HS Icon Maté

0903 (Harmonized System 1992 for 4-digit)

World Trade (2018): $203M, Rnk 1138 / 1225

Top Exporter (2018): $94.1M, Argentina

Top Importer (2018): $72.7M, Uruguay

Export Growth (CAGR)(2017 - 2018): 13.7%, Rnk 582 / 1225

Mean Tariff (2018): 8.49%, Rnk 508 / 1259

Share of World Trade (2018): 0.0011%, Rnk 1138 / 1225

Overview: In 2018, Maté were the world's 1138th most traded product, with a total trade of $203M. Between 2017 and 2018 the exports of Maté grew by 13.7%, from  $178M to $203M. Trade in Maté represent 0.0011% of total world trade.

Exports: In 2018 the top exporters of Maté  were Argentina ($94.1M), Brazil ($85.4M), Paraguay ($3.95M), Germany ($2.8M), and France ($2.78M).

Imports: In 2018 the top importers of Maté were Uruguay ($72.7M), Syria ($71.7M), Chile ($12.2M), United States ($7.1M), and Spain ($5.95M).

Tariffs: In 2018 the average tariff for Maté was 8.49%, been the 508 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Maté are Laos (38.1%), Zimbabwe (36.5%), Tunisia (36%), Ethiopia (34.7%), and Hungary (34%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Lebanon (0%), and Maldives (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Argentina, $94.1M

Top Destination (2018): Uruguay, $72.7M

Maté are the world's 1138th most traded product.

In 2018, the top exporters of Maté were Argentina ($94.1M), Brazil ($85.4M), Paraguay ($3.95M), Germany ($2.8M), and France ($2.78M).

In 2018, the top importers of Maté were Uruguay ($72.7M), Syria ($71.7M), Chile ($12.2M), United States ($7.1M), and Spain ($5.95M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Argentina, $12.1M

Top Destination Growth (2017 - 2018): Syria, $13M

Between 2017 and 2018, the exports of Maté grew the fastest in Argentina ($12.1M), Brazil ($4.26M), Syria ($1.33M), United States ($1.13M), and Afghanistan ($1.04M).

Between 2017 and 2018, the fastest growing importers of Maté were Syria ($13M), Uruguay ($3.68M), Canada ($1.62M), United States ($1.22M), and Spain ($1.07M).

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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 Maté.

In 2018,  market concentration measured using Shannon Entropy, was 1.87. This means that most of the exports of Maté are explained by 3 countries.

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TOP NET EXPORTER (2018): Argentina, $93.2M

TOP NET IMPORTER (2018): Uruguay, $72M

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

In 2018, the countries that had a largest trade value in exports than in imports of Maté were Argentina ($93.2M), Brazil ($85M), Paraguay ($3.69M), Ecuador ($1M), and Afghanistan ($732k).

In 2018, the countries that had a largest trade value in imports than in exports of Maté were Uruguay ($72M), Syria ($69.8M), Chile ($12.1M), Spain ($5.65M), and United States ($5.1M).

Trade Forecasts

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This section shows forecasts for total trade for Maté. 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 Maté was 8.49%.  The countries with the highest tariffs for importing Maté were Laos (38.1%), Zimbabwe (36.5%), Tunisia (36%), Ethiopia (34.7%), and Hungary (34%).

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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.