HS Icon Tapioca

1903 (Harmonized System 1992 for 4-digit)

World Trade (2018): $127M, Rnk 1164 / 1225

Top Exporter (2018): $49M, Chinese Taipei

Top Importer (2018): $24.3M, United States

Export Growth (CAGR)(2017 - 2018): 47.3%, Rnk 79 / 1225

Mean Tariff (2018): 14.4%, Rnk 225 / 1259

Share of World Trade (2018): 0.00069%, Rnk 1164 / 1225

Overview: In 2018, Tapioca were the world's 1164th most traded product, with a total trade of $127M. Between 2017 and 2018 the exports of Tapioca grew by 47.3%, from  $86M to $127M. Trade in Tapioca represent 0.00069% of total world trade.

Exports: In 2018 the top exporters of Tapioca  were Chinese Taipei ($49M), Thailand ($32.2M), China ($10.7M), Indonesia ($5.36M), and France ($4.21M).

Imports: In 2018 the top importers of Tapioca were United States ($24.3M), Japan ($10.8M), China ($8.1M), Vietnam ($5.67M), and France ($5.47M).

Tariffs: In 2018 the average tariff for Tapioca was 14.4%, been the 225 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Tapioca are Syria (73.5%), Bahamas (37.3%), Vietnam (37.2%), Tunisia (36%), and Hungary (35.2%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Hong Kong (0%), Maldives (0%), and Singapore (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Chinese Taipei, $49M

Top Destination (2018): United States, $24.3M

Tapioca are the world's 1164th most traded product.

In 2018, the top exporters of Tapioca were Chinese Taipei ($49M), Thailand ($32.2M), China ($10.7M), Indonesia ($5.36M), and France ($4.21M).

In 2018, the top importers of Tapioca were United States ($24.3M), Japan ($10.8M), China ($8.1M), Vietnam ($5.67M), and France ($5.47M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Chinese Taipei, $28.6M

Top Destination Growth (2017 - 2018): Vietnam, $5.67M

Between 2017 and 2018, the exports of Tapioca grew the fastest in Chinese Taipei ($28.6M), Thailand ($5.29M), Indonesia ($1.77M), Cote d'Ivoire ($1.64M), and United States ($1.23M).

Between 2017 and 2018, the fastest growing importers of Tapioca were Vietnam ($5.67M), United States ($5.5M), Japan ($4.8M), Bangladesh ($4.53M), and China ($2.94M).

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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 Tapioca.

In 2018,  market concentration measured using Shannon Entropy, was 3.02. This means that most of the exports of Tapioca are explained by 8 countries.

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TOP NET EXPORTER (2018): Chinese Taipei, $48.6M

TOP NET IMPORTER (2018): United States, $22.2M

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

In 2018, the countries that had a largest trade value in exports than in imports of Tapioca were Chinese Taipei ($48.6M), Thailand ($31.6M), Brazil ($3.8M), Indonesia ($3.72M), and Cote d'Ivoire ($3.05M).

In 2018, the countries that had a largest trade value in imports than in exports of Tapioca were United States ($22.2M), Japan ($10.7M), Canada ($5.4M), South Korea ($4.92M), and Bangladesh ($4.53M).

Trade Forecasts

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This section shows forecasts for total trade for Tapioca. 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 Tapioca was 14.4%.  The countries with the highest tariffs for importing Tapioca were Syria (73.5%), Bahamas (37.3%), Vietnam (37.2%), Tunisia (36%), and Hungary (35.2%).

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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.