HS Icon Barley

1003 (Harmonized System 1992 for 4-digit)

World Trade (2018): $7.73B, Rnk 395 / 1225

Top Exporter (2018): $1.4B, Australia

Top Importer (2018): $1.71B, Saudi Arabia

Product Complexity (2018): 0.012, Rnk 544 / 1018

Export Growth (CAGR)(2017 - 2018): 15%, Rnk 520 / 1225

Mean Tariff (2018): 10.5%, Rnk 398 / 1259

Share of World Trade (2018): 0.042%, Rnk 395 / 1225

Overview:  This page contains the latest trade data of Barley. In 2018, Barley were the world's 395th most traded product, with a total trade of $7.73B. Between 2017 and 2018 the exports of Barley grew by 15%, from  $6.72B to $7.73B. Trade in Barley represent 0.042% of total world trade.

Exports: In 2018 the top exporters of Barley  were Australia ($1.4B), France ($1.32B), Russia ($1.02B), Ukraine ($684M), and Argentina ($560M).

Imports: In 2018 the top importers of Barley were Saudi Arabia ($1.71B), China ($1.62B), Iran ($482M), Netherlands ($443M), and Belgium-Luxembourg ($388M).

Tariffs: In 2018 the average tariff for Barley was 10.5%, been the 398 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Barley are South Korea (339%), Lithuania (38.4%), Tunisia (36%), Hungary (26.5%), and Latvia (25.3%). The countries with the lowest tariffs are Angola (0%), Egypt (0%), Mauritius (0%), South Africa (0%), and United Arab Emirates (0%).

Ranking: Barley ranks 544th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Australia, $1.4B

Top Destination (2018): Saudi Arabia, $1.71B

Barley are the world's 395th most traded product.

In 2018, the top exporters of Barley were Australia ($1.4B), France ($1.32B), Russia ($1.02B), Ukraine ($684M), and Argentina ($560M).

In 2018, the top importers of Barley were Saudi Arabia ($1.71B), China ($1.62B), Iran ($482M), Netherlands ($443M), and Belgium-Luxembourg ($388M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): France, $330M

Top Destination Growth (2017 - 2018): Saudi Arabia, $293M

Between 2017 and 2018, the exports of Barley grew the fastest in France ($330M), Russia ($301M), Kazakhstan ($156M), Canada ($125M), and Argentina ($95.4M).

Between 2017 and 2018, the fastest growing importers of Barley were Saudi Arabia ($293M), China ($256M), Iran ($88.3M), Japan ($73.7M), and Netherlands ($62.3M).

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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 Barley.

In 2018,  market concentration measured using Shannon Entropy, was 3.8. This means that most of the exports of Barley are explained by 13 countries.

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TOP NET EXPORTER (2018): Australia, $1.4B

TOP NET IMPORTER (2018): Saudi Arabia, $1.71B

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

In 2018, the countries that had a largest trade value in exports than in imports of Barley were Australia ($1.4B), France ($1.29B), Russia ($1B), Ukraine ($681M), and Argentina ($560M).

In 2018, the countries that had a largest trade value in imports than in exports of Barley were Saudi Arabia ($1.71B), China ($1.62B), Iran ($482M), Netherlands ($384M), and Belgium-Luxembourg ($323M).

Trade Forecasts

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This section shows forecasts for total trade for Barley. 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 Barley was 10.5%.  The countries with the highest tariffs for importing Barley were South Korea (339%), Lithuania (38.4%), Tunisia (36%), Hungary (26.5%), and Latvia (25.3%).

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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.