HS Icon Peas dried, shelled

071310 (Harmonized System 1992 for 6-digit)

World Trade (2018): $1.94B, Rnk 1360 / 4726

Top Exporter (2018): $905M, Canada

Top Importer (2018): $577M, China

Product Complexity (2018): -1.21, Rnk 4222 / 4873

Export Growth (CAGR)(2017 - 2018): -17.2%, Rnk 4477 / 4726

Mean Tariff (2018): 17.9%, Rnk 752 / 6538

Share of World Trade (2018): 0.011%, Rnk 1360 / 4726

Overview:  This page contains the latest trade data of Peas dried, shelled. In 2018, Peas dried, shelled were the world's 1360th most traded product, with a total trade of $1.94B. Between 2017 and 2018 the exports of Peas dried, shelled decreased by -17.2%, from  $2.34B to $1.94B. Trade in Peas dried, shelled represent 0.011% of total world trade.

Exports: In 2018 the top exporters of Peas dried, shelled  were Canada ($905M), Russia ($228M), United States ($140M), Ukraine ($139M), and France ($78.3M).

Imports: In 2018 the top importers of Peas dried, shelled were China ($577M), India ($184M), United States ($111M), Spain ($109M), and Bangladesh ($102M).

Tariffs: In 2018 the average tariff for Peas dried, shelled was 17.9%, been the 752 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Peas dried, shelled are Iran (90%), Turkmenistan (50%), India (48.1%), Hungary (43.7%), and Tunisia (36%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Laos (0%), Lebanon (0%), and Maldives (0%).

Ranking: Peas dried, shelled ranks 4222nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Canada, $905M

Top Destination (2018): China, $577M

Peas dried, shelled are the world's 1360th most traded product.

In 2018, the top exporters of Peas dried, shelled were Canada ($905M), Russia ($228M), United States ($140M), Ukraine ($139M), and France ($78.3M).

In 2018, the top importers of Peas dried, shelled were China ($577M), India ($184M), United States ($111M), Spain ($109M), and Bangladesh ($102M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Kazakhstan, $12.9M

Top Destination Growth (2017 - 2018): China, $186M

Between 2017 and 2018, the exports of Peas dried, shelled grew the fastest in Kazakhstan ($12.9M), Belgium-Luxembourg ($8.79M), United Arab Emirates ($7.12M), Lithuania ($6.92M), and Turkey ($6.62M).

Between 2017 and 2018, the fastest growing importers of Peas dried, shelled were China ($186M), Spain ($87.9M), Germany ($21.7M), Belgium-Luxembourg ($19.7M), and United States ($13.9M).

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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 Peas dried, shelled.

In 2018,  market concentration measured using Shannon Entropy, was 3.19. This means that most of the exports of Peas dried, shelled are explained by 9 countries.

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TOP NET EXPORTER (2018): Canada, $892M

TOP NET IMPORTER (2018): China, $570M

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

In 2018, the countries that had a largest trade value in exports than in imports of Peas dried, shelled were Canada ($892M), Russia ($220M), Ukraine ($137M), Lithuania ($67.7M), and France ($56.4M).

In 2018, the countries that had a largest trade value in imports than in exports of Peas dried, shelled were China ($570M), India ($178M), Spain ($106M), Bangladesh ($102M), and Pakistan ($37.5M).

Trade Forecasts

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This section shows forecasts for total trade for Peas dried, shelled. 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 Peas dried, shelled was 17.9%.  The countries with the highest tariffs for importing Peas dried, shelled were Iran (90%), Turkmenistan (50%), India (48.1%), Hungary (43.7%), and Tunisia (36%).

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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.