HS Icon Other Processed Fruits and Nuts

2008 (Harmonized System 1992 for 4-digit)

World Trade (2018): $17.1B, Rnk 218 / 1225

Top Exporter (2018): $2.89B, China

Top Importer (2018): $2.96B, United States

Product Complexity (2018): -1.31, Rnk 903 / 1018

Export Growth (CAGR)(2017 - 2018): 5.96%, Rnk 939 / 1225

Mean Tariff (2018): 26.1%, Rnk 38 / 1259

Share of World Trade (2018): 0.093%, Rnk 218 / 1225

Overview: In 2018, Other Processed Fruits and Nuts were the world's 218th most traded product, with a total trade of $17.1B. Between 2017 and 2018 the exports of Other Processed Fruits and Nuts grew by 5.96%, from  $16.1B to $17.1B. Trade in Other Processed Fruits and Nuts represent 0.093% of total world trade.

Exports: In 2018 the top exporters of Other Processed Fruits and Nuts  were China ($2.89B), United States ($1.79B), Thailand ($1.01B), Germany ($955M), and Netherlands ($839M).

Imports: In 2018 the top importers of Other Processed Fruits and Nuts were United States ($2.96B), Germany ($1.37B), Japan ($1.1B), France ($1.01B), and Canada ($909M).

Tariffs: In 2018 the average tariff for Other Processed Fruits and Nuts was 26.1%, been the 38 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Other Processed Fruits and Nuts are Austria (143%), Cyprus (82.8%), Turkey (57.4%), Angola (50%), and Iran (45%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Singapore (0%), Switzerland (0%), and Norway (0.13%).

Ranking: Other Processed Fruits and Nuts ranks 903rd in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): China, $2.89B

Top Destination (2018): United States, $2.96B

Other Processed Fruits and Nuts are the world's 218th most traded product.

In 2018, the top exporters of Other Processed Fruits and Nuts were China ($2.89B), United States ($1.79B), Thailand ($1.01B), Germany ($955M), and Netherlands ($839M).

In 2018, the top importers of Other Processed Fruits and Nuts were United States ($2.96B), Germany ($1.37B), Japan ($1.1B), France ($1.01B), and Canada ($909M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): China, $414M

Top Destination Growth (2017 - 2018): Netherlands, $173M

Between 2017 and 2018, the exports of Other Processed Fruits and Nuts grew the fastest in China ($414M), Netherlands ($229M), United States ($181M), Argentina ($160M), and Vietnam ($104M).

Between 2017 and 2018, the fastest growing importers of Other Processed Fruits and Nuts were Netherlands ($173M), Canada ($115M), United Kingdom ($73M), Indonesia ($53M), and South Korea ($39.8M).

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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 Fruits and Nuts.

In 2018,  market concentration measured using Shannon Entropy, was 4.94. This means that most of the exports of Other Processed Fruits and Nuts are explained by 30 countries.

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TOP NET EXPORTER (2018): China, $2.08B

TOP NET IMPORTER (2018): United States, $1.17B

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

In 2018, the countries that had a largest trade value in exports than in imports of Other Processed Fruits and Nuts were China ($2.08B), Thailand ($796M), Turkey ($705M), Argentina ($475M), and Philippines ($347M).

In 2018, the countries that had a largest trade value in imports than in exports of Other Processed Fruits and Nuts were United States ($1.17B), Japan ($1.02B), France ($649M), United Kingdom ($604M), and Germany ($418M).

Trade Forecasts

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This section shows forecasts for total trade for Other Processed Fruits and Nuts. 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 Fruits and Nuts was 26.1%.  The countries with the highest tariffs for importing Other Processed Fruits and Nuts were Austria (143%), Cyprus (82.8%), Turkey (57.4%), Angola (50%), and Iran (45%).

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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.