HS Icon Processed Tomatoes

2002 (Harmonized System 1992 for 4-digit)

World Trade (2018): $4.35B, Rnk 547 / 1225

Top Exporter (2018): $1.82B, Italy

Top Importer (2018): $505M, Germany

Product Complexity (2018): -1.2, Rnk 874 / 1018

Export Growth (CAGR)(2017 - 2018): 9.66%, Rnk 796 / 1225

Mean Tariff (2018): 26.5%, Rnk 36 / 1259

Share of World Trade (2018): 0.024%, Rnk 547 / 1225

Overview:  This page contains the latest trade data of Processed Tomatoes. In 2018, Processed Tomatoes were the world's 547th most traded product, with a total trade of $4.35B. Between 2017 and 2018 the exports of Processed Tomatoes grew by 9.66%, from  $3.97B to $4.35B. Trade in Processed Tomatoes represent 0.024% of total world trade.

Exports: In 2018 the top exporters of Processed Tomatoes  were Italy ($1.82B), China ($640M), Spain ($421M), United States ($338M), and Portugal ($259M).

Imports: In 2018 the top importers of Processed Tomatoes were Germany ($505M), United Kingdom ($444M), France ($249M), Japan ($239M), and Netherlands ($152M).

Tariffs: In 2018 the average tariff for Processed Tomatoes was 26.5%, been the 36 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Processed Tomatoes are Turkey (135%), Cyprus (107%), Iran (73.3%), Thailand (65.1%), and Poland (51%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Processed Tomatoes ranks 874th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Italy, $1.82B

Top Destination (2018): Germany, $505M

Processed Tomatoes are the world's 547th most traded product.

In 2018, the top exporters of Processed Tomatoes were Italy ($1.82B), China ($640M), Spain ($421M), United States ($338M), and Portugal ($259M).

In 2018, the top importers of Processed Tomatoes were Germany ($505M), United Kingdom ($444M), France ($249M), Japan ($239M), and Netherlands ($152M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Italy, $279M

Top Destination Growth (2017 - 2018): United States, $66.6M

Between 2017 and 2018, the exports of Processed Tomatoes grew the fastest in Italy ($279M), Spain ($71.5M), United Arab Emirates ($56.6M), Portugal ($23.1M), and China ($13.7M).

Between 2017 and 2018, the fastest growing importers of Processed Tomatoes were United States ($66.6M), Iraq ($61.5M), Germany ($56.9M), Nigeria ($34.2M), and France ($31.1M).

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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 Processed Tomatoes.

In 2018,  market concentration measured using Shannon Entropy, was 3.15. This means that most of the exports of Processed Tomatoes are explained by 8 countries.

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TOP NET EXPORTER (2018): Italy, $1.68B

TOP NET IMPORTER (2018): Germany, $461M

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

In 2018, the countries that had a largest trade value in exports than in imports of Processed Tomatoes were Italy ($1.68B), China ($625M), Spain ($376M), Portugal ($231M), and United States ($196M).

In 2018, the countries that had a largest trade value in imports than in exports of Processed Tomatoes were Germany ($461M), United Kingdom ($433M), Japan ($239M), France ($209M), and Iraq ($150M).

Trade Forecasts

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This section shows forecasts for total trade for Processed Tomatoes. 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 Processed Tomatoes was 26.5%.  The countries with the highest tariffs for importing Processed Tomatoes were Turkey (135%), Cyprus (107%), Iran (73.3%), Thailand (65.1%), and Poland (51%).

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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.