HS Icon Other Processed Vegetables

2005 (Harmonized System 1992 for 4-digit)

World Trade (2018): $11.2B, Rnk 303 / 1225

Top Exporter (2018): $1.86B, China

Top Importer (2018): $1.37B, United States

Product Complexity (2018): -0.78, Rnk 764 / 1018

Export Growth (CAGR)(2017 - 2018): 8.79%, Rnk 826 / 1225

Mean Tariff (2018): 32.1%, Rnk 17 / 1259

Share of World Trade (2018): 0.061%, Rnk 303 / 1225

Overview:  This page contains the latest trade data of Other Processed Vegetables. In 2018, Other Processed Vegetables were the world's 303rd most traded product, with a total trade of $11.2B. Between 2017 and 2018 the exports of Other Processed Vegetables grew by 8.79%, from  $10.3B to $11.2B. Trade in Other Processed Vegetables represent 0.061% of total world trade.

Exports: In 2018 the top exporters of Other Processed Vegetables  were China ($1.86B), Spain ($1.12B), Netherlands ($791M), Italy ($642M), and United States ($582M).

Imports: In 2018 the top importers of Other Processed Vegetables were United States ($1.37B), Germany ($1.03B), France ($861M), Japan ($766M), and United Kingdom ($579M).

Tariffs: In 2018 the average tariff for Other Processed Vegetables was 32.1%, been the 17 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Processed Vegetables are Austria (289%), Cyprus (55.1%), Angola (50%), Iran (45%), and Syria (39.5%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Maldives (0%), Singapore (0%), and Switzerland (0%).

Ranking: Other Processed Vegetables ranks 764th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $1.86B

Top Destination (2018): United States, $1.37B

Other Processed Vegetables are the world's 303rd most traded product.

In 2018, the top exporters of Other Processed Vegetables were China ($1.86B), Spain ($1.12B), Netherlands ($791M), Italy ($642M), and United States ($582M).

In 2018, the top importers of Other Processed Vegetables were United States ($1.37B), Germany ($1.03B), France ($861M), Japan ($766M), and United Kingdom ($579M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Netherlands, $129M

Top Destination Growth (2017 - 2018): Germany, $137M

Between 2017 and 2018, the exports of Other Processed Vegetables grew the fastest in Netherlands ($129M), Belgium-Luxembourg ($110M), Thailand ($83M), Italy ($73.5M), and Greece ($63.7M).

Between 2017 and 2018, the fastest growing importers of Other Processed Vegetables were Germany ($137M), United Kingdom ($79.5M), Netherlands ($77.5M), Japan ($67.6M), and France ($64.9M).

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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 Other Processed Vegetables.

In 2018,  market concentration measured using Shannon Entropy, was 4.76. This means that most of the exports of Other Processed Vegetables are explained by 27 countries.

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TOP NET EXPORTER (2018): China, $1.82B

TOP NET IMPORTER (2018): United States, $785M

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Processed Vegetables were China ($1.82B), Spain ($727M), Greece ($516M), Netherlands ($391M), and Peru ($366M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Processed Vegetables were United States ($785M), Japan ($730M), Germany ($658M), South Korea ($370M), and France ($358M).

Trade Forecasts

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This section shows forecasts for total trade for Other Processed Vegetables. 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 Other Processed Vegetables was 32.1%.  The countries with the highest tariffs for importing Other Processed Vegetables were Austria (289%), Cyprus (55.1%), Angola (50%), Iran (45%), and Syria (39.5%).

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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.