HS Icon Pitted Fruits

0809 (Harmonized System 1992 for 4-digit)

World Trade (2018): $6.86B, Rnk 429 / 1225

Top Exporter (2018): $1.42B, Chile

Top Importer (2018): $1.99B, China

Product Complexity (2018): -1.59, Rnk 952 / 1018

Export Growth (CAGR)(2017 - 2018): 12%, Rnk 669 / 1225

Mean Tariff (2018): 19.3%, Rnk 121 / 1259

Share of World Trade (2018): 0.037%, Rnk 429 / 1225

Overview: In 2018, Pitted Fruits were the world's 429th most traded product, with a total trade of $6.86B. Between 2017 and 2018 the exports of Pitted Fruits grew by 12%, from  $6.12B to $6.86B. Trade in Pitted Fruits represent 0.037% of total world trade.

Exports: In 2018 the top exporters of Pitted Fruits  were Chile ($1.42B), Spain ($1.34B), Hong Kong ($758M), United States ($742M), and Italy ($342M).

Imports: In 2018 the top importers of Pitted Fruits were China ($1.99B), Germany ($748M), Russia ($376M), France ($270M), and United Kingdom ($255M).

Tariffs: In 2018 the average tariff for Pitted Fruits was 19.3%, been the 121 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Pitted Fruits are Cyprus (114%), Iran (70%), Lebanon (64%), Turkey (55.5%), and Angola (50%). The countries with the lowest tariffs are Mauritius (0%), United Arab Emirates (0%), Hong Kong (0%), Kuwait (0%), and Maldives (0%).

Ranking: Pitted Fruits ranks 952nd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Chile, $1.42B

Top Destination (2018): China, $1.99B

Pitted Fruits are the world's 429th most traded product.

In 2018, the top exporters of Pitted Fruits were Chile ($1.42B), Spain ($1.34B), Hong Kong ($758M), United States ($742M), and Italy ($342M).

In 2018, the top importers of Pitted Fruits were China ($1.99B), Germany ($748M), Russia ($376M), France ($270M), and United Kingdom ($255M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Chile, $506M

Top Destination Growth (2017 - 2018): China, $899M

Between 2017 and 2018, the exports of Pitted Fruits grew the fastest in Chile ($506M), Hong Kong ($373M), Uzbekistan ($127M), China ($44M), and Azerbaijan ($30.5M).

Between 2017 and 2018, the fastest growing importers of Pitted Fruits were China ($899M), Kazakhstan ($90.2M), Italy ($27.9M), Kyrgyzstan ($25.3M), and France ($22.3M).

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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 Pitted Fruits.

In 2018,  market concentration measured using Shannon Entropy, was 3.91. This means that most of the exports of Pitted Fruits are explained by 15 countries.

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TOP NET EXPORTER (2018): Chile, $1.42B

TOP NET IMPORTER (2018): China, $1.8B

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

In 2018, the countries that had a largest trade value in exports than in imports of Pitted Fruits were Chile ($1.42B), Spain ($1.3B), United States ($586M), Hong Kong ($534M), and Turkey ($321M).

In 2018, the countries that had a largest trade value in imports than in exports of Pitted Fruits were China ($1.8B), Germany ($673M), Russia ($374M), United Kingdom ($246M), and Kazakhstan ($188M).

Trade Forecasts

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This section shows forecasts for total trade for Pitted 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 Pitted Fruits was 19.3%.  The countries with the highest tariffs for importing Pitted Fruits were Cyprus (114%), Iran (70%), Lebanon (64%), Turkey (55.5%), and Angola (50%).

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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.