HS Icon Nuts edible, fresh or dried, nes

080290 (Harmonized System 1992 for 6-digit)

World Trade (2018): $2.79B, Rnk 1071 / 4726

Top Exporter (2018): $553M, United States

Top Importer (2018): $303M, United States

Product Complexity (2018): -2.07, Rnk 4770 / 4873

Export Growth (CAGR)(2017 - 2018): 1.75%, Rnk 3677 / 4726

Mean Tariff (2018): 12.4%, Rnk 1706 / 6538

Share of World Trade (2018): 0.015%, Rnk 1071 / 4726

Overview:  This page contains the latest trade data of Nuts edible, fresh or dried, nes. In 2018, Nuts edible, fresh or dried, nes were the world's 1071st most traded product, with a total trade of $2.79B. Between 2017 and 2018 the exports of Nuts edible, fresh or dried, nes grew by 1.75%, from  $2.74B to $2.79B. Trade in Nuts edible, fresh or dried, nes represent 0.015% of total world trade.

Exports: In 2018 the top exporters of Nuts edible, fresh or dried, nes  were United States ($553M), South Africa ($386M), Indonesia ($268M), China ($253M), and Australia ($236M).

Imports: In 2018 the top importers of Nuts edible, fresh or dried, nes were United States ($303M), Germany ($211M), China ($208M), India ($191M), and Hong Kong ($187M).

Tariffs: In 2018 the average tariff for Nuts edible, fresh or dried, nes was 12.4%, been the 1706 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Nuts edible, fresh or dried, nes are South Korea (182%), India (85%), Cyprus (60.5%), Angola (50%), and Iran (45%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Ranking: Nuts edible, fresh or dried, nes ranks 4770th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $553M

Top Destination (2018): United States, $303M

Nuts edible, fresh or dried, nes are the world's 1071st most traded product.

In 2018, the top exporters of Nuts edible, fresh or dried, nes were United States ($553M), South Africa ($386M), Indonesia ($268M), China ($253M), and Australia ($236M).

In 2018, the top importers of Nuts edible, fresh or dried, nes were United States ($303M), Germany ($211M), China ($208M), India ($191M), and Hong Kong ($187M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Burma, $116M

Top Destination Growth (2017 - 2018): India, $125M

Between 2017 and 2018, the exports of Nuts edible, fresh or dried, nes grew the fastest in Burma ($116M), Thailand ($72.6M), South Africa ($55M), Germany ($26.5M), and Netherlands ($20.1M).

Between 2017 and 2018, the fastest growing importers of Nuts edible, fresh or dried, nes were India ($125M), Mexico ($112M), Iran ($105M), United States ($66.3M), and Burma ($30.2M).

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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 Nuts edible, fresh or dried, nes.

In 2018,  market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Nuts edible, fresh or dried, nes are explained by 18 countries.

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TOP NET EXPORTER (2018): South Africa, $364M

TOP NET IMPORTER (2018): India, $173M

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

In 2018, the countries that had a largest trade value in exports than in imports of Nuts edible, fresh or dried, nes were South Africa ($364M), Indonesia ($267M), United States ($250M), Australia ($218M), and Kenya ($94.1M).

In 2018, the countries that had a largest trade value in imports than in exports of Nuts edible, fresh or dried, nes were India ($173M), Vietnam ($171M), Hong Kong ($105M), Iran ($104M), and Canada ($101M).

Trade Forecasts

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This section shows forecasts for total trade for Nuts edible, fresh or dried, nes. 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 Nuts edible, fresh or dried, nes was 12.4%.  The countries with the highest tariffs for importing Nuts edible, fresh or dried, nes were South Korea (182%), India (85%), Cyprus (60.5%), Angola (50%), and Iran (45%).

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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.