible fruit or nut, shrubs and bushes was 6.9%.  The countries with the highest tariffs for importing Trees, edible fruit or nut, shrubs and bushes were Cyprus (42.5%), Tunisia (36%), Uzbekistan (28.7%), Iceland (26%), and Maldives (24.5%).

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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.