HS Icon Potatoes, prepared, frozen

200410 (Harmonized System 1992 for 6-digit)

World Trade (2018): $7.42B, Rnk 441 / 4726

Top Exporter (2018): $1.88B, Netherlands

Top Importer (2018): $978M, United States

Export Growth (CAGR)(2017 - 2018): 9.46%, Rnk 2760 / 4726

Mean Tariff (2018): 28.5%, Rnk 141 / 6538

Share of World Trade (2018): 0.04%, Rnk 441 / 4726

Overview:  This page contains the latest trade data of Potatoes, prepared, frozen. In 2018, Potatoes, prepared, frozen were the world's 441st most traded product, with a total trade of $7.42B. Between 2017 and 2018 the exports of Potatoes, prepared, frozen grew by 9.46%, from  $6.78B to $7.42B. Trade in Potatoes, prepared, frozen represent 0.04% of total world trade.

Exports: In 2018 the top exporters of Potatoes, prepared, frozen  were Netherlands ($1.88B), Belgium-Luxembourg ($1.85B), United States ($1.15B), Canada ($1.07B), and France ($382M).

Imports: In 2018 the top importers of Potatoes, prepared, frozen were United States ($978M), United Kingdom ($699M), France ($518M), Japan ($403M), and Netherlands ($335M).

Tariffs: In 2018 the average tariff for Potatoes, prepared, frozen was 28.5%, been the 141 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Potatoes, prepared, frozen are Finland (115%), Lebanon (61.1%), Thailand (57.8%), Angola (50%), and Poland (49%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Philippines (0%), and Singapore (0%).

Exporters and Importers

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Trade By Country

Top Origin (2018): Netherlands, $1.88B

Top Destination (2018): United States, $978M

Potatoes, prepared, frozen are the world's 441st most traded product.

In 2018, the top exporters of Potatoes, prepared, frozen were Netherlands ($1.88B), Belgium-Luxembourg ($1.85B), United States ($1.15B), Canada ($1.07B), and France ($382M).

In 2018, the top importers of Potatoes, prepared, frozen were United States ($978M), United Kingdom ($699M), France ($518M), Japan ($403M), and Netherlands ($335M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Belgium-Luxembourg, $299M

Top Destination Growth (2017 - 2018): United Kingdom, $105M

Between 2017 and 2018, the exports of Potatoes, prepared, frozen grew the fastest in Belgium-Luxembourg ($299M), Netherlands ($82.1M), France ($80.6M), Canada ($74M), and Germany ($45.5M).

Between 2017 and 2018, the fastest growing importers of Potatoes, prepared, frozen were United Kingdom ($105M), United States ($98.4M), Spain ($52.2M), Netherlands ($50.3M), and China ($44.1M).

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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 Potatoes, prepared, frozen.

In 2018,  market concentration measured using Shannon Entropy, was 2.97. This means that most of the exports of Potatoes, prepared, frozen are explained by 7 countries.

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TOP NET EXPORTER (2018): Belgium-Luxembourg, $1.73B

TOP NET IMPORTER (2018): United Kingdom, $612M

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

In 2018, the countries that had a largest trade value in exports than in imports of Potatoes, prepared, frozen were Belgium-Luxembourg ($1.73B), Netherlands ($1.55B), Canada ($1B), United States ($174M), and Argentina ($162M).

In 2018, the countries that had a largest trade value in imports than in exports of Potatoes, prepared, frozen were United Kingdom ($612M), Japan ($401M), Italy ($300M), Brazil ($266M), and Spain ($226M).

Trade Forecasts

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This section shows forecasts for total trade for Potatoes, prepared, frozen. 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 Potatoes, prepared, frozen was 28.5%.  The countries with the highest tariffs for importing Potatoes, prepared, frozen were Finland (115%), Lebanon (61.1%), Thailand (57.8%), Angola (50%), and Poland (49%).

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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.