HS Icon Potatoes seed, fresh or chilled

070110 (Harmonized System 1992 for 6-digit)

World Trade (2018): $961M, Rnk 2086 / 4726

Top Exporter (2018): $506M, Netherlands

Top Importer (2018): $84.8M, Belgium-Luxembourg

Product Complexity (2018): -0.54, Rnk 3442 / 4873

Export Growth (CAGR)(2017 - 2018): 18.5%, Rnk 1522 / 4726

Mean Tariff (2018): 11.9%, Rnk 1777 / 6538

Share of World Trade (2018): 0.0052%, Rnk 2086 / 4726

Overview:  This page contains the latest trade data of Potatoes seed, fresh or chilled. In 2018, Potatoes seed, fresh or chilled were the world's 2086th most traded product, with a total trade of $961M. Between 2017 and 2018 the exports of Potatoes seed, fresh or chilled grew by 18.5%, from  $811M to $961M. Trade in Potatoes seed, fresh or chilled represent 0.0052% of total world trade.

Exports: In 2018 the top exporters of Potatoes seed, fresh or chilled  were Netherlands ($506M), France ($107M), United Kingdom ($65.3M), Germany ($50.7M), and Spain ($47.5M).

Imports: In 2018 the top importers of Potatoes seed, fresh or chilled were Belgium-Luxembourg ($84.8M), Egypt ($80.9M), Algeria ($80.5M), Germany ($61.7M), and Netherlands ($41.7M).

Tariffs: In 2018 the average tariff for Potatoes seed, fresh or chilled was 11.9%, been the 1777 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Potatoes seed, fresh or chilled are South Korea (277%), Thailand (122%), Iceland (120%), Israel (47.1%), and Hungary (44.2%). The countries with the lowest tariffs are Angola (0%), Madagascar (0%), Mozambique (0%), Mauritius (0%), and South Africa (0%).

Ranking: Potatoes seed, fresh or chilled ranks 3442nd in the Product Complexity Index (PCI).

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2018): Netherlands, $506M

Top Destination (2018): Belgium-Luxembourg, $84.8M

Potatoes seed, fresh or chilled are the world's 2086th most traded product.

In 2018, the top exporters of Potatoes seed, fresh or chilled were Netherlands ($506M), France ($107M), United Kingdom ($65.3M), Germany ($50.7M), and Spain ($47.5M).

In 2018, the top importers of Potatoes seed, fresh or chilled were Belgium-Luxembourg ($84.8M), Egypt ($80.9M), Algeria ($80.5M), Germany ($61.7M), and Netherlands ($41.7M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $59.3M

Top Destination Growth (2017 - 2018): Spain, $24.7M

Between 2017 and 2018, the exports of Potatoes seed, fresh or chilled grew the fastest in Netherlands ($59.3M), Spain ($39M), Belgium-Luxembourg ($17.2M), France ($12.9M), and United Kingdom ($11M).

Between 2017 and 2018, the fastest growing importers of Potatoes seed, fresh or chilled were Spain ($24.7M), Germany ($18M), France ($15.4M), United Kingdom ($14.5M), and Qatar ($11M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Potatoes seed, fresh or chilled.

In 2018,  market concentration measured using Shannon Entropy, was 2.73. This means that most of the exports of Potatoes seed, fresh or chilled are explained by 6 countries.

Explore Visualizations

TOP NET EXPORTER (2018): Netherlands, $464M

TOP NET IMPORTER (2018): Egypt, $73.4M

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

In 2018, the countries that had a largest trade value in exports than in imports of Potatoes seed, fresh or chilled were Netherlands ($464M), France ($67.7M), United Kingdom ($42.1M), Denmark ($29.6M), and Canada ($24.7M).

In 2018, the countries that had a largest trade value in imports than in exports of Potatoes seed, fresh or chilled were Egypt ($73.4M), Belgium-Luxembourg ($43.8M), Italy ($33.8M), Morocco ($24.5M), and Portugal ($22M).

Trade Forecasts

#permalink to section

This section shows forecasts for total trade for Potatoes seed, fresh or chilled. 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 Potatoes seed, fresh or chilled was 11.9%.  The countries with the highest tariffs for importing Potatoes seed, fresh or chilled were South Korea (277%), Thailand (122%), Iceland (120%), Israel (47.1%), and Hungary (44.2%).

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.