HS Icon Other Nuts

0802 (Harmonized System 1992 for 4-digit)

World Trade (2018): $17.8B, Rnk 208 / 1225

Top Exporter (2018): $7.98B, United States

Top Importer (2018): $1.94B, Germany

Product Complexity (2018): -1.81, Rnk 984 / 1018

Export Growth (CAGR)(2017 - 2018): 8.24%, Rnk 856 / 1225

Mean Tariff (2018): 16.8%, Rnk 153 / 1259

Share of World Trade (2018): 0.097%, Rnk 208 / 1225

Overview:  This page contains the latest trade data of Other Nuts. In 2018, Other Nuts were the world's 208th most traded product, with a total trade of $17.8B. Between 2017 and 2018 the exports of Other Nuts grew by 8.24%, from  $16.4B to $17.8B. Trade in Other Nuts represent 0.097% of total world trade.

Exports: In 2018 the top exporters of Other Nuts  were United States ($7.98B), Turkey ($1.16B), Spain ($776M), Australia ($685M), and Hong Kong ($651M).

Imports: In 2018 the top importers of Other Nuts were Germany ($1.94B), Italy ($1.25B), India ($1.18B), Hong Kong ($1.17B), and Spain ($977M).

Tariffs: In 2018 the average tariff for Other Nuts was 16.8%, been the 153 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Nuts are Iran (83.6%), South Korea (80.8%), Cyprus (75.7%), Angola (50%), and India (44.7%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Singapore (0%), and Switzerland (0%).

Ranking: Other Nuts ranks 984th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $7.98B

Top Destination (2018): Germany, $1.94B

Other Nuts are the world's 208th most traded product.

In 2018, the top exporters of Other Nuts were United States ($7.98B), Turkey ($1.16B), Spain ($776M), Australia ($685M), and Hong Kong ($651M).

In 2018, the top importers of Other Nuts were Germany ($1.94B), Italy ($1.25B), India ($1.18B), Hong Kong ($1.17B), and Spain ($977M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United Arab Emirates, $367M

Top Destination Growth (2017 - 2018): Canada, $305M

Between 2017 and 2018, the exports of Other Nuts grew the fastest in United Arab Emirates ($367M), United States ($210M), Spain ($152M), Germany ($135M), and Burma ($116M).

Between 2017 and 2018, the fastest growing importers of Other Nuts were Canada ($305M), Iran ($276M), United States ($160M), Italy ($127M), and China ($114M).

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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 Other Nuts.

In 2018,  market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Other Nuts are explained by 12 countries.

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TOP NET EXPORTER (2018): United States, $7.33B

TOP NET IMPORTER (2018): Germany, $1.35B

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Nuts were United States ($7.33B), Turkey ($764M), Australia ($574M), Chile ($555M), and South Africa ($345M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Nuts were Germany ($1.35B), India ($1.14B), Italy ($742M), Vietnam ($707M), and France ($567M).

Trade Forecasts

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This section shows forecasts for total trade for Other Nuts. 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 Other Nuts was 16.8%.  The countries with the highest tariffs for importing Other Nuts were Iran (83.6%), South Korea (80.8%), Cyprus (75.7%), Angola (50%), and India (44.7%).

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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.