HS Icon Coconuts, Brazil Nuts, and Cashews

0801 (Harmonized System 1992 for 4-digit)

World Trade (2018): $9.46B, Rnk 337 / 1225

Top Exporter (2018): $3.03B, Vietnam

Top Importer (2018): $1.64B, United States

Product Complexity (2018): -2.43, Rnk 1013 / 1018

Export Growth (CAGR)(2017 - 2018): 9.95%, Rnk 777 / 1225

Mean Tariff (2018): 12.9%, Rnk 275 / 1259

Share of World Trade (2018): 0.051%, Rnk 337 / 1225

Overview: In 2018, Coconuts, Brazil Nuts, and Cashews were the world's 337th most traded product, with a total trade of $9.46B. Between 2017 and 2018 the exports of Coconuts, Brazil Nuts, and Cashews grew by 9.95%, from  $8.61B to $9.46B. Trade in Coconuts, Brazil Nuts, and Cashews represent 0.051% of total world trade.

Exports: In 2018 the top exporters of Coconuts, Brazil Nuts, and Cashews  were Vietnam ($3.03B), Cote d'Ivoire ($1.17B), India ($852M), Indonesia ($454M), and Ghana ($424M).

Imports: In 2018 the top importers of Coconuts, Brazil Nuts, and Cashews were United States ($1.64B), India ($1.47B), Vietnam ($1.25B), Germany ($667M), and Netherlands ($517M).

Tariffs: In 2018 the average tariff for Coconuts, Brazil Nuts, and Cashews was 12.9%, been the 275 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Coconuts, Brazil Nuts, and Cashews are Angola (50%), India (45.1%), Thailand (45%), Taiwan (41.1%), and Belize (40.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Bosnia and Herzegovina (0%).

Ranking: Coconuts, Brazil Nuts, and Cashews ranks 1013th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Vietnam, $3.03B

Top Destination (2018): United States, $1.64B

Coconuts, Brazil Nuts, and Cashews are the world's 337th most traded product.

In 2018, the top exporters of Coconuts, Brazil Nuts, and Cashews were Vietnam ($3.03B), Cote d'Ivoire ($1.17B), India ($852M), Indonesia ($454M), and Ghana ($424M).

In 2018, the top importers of Coconuts, Brazil Nuts, and Cashews were United States ($1.64B), India ($1.47B), Vietnam ($1.25B), Germany ($667M), and Netherlands ($517M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Cote d'Ivoire, $780M

Top Destination Growth (2017 - 2018): Vietnam, $553M

Between 2017 and 2018, the exports of Coconuts, Brazil Nuts, and Cashews grew the fastest in Cote d'Ivoire ($780M), Vietnam ($303M), Burkina Faso ($165M), United Arab Emirates ($165M), and Nigeria ($124M).

Between 2017 and 2018, the fastest growing importers of Coconuts, Brazil Nuts, and Cashews were Vietnam ($553M), Canada ($120M), Ghana ($50.9M), Iran ($35.8M), and South Korea ($33.2M).

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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 Coconuts, Brazil Nuts, and Cashews.

In 2018,  market concentration measured using Shannon Entropy, was 3.9. This means that most of the exports of Coconuts, Brazil Nuts, and Cashews are explained by 14 countries.

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TOP NET EXPORTER (2018): Vietnam, $1.79B

TOP NET IMPORTER (2018): United States, $1.61B

This map shows which countries export or import more of Coconuts, Brazil Nuts, and Cashews. Each country is colored based on the difference in exports and imports of Coconuts, Brazil Nuts, and Cashews during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Coconuts, Brazil Nuts, and Cashews were Vietnam ($1.79B), Cote d'Ivoire ($1.17B), Indonesia ($438M), Ghana ($372M), and Philippines ($357M).

In 2018, the countries that had a largest trade value in imports than in exports of Coconuts, Brazil Nuts, and Cashews were United States ($1.61B), India ($623M), Germany ($443M), China ($273M), and United Kingdom ($262M).

Trade Forecasts

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This section shows forecasts for total trade for Coconuts, Brazil Nuts, and Cashews. 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 Coconuts, Brazil Nuts, and Cashews was 12.9%.  The countries with the highest tariffs for importing Coconuts, Brazil Nuts, and Cashews were Angola (50%), India (45.1%), Thailand (45%), Taiwan (41.1%), and Belize (40.9%).

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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.