HS Icon Glucose including syrup of 20%-50% dry weight fructos

170240 (Harmonized System 1992 for 6-digit)

World Trade (2018): $236M, Rnk 3532 / 4726

Top Exporter (2018): $32.6M, United States

Top Importer (2018): $21.6M, Germany

Product Complexity (2018): -0.36, Rnk 3188 / 4873

Export Growth (CAGR)(2017 - 2018): -19.7%, Rnk 4512 / 4726

Mean Tariff (2018): 17.8%, Rnk 761 / 6538

Share of World Trade (2018): 0.0013%, Rnk 3532 / 4726

Overview:  This page contains the latest trade data of Glucose including syrup of 20%-50% dry weight fructos. In 2018, Glucose including syrup of 20%-50% dry weight fructos were the world's 3532nd most traded product, with a total trade of $236M. Between 2017 and 2018 the exports of Glucose including syrup of 20%-50% dry weight fructos decreased by -19.7%, from  $294M to $236M. Trade in Glucose including syrup of 20%-50% dry weight fructos represent 0.0013% of total world trade.

Exports: In 2018 the top exporters of Glucose including syrup of 20%-50% dry weight fructos  were United States ($32.6M), Hungary ($27.9M), Belgium-Luxembourg ($25.4M), China ($17.2M), and Canada ($16M).

Imports: In 2018 the top importers of Glucose including syrup of 20%-50% dry weight fructos were Germany ($21.6M), United States ($17.1M), Mexico ($16.9M), United Kingdom ($16.8M), and Poland ($16.1M).

Tariffs: In 2018 the average tariff for Glucose including syrup of 20%-50% dry weight fructos was 17.8%, been the 761 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Glucose including syrup of 20%-50% dry weight fructos are Turkey (134%), Lithuania (82.6%), Moldova (70.7%), Hungary (63.8%), and Slovakia (60%). The countries with the lowest tariffs are Angola (0%), Mauritania (0%), Mauritius (0%), South Africa (0%), and Zambia (0%).

Ranking: Glucose including syrup of 20%-50% dry weight fructos ranks 3188th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $32.6M

Top Destination (2018): Germany, $21.6M

Glucose including syrup of 20%-50% dry weight fructos are the world's 3532nd most traded product.

In 2018, the top exporters of Glucose including syrup of 20%-50% dry weight fructos were United States ($32.6M), Hungary ($27.9M), Belgium-Luxembourg ($25.4M), China ($17.2M), and Canada ($16M).

In 2018, the top importers of Glucose including syrup of 20%-50% dry weight fructos were Germany ($21.6M), United States ($17.1M), Mexico ($16.9M), United Kingdom ($16.8M), and Poland ($16.1M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Egypt, $4.53M

Top Destination Growth (2017 - 2018): Malaysia, $4.93M

Between 2017 and 2018, the exports of Glucose including syrup of 20%-50% dry weight fructos grew the fastest in Egypt ($4.53M), Turkey ($2.35M), France ($2.33M), Poland ($1.89M), and Netherlands ($1.28M).

Between 2017 and 2018, the fastest growing importers of Glucose including syrup of 20%-50% dry weight fructos were Malaysia ($4.93M), Croatia ($4M), Kenya ($2.12M), India ($1.34M), and Singapore ($1.17M).

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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 Glucose including syrup of 20%-50% dry weight fructos.

In 2018,  market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Glucose including syrup of 20%-50% dry weight fructos are explained by 18 countries.

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TOP NET EXPORTER (2018): Hungary, $27.8M

TOP NET IMPORTER (2018): Mexico, $16.4M

This map shows which countries export or import more of Glucose including syrup of 20%-50% dry weight fructos. Each country is colored based on the difference in exports and imports of Glucose including syrup of 20%-50% dry weight fructos during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Glucose including syrup of 20%-50% dry weight fructos were Hungary ($27.8M), Belgium-Luxembourg ($21.9M), China ($16.6M), United States ($15.5M), and Slovakia ($13.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Glucose including syrup of 20%-50% dry weight fructos were Mexico ($16.4M), United Kingdom ($15.3M), Czechia ($13.6M), Poland ($12.4M), and Germany ($10.3M).

Trade Forecasts

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This section shows forecasts for total trade for Glucose including syrup of 20%-50% dry weight fructos. 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 Glucose including syrup of 20%-50% dry weight fructos was 17.8%.  The countries with the highest tariffs for importing Glucose including syrup of 20%-50% dry weight fructos were Turkey (134%), Lithuania (82.6%), Moldova (70.7%), Hungary (63.8%), and Slovakia (60%).

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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.