HS Icon Potatoes, fresh or chilled except seed

070190 (Harmonized System 1992 for 6-digit)

World Trade (2018): $3.25B, Rnk 931 / 4726

Top Exporter (2018): $536M, France

Top Importer (2018): $286M, Belgium-Luxembourg

Product Complexity (2018): -0.87, Rnk 3850 / 4873

Export Growth (CAGR)(2017 - 2018): -2.56%, Rnk 4018 / 4726

Mean Tariff (2018): 29.5%, Rnk 126 / 6538

Share of World Trade (2018): 0.018%, Rnk 931 / 4726

Overview:  This page contains the latest trade data of Potatoes, fresh or chilled except seed. In 2018, Potatoes, fresh or chilled except seed were the world's 931st most traded product, with a total trade of $3.25B. Between 2017 and 2018 the exports of Potatoes, fresh or chilled except seed decreased by -2.56%, from  $3.33B to $3.25B. Trade in Potatoes, fresh or chilled except seed represent 0.018% of total world trade.

Exports: In 2018 the top exporters of Potatoes, fresh or chilled except seed  were France ($536M), Germany ($344M), Netherlands ($258M), Egypt ($256M), and China ($246M).

Imports: In 2018 the top importers of Potatoes, fresh or chilled except seed were Belgium-Luxembourg ($286M), Netherlands ($277M), United States ($210M), Spain ($207M), and Russia ($198M).

Tariffs: In 2018 the average tariff for Potatoes, fresh or chilled except seed was 29.5%, been the 126 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Potatoes, fresh or chilled except seed are South Korea (300%), Israel (162%), Thailand (122%), Iceland (106%), and Norway (95.7%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), United Arab Emirates (0%), Hong Kong (0%), and Kuwait (0%).

Ranking: Potatoes, fresh or chilled except seed ranks 3850th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): France, $536M

Top Destination (2018): Belgium-Luxembourg, $286M

Potatoes, fresh or chilled except seed are the world's 931st most traded product.

In 2018, the top exporters of Potatoes, fresh or chilled except seed were France ($536M), Germany ($344M), Netherlands ($258M), Egypt ($256M), and China ($246M).

In 2018, the top importers of Potatoes, fresh or chilled except seed were Belgium-Luxembourg ($286M), Netherlands ($277M), United States ($210M), Spain ($207M), and Russia ($198M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Pakistan, $47.2M

Top Destination Growth (2017 - 2018): Hong Kong, $53.1M

Between 2017 and 2018, the exports of Potatoes, fresh or chilled except seed grew the fastest in Pakistan ($47.2M), Azerbaijan ($29.5M), China ($17.9M), Belgium-Luxembourg ($17.6M), and Canada ($16.5M).

Between 2017 and 2018, the fastest growing importers of Potatoes, fresh or chilled except seed were Hong Kong ($53.1M), Russia ($20.1M), Portugal ($15.7M), United States ($13.9M), and Azerbaijan ($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 Potatoes, fresh or chilled except seed.

In 2018,  market concentration measured using Shannon Entropy, was 4.36. This means that most of the exports of Potatoes, fresh or chilled except seed are explained by 20 countries.

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TOP NET EXPORTER (2018): France, $460M

TOP NET IMPORTER (2018): Russia, $182M

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

In 2018, the countries that had a largest trade value in exports than in imports of Potatoes, fresh or chilled except seed were France ($460M), Egypt ($256M), China ($245M), Germany ($153M), and Canada ($137M).

In 2018, the countries that had a largest trade value in imports than in exports of Potatoes, fresh or chilled except seed were Russia ($182M), Belgium-Luxembourg ($118M), Italy ($108M), Vietnam ($97.8M), and Spain ($96.6M).

Trade Forecasts

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This section shows forecasts for total trade for Potatoes, fresh or chilled except seed. 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 Potatoes, fresh or chilled except seed was 29.5%.  The countries with the highest tariffs for importing Potatoes, fresh or chilled except seed were South Korea (300%), Israel (162%), Thailand (122%), Iceland (106%), and Norway (95.7%).

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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.