HS Icon Avocados, fresh or dried

080440 (Harmonized System 1992 for 6-digit)

World Trade (2018): $5.77B, Rnk 558 / 4726

Top Exporter (2018): $2.53B, Mexico

Top Importer (2018): $2.17B, United States

Product Complexity (2018): -1.21, Rnk 4217 / 4873

Export Growth (CAGR)(2017 - 2018): -2.81%, Rnk 4039 / 4726

Mean Tariff (2018): 14%, Rnk 1396 / 6538

Share of World Trade (2018): 0.031%, Rnk 558 / 4726

Overview:  This page contains the latest trade data of Avocados, fresh or dried. In 2018, Avocados, fresh or dried were the world's 558th most traded product, with a total trade of $5.77B. Between 2017 and 2018 the exports of Avocados, fresh or dried decreased by -2.81%, from  $5.94B to $5.77B. Trade in Avocados, fresh or dried represent 0.031% of total world trade.

Exports: In 2018 the top exporters of Avocados, fresh or dried  were Mexico ($2.53B), Peru ($799M), Netherlands ($586M), Chile ($358M), and Spain ($350M).

Imports: In 2018 the top importers of Avocados, fresh or dried were United States ($2.17B), Netherlands ($705M), France ($301M), Canada ($280M), and Germany ($265M).

Tariffs: In 2018 the average tariff for Avocados, fresh or dried was 14%, been the 1396 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Avocados, fresh or dried are Belize (76.3%), Lebanon (62.8%), Angola (50%), Cyprus (44.4%), and Turkey (44.3%). The countries with the lowest tariffs are Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Maldives (0%).

Ranking: Avocados, fresh or dried ranks 4217th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Mexico, $2.53B

Top Destination (2018): United States, $2.17B

Avocados, fresh or dried are the world's 558th most traded product.

In 2018, the top exporters of Avocados, fresh or dried were Mexico ($2.53B), Peru ($799M), Netherlands ($586M), Chile ($358M), and Spain ($350M).

In 2018, the top importers of Avocados, fresh or dried were United States ($2.17B), Netherlands ($705M), France ($301M), Canada ($280M), and Germany ($265M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $226M

Top Destination Growth (2017 - 2018): Netherlands, $103M

Between 2017 and 2018, the exports of Avocados, fresh or dried grew the fastest in Netherlands ($226M), Peru ($126M), United States ($86.7M), South Africa ($22.5M), and Kenya ($21.5M).

Between 2017 and 2018, the fastest growing importers of Avocados, fresh or dried were Netherlands ($103M), Germany ($72.3M), Canada ($48.9M), Chile ($31.5M), and Spain ($29.1M).

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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 Avocados, fresh or dried.

In 2018,  market concentration measured using Shannon Entropy, was 3.04. This means that most of the exports of Avocados, fresh or dried are explained by 8 countries.

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TOP NET EXPORTER (2018): Mexico, $2.53B

TOP NET IMPORTER (2018): United States, $2.04B

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

In 2018, the countries that had a largest trade value in exports than in imports of Avocados, fresh or dried were Mexico ($2.53B), Peru ($799M), Chile ($316M), Israel ($140M), and South Africa ($132M).

In 2018, the countries that had a largest trade value in imports than in exports of Avocados, fresh or dried were United States ($2.04B), Canada ($280M), France ($246M), United Kingdom ($240M), and Germany ($207M).

Trade Forecasts

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This section shows forecasts for total trade for Avocados, fresh or dried. 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 Avocados, fresh or dried was 14%.  The countries with the highest tariffs for importing Avocados, fresh or dried were Belize (76.3%), Lebanon (62.8%), Angola (50%), Cyprus (44.4%), and Turkey (44.3%).

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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.