HS Icon Wheat Flours

1101 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.85B, Rnk 513 / 1225

Top Exporter (2018): $1.01B, Turkey

Top Importer (2018): $540M, Iraq

Product Complexity (2018): -1.33, Rnk 909 / 1018

Export Growth (CAGR)(2017 - 2018): 8.53%, Rnk 842 / 1225

Mean Tariff (2018): 22.2%, Rnk 88 / 1259

Share of World Trade (2018): 0.026%, Rnk 513 / 1225

Overview: In 2018, Wheat Flours were the world's 513th most traded product, with a total trade of $4.85B. Between 2017 and 2018 the exports of Wheat Flours grew by 8.53%, from  $4.46B to $4.85B. Trade in Wheat Flours represent 0.026% of total world trade.

Exports: In 2018 the top exporters of Wheat Flours  were Turkey ($1.01B), Kazakhstan ($448M), Germany ($341M), Egypt ($202M), and Argentina ($194M).

Imports: In 2018 the top importers of Wheat Flours were Iraq ($540M), Afghanistan ($477M), Netherlands ($240M), United States ($198M), and France ($152M).

Tariffs: In 2018 the average tariff for Wheat Flours was 22.2%, been the 88 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Wheat Flours are Turkey (95.4%), Belize (67.9%), Morocco (62.5%), Cyprus (60.8%), and Turkmenistan (50%). The countries with the lowest tariffs are Angola (0%), South Africa (0%), United Arab Emirates (0%), Hong Kong (0%), and Kuwait (0%).

Ranking: Wheat Flours ranks 909th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Turkey, $1.01B

Top Destination (2018): Iraq, $540M

Wheat Flours are the world's 513th most traded product.

In 2018, the top exporters of Wheat Flours were Turkey ($1.01B), Kazakhstan ($448M), Germany ($341M), Egypt ($202M), and Argentina ($194M).

In 2018, the top importers of Wheat Flours were Iraq ($540M), Afghanistan ($477M), Netherlands ($240M), United States ($198M), and France ($152M).

Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Egypt, $82.9M

Top Destination Growth (2017 - 2018): Yemen, $87.3M

Between 2017 and 2018, the exports of Wheat Flours grew the fastest in Egypt ($82.9M), Uzbekistan ($70.1M), Germany ($37.7M), United Kingdom ($36.5M), and China ($33M).

Between 2017 and 2018, the fastest growing importers of Wheat Flours were Yemen ($87.3M), Afghanistan ($57.6M), Democratic Republic of the Congo ($32.7M), Palestine ($32.5M), and Thailand ($31.9M).

Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Wheat Flours.

In 2018,  market concentration measured using Shannon Entropy, was 4.94. This means that most of the exports of Wheat Flours are explained by 30 countries.

TOP NET EXPORTER (2018): Turkey, $1.01B

TOP NET IMPORTER (2018): Iraq, $540M

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

In 2018, the countries that had a largest trade value in exports than imports of Wheat Flours were Turkey ($1.01B), Kazakhstan ($446M), Germany ($278M), Egypt ($200M), and Argentina ($194M).

In 2018, the countries that had a largest trade value in imports than exports of Wheat Flours were Iraq ($540M), Afghanistan ($477M), Netherlands ($168M), Yemen ($141M), and Angola ($136M).

Trade Forecasts

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This section shows forecasts for total trade for Wheat Flours. 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 Wheat Flours was 22.2%.  The countries with the highest tariffs for importing Wheat Flours were Turkey (95.4%), Belize (67.9%), Morocco (62.5%), Cyprus (60.8%), and Turkmenistan (50%).

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