HS Icon 50% fructose, not pure fructose onClick=titleClick(0)>Fructose, syrup > 50% fructose, not pure fructose

170260 (Harmonized System 1992 for 6-digit)

World Trade (2018): $917M, Rnk 2140 / 4726

Top Exporter (2018): $446M, United States

Top Importer (2018): $389M, Mexico

Product Complexity (2018): 0.3, Rnk 2079 / 4873

Export Growth (CAGR)(2017 - 2018): 1.63%, Rnk 3688 / 4726

Mean Tariff (2018): 15.3%, Rnk 1073 / 6538

Share of World Trade (2018): 0.005%, Rnk 2140 / 4726

Overview:  This page contains the latest trade data of Fructose, syrup > 50% fructose, not pure fructose. In 2018, Fructose, syrup > 50% fructose, not pure fructose were the world's 2140th most traded product, with a total trade of $917M. Between 2017 and 2018 the exports of Fructose, syrup > 50% fructose, not pure fructose grew by 1.63%, from  $902M to $917M. Trade in Fructose, syrup > 50% fructose, not pure fructose represent 0.005% of total world trade.

Exports: In 2018 the top exporters of Fructose, syrup > 50% fructose, not pure fructose  were United States ($446M), Mexico ($134M), China ($109M), Hungary ($45.7M), and Germany ($22.2M).

Imports: In 2018 the top importers of Fructose, syrup > 50% fructose, not pure fructose were Mexico ($389M), United States ($97.8M), Vietnam ($57M), Canada ($52.5M), and Germany ($35.5M).

Tariffs: In 2018 the average tariff for Fructose, syrup > 50% fructose, not pure fructose was 15.3%, been the 1073 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fructose, syrup > 50% fructose, not pure fructose are Turkey (134%), Mexico (72.7%), Moldova (70.7%), Hungary (63.8%), and Slovakia (40%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Maldives (0%).

Ranking: Fructose, syrup > 50% fructose, not pure fructose ranks 2079th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): United States, $446M

Top Destination (2018): Mexico, $389M

Fructose, syrup > 50% fructose, not pure fructose are the world's 2140th most traded product.

In 2018, the top exporters of Fructose, syrup > 50% fructose, not pure fructose were United States ($446M), Mexico ($134M), China ($109M), Hungary ($45.7M), and Germany ($22.2M).

In 2018, the top importers of Fructose, syrup > 50% fructose, not pure fructose were Mexico ($389M), United States ($97.8M), Vietnam ($57M), Canada ($52.5M), and Germany ($35.5M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Mexico, $81.4M

Top Destination Growth (2017 - 2018): United States, $97.7M

Between 2017 and 2018, the exports of Fructose, syrup > 50% fructose, not pure fructose grew the fastest in Mexico ($81.4M), Canada ($18.5M), Chinese Taipei ($9M), Hungary ($6.49M), and Netherlands ($6.11M).

Between 2017 and 2018, the fastest growing importers of Fructose, syrup > 50% fructose, not pure fructose were United States ($97.7M), Vietnam ($22.6M), Germany ($8.85M), Malaysia ($8.6M), and Croatia ($8.03M).

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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 Fructose, syrup > 50% fructose, not pure fructose.

In 2018,  market concentration measured using Shannon Entropy, was 2.76. This means that most of the exports of Fructose, syrup > 50% fructose, not pure fructose are explained by 6 countries.

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TOP NET EXPORTER (2018): United States, $348M

TOP NET IMPORTER (2018): Mexico, $255M

This map shows which countries export or import more of Fructose, syrup > 50% fructose, not pure fructose. Each country is colored based on the difference in exports and imports of Fructose, syrup > 50% fructose, not pure fructose during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Fructose, syrup > 50% fructose, not pure fructose were United States ($348M), China ($106M), Hungary ($44M), Bulgaria ($19.1M), and Belgium-Luxembourg ($14.3M).

In 2018, the countries that had a largest trade value in imports than in exports of Fructose, syrup > 50% fructose, not pure fructose were Mexico ($255M), Vietnam ($56.9M), Canada ($33.1M), Indonesia ($32.4M), and Romania ($15.9M).

Trade Forecasts

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This section shows forecasts for total trade for Fructose, syrup > 50% fructose, not pure fructose. 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 Fructose, syrup > 50% fructose, not pure fructose was 15.3%.  The countries with the highest tariffs for importing Fructose, syrup > 50% fructose, not pure fructose were Turkey (134%), Mexico (72.7%), Moldova (70.7%), Hungary (63.8%), and Slovakia (40%).

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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.