HS Icon Other Vegetable Products

1404 (Harmonized System 1992 for 4-digit)

World Trade (2018): $919M, Rnk 931 / 1225

Top Exporter (2018): $145M, Indonesia

Top Importer (2018): $148M, Japan

Product Complexity (2018): -1.9, Rnk 991 / 1018

Export Growth (CAGR)(2017 - 2018): 2.41%, Rnk 1026 / 1225

Mean Tariff (2018): 5.96%, Rnk 708 / 1259

Share of World Trade (2018): 0.005%, Rnk 931 / 1225

Overview: In 2018, Other Vegetable Products were the world's 931st most traded product, with a total trade of $919M. Between 2017 and 2018 the exports of Other Vegetable Products grew by 2.41%, from  $897M to $919M. Trade in Other Vegetable Products represent 0.005% of total world trade.

Exports: In 2018 the top exporters of Other Vegetable Products  were Indonesia ($145M), India ($94.1M), Sri Lanka ($80.5M), Malaysia ($74.1M), and China ($54.7M).

Imports: In 2018 the top importers of Other Vegetable Products were Japan ($148M), China ($107M), United States ($79M), South Korea ($63M), and Germany ($37.1M).

Tariffs: In 2018 the average tariff for Other Vegetable Products was 5.96%, been the 708 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Vegetable Products are Israel (37.9%), Tunisia (36%), Bermuda (25%), India (24.5%), and Sudan (21.9%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Turkey (0%), and Bosnia and Herzegovina (0%).

Ranking: Other Vegetable Products ranks 991st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Indonesia, $145M

Top Destination (2018): Japan, $148M

Other Vegetable Products are the world's 931st most traded product.

In 2018, the top exporters of Other Vegetable Products were Indonesia ($145M), India ($94.1M), Sri Lanka ($80.5M), Malaysia ($74.1M), and China ($54.7M).

In 2018, the top importers of Other Vegetable Products were Japan ($148M), China ($107M), United States ($79M), South Korea ($63M), and Germany ($37.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Indonesia, $31.7M

Top Destination Growth (2017 - 2018): Japan, $26.6M

Between 2017 and 2018, the exports of Other Vegetable Products grew the fastest in Indonesia ($31.7M), Malaysia ($15.4M), South Africa ($13.3M), Ukraine ($9.67M), and Sri Lanka ($9.53M).

Between 2017 and 2018, the fastest growing importers of Other Vegetable Products were Japan ($26.6M), Poland ($11.2M), Chinese Taipei ($9.02M), Ireland ($7.63M), and Germany ($7.63M).

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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 Other Vegetable Products.

In 2018,  market concentration measured using Shannon Entropy, was 4.68. This means that most of the exports of Other Vegetable Products are explained by 25 countries.

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TOP NET EXPORTER (2018): Indonesia, $144M

TOP NET IMPORTER (2018): Japan, $145M

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Vegetable Products were Indonesia ($144M), India ($79.8M), Sri Lanka ($72.7M), Malaysia ($70.6M), and Mexico ($36.8M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Vegetable Products were Japan ($145M), South Korea ($62.6M), China ($52M), United States ($38.4M), and Poland ($34.1M).

Trade Forecasts

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This section shows forecasts for total trade for Other Vegetable Products. 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 Other Vegetable Products was 5.96%.  The countries with the highest tariffs for importing Other Vegetable Products were Israel (37.9%), Tunisia (36%), Bermuda (25%), India (24.5%), and Sudan (21.9%).

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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.