HS Icon Cut flowers and flower buds for bouquets, dried, etc.

060390 (Harmonized System 1992 for 6-digit)

World Trade (2018): $486M, Rnk 2821 / 4726

Top Exporter (2018): $234M, Netherlands

Top Importer (2018): $79.3M, France

Product Complexity (2018): -1.4, Rnk 4388 / 4873

Export Growth (CAGR)(2017 - 2018): -3.71%, Rnk 4085 / 4726

Mean Tariff (2018): 22%, Rnk 482 / 6538

Share of World Trade (2018): 0.0026%, Rnk 2821 / 4726

Overview:  This page contains the latest trade data of Cut flowers and flower buds for bouquets, dried, etc.. In 2018, Cut flowers and flower buds for bouquets, dried, etc. were the world's 2821st most traded product, with a total trade of $486M. Between 2017 and 2018 the exports of Cut flowers and flower buds for bouquets, dried, etc. decreased by -3.71%, from  $504M to $486M. Trade in Cut flowers and flower buds for bouquets, dried, etc. represent 0.0026% of total world trade.

Exports: In 2018 the top exporters of Cut flowers and flower buds for bouquets, dried, etc.  were Netherlands ($234M), Israel ($37.2M), Ecuador ($22.3M), Spain ($21M), and Colombia ($14.8M).

Imports: In 2018 the top importers of Cut flowers and flower buds for bouquets, dried, etc. were France ($79.3M), Netherlands ($57.6M), Belgium-Luxembourg ($42.5M), Denmark ($36.4M), and United Kingdom ($35.4M).

Tariffs: In 2018 the average tariff for Cut flowers and flower buds for bouquets, dried, etc. was 22%, been the 482 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Cut flowers and flower buds for bouquets, dried, etc. are Iran (100%), Cyprus (80%), Syria (73.5%), Lebanon (62.5%), and India (56.6%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking: Cut flowers and flower buds for bouquets, dried, etc. ranks 4388th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Netherlands, $234M

Top Destination (2018): France, $79.3M

Cut flowers and flower buds for bouquets, dried, etc. are the world's 2821st most traded product.

In 2018, the top exporters of Cut flowers and flower buds for bouquets, dried, etc. were Netherlands ($234M), Israel ($37.2M), Ecuador ($22.3M), Spain ($21M), and Colombia ($14.8M).

In 2018, the top importers of Cut flowers and flower buds for bouquets, dried, etc. were France ($79.3M), Netherlands ($57.6M), Belgium-Luxembourg ($42.5M), Denmark ($36.4M), and United Kingdom ($35.4M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $12.4M

Top Destination Growth (2017 - 2018): France, $21M

Between 2017 and 2018, the exports of Cut flowers and flower buds for bouquets, dried, etc. grew the fastest in Netherlands ($12.4M), Cote d'Ivoire ($6.23M), Costa Rica ($4.89M), Ecuador ($4.56M), and United Kingdom ($4.27M).

Between 2017 and 2018, the fastest growing importers of Cut flowers and flower buds for bouquets, dried, etc. were France ($21M), United States ($15.3M), Denmark ($11.9M), Germany ($5.03M), and Poland ($2.61M).

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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 Cut flowers and flower buds for bouquets, dried, etc..

In 2018,  market concentration measured using Shannon Entropy, was 3.42. This means that most of the exports of Cut flowers and flower buds for bouquets, dried, etc. are explained by 10 countries.

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TOP NET EXPORTER (2018): Netherlands, $176M

TOP NET IMPORTER (2018): France, $69.8M

This map shows which countries export or import more of Cut flowers and flower buds for bouquets, dried, etc.. Each country is colored based on the difference in exports and imports of Cut flowers and flower buds for bouquets, dried, etc. during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Cut flowers and flower buds for bouquets, dried, etc. were Netherlands ($176M), Israel ($36.7M), Ecuador ($22.3M), Colombia ($14.7M), and Nigeria ($7.71M).

In 2018, the countries that had a largest trade value in imports than in exports of Cut flowers and flower buds for bouquets, dried, etc. were France ($69.8M), Denmark ($33.9M), United States ($32.4M), Belgium-Luxembourg ($30.7M), and United Kingdom ($23.8M).

Trade Forecasts

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This section shows forecasts for total trade for Cut flowers and flower buds for bouquets, dried, etc.. 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 Cut flowers and flower buds for bouquets, dried, etc. was 22%.  The countries with the highest tariffs for importing Cut flowers and flower buds for bouquets, dried, etc. were Iran (100%), Cyprus (80%), Syria (73.5%), Lebanon (62.5%), and India (56.6%).

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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.