HS Icon Legume Flours

1106 (Harmonized System 1992 for 4-digit)

World Trade (2018): $612M, Rnk 997 / 1225

Top Exporter (2018): $73.8M, Spain

Top Importer (2018): $90.1M, United States

Product Complexity (2018): -1.58, Rnk 950 / 1018

Export Growth (CAGR)(2017 - 2018): 14.8%, Rnk 534 / 1225

Mean Tariff (2018): 16.5%, Rnk 158 / 1259

Share of World Trade (2018): 0.0033%, Rnk 997 / 1225

Overview:  This page contains the latest trade data of Legume Flours. In 2018, Legume Flours were the world's 997th most traded product, with a total trade of $612M. Between 2017 and 2018 the exports of Legume Flours grew by 14.8%, from  $533M to $612M. Trade in Legume Flours represent 0.0033% of total world trade.

Exports: In 2018 the top exporters of Legume Flours  were Spain ($73.8M), United States ($71.6M), India ($30.7M), Germany ($26.4M), and China ($25M).

Imports: In 2018 the top importers of Legume Flours were United States ($90.1M), France ($58.7M), Canada ($41.2M), Germany ($38.2M), and United Kingdom ($30.5M).

Tariffs: In 2018 the average tariff for Legume Flours was 16.5%, been the 158 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Legume Flours are Latvia (50%), Iran (40%), Tunisia (36%), Bahamas (32.2%), and Thailand (30.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Legume Flours ranks 950th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Spain, $73.8M

Top Destination (2018): United States, $90.1M

Legume Flours are the world's 997th most traded product.

In 2018, the top exporters of Legume Flours were Spain ($73.8M), United States ($71.6M), India ($30.7M), Germany ($26.4M), and China ($25M).

In 2018, the top importers of Legume Flours were United States ($90.1M), France ($58.7M), Canada ($41.2M), Germany ($38.2M), and United Kingdom ($30.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Spain, $15.1M

Top Destination Growth (2017 - 2018): United States, $21.2M

Between 2017 and 2018, the exports of Legume Flours grew the fastest in Spain ($15.1M), Thailand ($13M), United Arab Emirates ($11M), Sri Lanka ($9.03M), and Italy ($6.45M).

Between 2017 and 2018, the fastest growing importers of Legume Flours were United States ($21.2M), United Arab Emirates ($9.75M), Australia ($8.52M), France ($7.58M), and United Kingdom ($6.96M).

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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 Legume Flours.

In 2018,  market concentration measured using Shannon Entropy, was 5.01. This means that most of the exports of Legume Flours are explained by 32 countries.

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TOP NET EXPORTER (2018): Spain, $67.4M

TOP NET IMPORTER (2018): France, $41.6M

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

In 2018, the countries that had a largest trade value in exports than in imports of Legume Flours were Spain ($67.4M), India ($23.1M), Thailand ($21.1M), Turkey ($20.9M), and Sri Lanka ($20.5M).

In 2018, the countries that had a largest trade value in imports than in exports of Legume Flours were France ($41.6M), United Kingdom ($21.2M), United States ($18.6M), South Korea ($17.1M), and Australia ($16.8M).

Trade Forecasts

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This section shows forecasts for total trade for Legume 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 Legume Flours was 16.5%.  The countries with the highest tariffs for importing Legume Flours were Latvia (50%), Iran (40%), Tunisia (36%), Bahamas (32.2%), and Thailand (30.4%).

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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.