HS Icon Tropical Fruits

0804 (Harmonized System 1992 for 4-digit)

World Trade (2018): $13.2B, Rnk 271 / 1225

Top Exporter (2018): $3.04B, Mexico

Top Importer (2018): $3.51B, United States

Product Complexity (2018): -1.97, Rnk 995 / 1018

Export Growth (CAGR)(2017 - 2018): 3.23%, Rnk 1014 / 1225

Mean Tariff (2018): 16.2%, Rnk 163 / 1259

Share of World Trade (2018): 0.072%, Rnk 271 / 1225

Overview: In 2018, Tropical Fruits were the world's 271st most traded product, with a total trade of $13.2B. Between 2017 and 2018 the exports of Tropical Fruits grew by 3.23%, from  $12.8B to $13.2B. Trade in Tropical Fruits represent 0.072% of total world trade.

Exports: In 2018 the top exporters of Tropical Fruits  were Mexico ($3.04B), Costa Rica ($1.18B), Netherlands ($1.13B), Peru ($1.08B), and Spain ($531M).

Imports: In 2018 the top importers of Tropical Fruits were United States ($3.51B), Netherlands ($1.25B), Germany ($782M), France ($692M), and United Kingdom ($582M).

Tariffs: In 2018 the average tariff for Tropical Fruits was 16.2%, been the 163 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Tropical Fruits are Iran (76.4%), Cyprus (66.1%), Belize (59.6%), Taiwan (54.7%), and Thailand (52.5%). The countries with the lowest tariffs are Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Oman (0%).

Ranking: Tropical Fruits ranks 995th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Mexico, $3.04B

Top Destination (2018): United States, $3.51B

Tropical Fruits are the world's 271st most traded product.

In 2018, the top exporters of Tropical Fruits were Mexico ($3.04B), Costa Rica ($1.18B), Netherlands ($1.13B), Peru ($1.08B), and Spain ($531M).

In 2018, the top importers of Tropical Fruits were United States ($3.51B), Netherlands ($1.25B), Germany ($782M), France ($692M), and United Kingdom ($582M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $389M

Top Destination Growth (2017 - 2018): Netherlands, $171M

Between 2017 and 2018, the exports of Tropical Fruits grew the fastest in Netherlands ($389M), Peru ($172M), United States ($148M), United Arab Emirates ($138M), and Saudi Arabia ($119M).

Between 2017 and 2018, the fastest growing importers of Tropical Fruits were Netherlands ($171M), United Arab Emirates ($114M), Morocco ($106M), Canada ($94M), and Vietnam ($88.7M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Tropical Fruits.

In 2018,  market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Tropical Fruits are explained by 25 countries.

TOP NET EXPORTER (2018): Mexico, $3.02B

TOP NET IMPORTER (2018): United States, $3.22B

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

In 2018, the countries that had a largest trade value in exports than imports of Tropical Fruits were Mexico ($3.02B), Costa Rica ($1.17B), Peru ($1.08B), Philippines ($372M), and Israel ($337M).

In 2018, the countries that had a largest trade value in imports than exports of Tropical Fruits were United States ($3.22B), Germany ($618M), France ($553M), United Kingdom ($535M), and Canada ($511M).

Trade Forecasts

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This section shows forecasts for total trade for Tropical Fruits. 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 Tropical Fruits was 16.2%.  The countries with the highest tariffs for importing Tropical Fruits were Iran (76.4%), Cyprus (66.1%), Belize (59.6%), Taiwan (54.7%), and Thailand (52.5%).

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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.