HS Icon Almonds,fresh or dried, shelled

080212 (Harmonized System 1992 for 6-digit)

World Trade (2018): $5.3B, Rnk 595 / 4726

Top Exporter (2018): $3.43B, United States

Top Importer (2018): $585M, Germany

Product Complexity (2018): -1.08, Rnk 4102 / 4873

Export Growth (CAGR)(2017 - 2018): 15.1%, Rnk 1881 / 4726

Mean Tariff (2018): 16.5%, Rnk 905 / 6538

Share of World Trade (2018): 0.029%, Rnk 595 / 4726

Overview:  This page contains the latest trade data of Almonds,fresh or dried, shelled. In 2018, Almonds,fresh or dried, shelled were the world's 595th most traded product, with a total trade of $5.3B. Between 2017 and 2018 the exports of Almonds,fresh or dried, shelled grew by 15.1%, from  $4.6B to $5.3B. Trade in Almonds,fresh or dried, shelled represent 0.029% of total world trade.

Exports: In 2018 the top exporters of Almonds,fresh or dried, shelled  were United States ($3.43B), Spain ($642M), Australia ($223M), United Arab Emirates ($163M), and Germany ($131M).

Imports: In 2018 the top importers of Almonds,fresh or dried, shelled were Germany ($585M), Spain ($563M), Italy ($306M), France ($295M), and Netherlands ($257M).

Tariffs: In 2018 the average tariff for Almonds,fresh or dried, shelled was 16.5%, been the 905 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Almonds,fresh or dried, shelled are Cyprus (101%), Iran (90%), Angola (50%), Jamaica (40%), and Trinidad and Tobago (37.8%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Armenia (0%), Hong Kong (0%), and India (0%).

Ranking: Almonds,fresh or dried, shelled ranks 4102nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $3.43B

Top Destination (2018): Germany, $585M

Almonds,fresh or dried, shelled are the world's 595th most traded product.

In 2018, the top exporters of Almonds,fresh or dried, shelled were United States ($3.43B), Spain ($642M), Australia ($223M), United Arab Emirates ($163M), and Germany ($131M).

In 2018, the top importers of Almonds,fresh or dried, shelled were Germany ($585M), Spain ($563M), Italy ($306M), France ($295M), and Netherlands ($257M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): United States, $338M

Top Destination Growth (2017 - 2018): Canada, $200M

Between 2017 and 2018, the exports of Almonds,fresh or dried, shelled grew the fastest in United States ($338M), United Arab Emirates ($156M), Spain ($136M), Germany ($35.3M), and Netherlands ($27.6M).

Between 2017 and 2018, the fastest growing importers of Almonds,fresh or dried, shelled were Canada ($200M), Iran ($85M), Netherlands ($65.8M), Italy ($57M), and China ($53.3M).

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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 Almonds,fresh or dried, shelled.

In 2018,  market concentration measured using Shannon Entropy, was 2.21. This means that most of the exports of Almonds,fresh or dried, shelled are explained by 4 countries.

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TOP NET EXPORTER (2018): United States, $3.33B

TOP NET IMPORTER (2018): Germany, $454M

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

In 2018, the countries that had a largest trade value in exports than in imports of Almonds,fresh or dried, shelled were United States ($3.33B), Australia ($205M), Spain ($79.7M), Chile ($40M), and Syria ($8.04M).

In 2018, the countries that had a largest trade value in imports than in exports of Almonds,fresh or dried, shelled were Germany ($454M), France ($279M), Japan ($248M), Canada ($201M), and Italy ($196M).

Trade Forecasts

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This section shows forecasts for total trade for Almonds,fresh or 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 Almonds,fresh or dried, shelled was 16.5%.  The countries with the highest tariffs for importing Almonds,fresh or dried, shelled were Cyprus (101%), Iran (90%), Angola (50%), Jamaica (40%), and Trinidad and Tobago (37.8%).

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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.